June 30, 2024

FINTECH MAGAZINE AFRICA

Fintech eyes in africa

Nigerian Fintech Startup AwaCash is Revolutionizing Financial Management for Nigerian Freelancers

2 min read

As African populations increasingly turn to fintech solutions for financial services, Nigerian fintech startup Awacash is making significant strides to cater to underserved communities across the continent, particularly focusing on freelancers. The groundbreaking fintech solution, offers a comprehensive suite of financial services designed to meet the unique needs of Nigerian freelancers.

Founded in 2021 by Dayo Okunfolami, Bonaventure Igboanugo, and Oladele Dada, the platform enables users to make payments, transfer money, and manage their finances seamlessly through a mobile application, revolutionizing how freelancers handle their financial transactions.

The primary aim of AwaCash is to simplify the lives of Nigerian freelancers by providing a customized, on-demand banking experience. The founders understand the challenges freelancers face in accessing credit and managing their finances efficiently. “We understand the obstacles encountered by the average Nigerian freelancer in obtaining credit and efficiently managing their finances. Our primary objective is to streamline their lives by offering an on-demand banking experience that is tailor-made to meet their ever-evolving needs,” said Dayo Okunfolami.

AwaCash features a mobile application available on both iOS and Android platforms, which has already been downloaded over a thousand times from the PlayStore. Freelancers can easily create an account in just a few clicks to access a variety of services. These include paying electricity bills and subscriptions, purchasing airtime and mobile data, saving money, accessing loans, and obtaining virtual bank cards for online purchases.

By providing these essential services through an intuitive and user-friendly mobile application, AwaCash is revolutionizing financial management for Nigerian freelancers. The startup continues to expand its range of services, ensuring that freelancers have the tools they need to manage their finances effectively and focus on their work without financial stress.

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