November 16, 2024

FINTECH MAGAZINE AFRICA

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Glovo Partners With Visa to Empower SMEs

Global technology company Glovo has joined forces with payments giant Visa, to support small-to-medium enterprises (SMEs) through a series of online training courses. This partnership stems from the shared conviction of Glovo and Visa that SMEs form the foundation of the global economy.

The initiative is part of Glovo’s broader program, Glovo Local, designed to empower SMEs to excel in an ever-expanding digital landscape.

Speaking on the partnership, Glovo said via a statement;

“with its online training series and through its partnership with Visa, Glovo intends to offer timely support to SMEs. The partnership comes at an important time for SMEs worldwide to overcome persistent challenges including complex regulations, inadequate digital infrastructure, and a scarcity of digital talent.

“The series crucially covers a range of business-focused topics including digital payments, marketing campaigns, social media, and money management. The videos will be available across nine countries in southwest Europe and Africa (Spain, Portugal, Ivory Coast, Morocco, Tunisia, Ghana, Uganda, Kenya, and Nigeria) and will be accessible to over 40,000 SMEs.”

Also speaking, Head of Impact and Sustainability at Glovo, Sébastien Pellion said,

“we are using this opportunity to further our offering to SMEs and to strengthen a collaborative ecosystem for entrepreneurs and business owners that shape our cities. Only 20 per cent of SMEs in the markets where we operate sell via digital channels, resulting in a huge potential for them to tap into new customer bases.

“Partnering with Visa is another opportunity to support SMEs on their digitalisation journey and accelerate small and independent businesses in regions like Africa, which has ample opportunities for local business owners. We’re confident that Visa can aid us in fuelling local economies through formalised, community-driven initiatives.”

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