Lagos, three June 2020 – Sparkle, a digital ecosystem offering monetary, life-style and enterprise assist providers to Nigerians throughout the globe, launches as we speak.
Sparkle, which has been granted a banking license from the Central Financial institution of Nigeria (CBN), has been constructed to assist Nigerians fulfil their potential. Sparkle presents complete assist for people, together with versatile funds, financial savings and analytics to offer better freedom, flexibility and management over funds and life-style as soon as and for all.
Powered by information and expertise, Sparkle is launching a cellular app – out there for iOS and Android – giving clients full and free entry to at least one account that gives a number of providers and totally different wallets.
Sparkle’s customers can be supplied with visibility over spending patterns, with an in depth breakdown of funds by class. Instruments equivalent to Sparkle Stash, a financial savings software aimed in direction of particular objectives, are included. Customers may even have the flexibility to separate funds and payments, make utilities and invoice funds, in addition to ship and obtain cash within the Sparkle community and with different native banks. Clients may even have entry to Indy – a 24/7 monetary buddy and buyer providers chatbot.
Learn additionally: CBN Revises timelines for dispense errors, refund complaints
Sparkle has been based by tech investor and monetary inclusion advocate Uzoma Dozie, the previous Chief Govt Officer of Diamond Financial institution. Uzoma at present fronts a web-based TV present referred to as Tech Turks, shining a lightweight on entrepreneurs and launched TechFest in 2018 in Lagos, Nigeria.
Uzoma Dozie, Chief Sparkler, commented: “Sparkle can be transformational for Nigerians throughout the globe and I’m massively excited to be launching it as we speak. Sparkle is redefining Nigerian commerce by merging monetary providers with a seamless life-style answer. We’re eradicating obstacles utilizing expertise and information, driving inclusion at scale. In doing so, we’re empowering Nigerians to fulfil their potential, democratizing entry to worthwhile options for each enterprise and private wants.”
Sparkle is partnering with VISA, Microsoft and PwC Nigeria to attain its imaginative and prescient of redefining Nigerian commerce. The partnerships will present trade main experience in APIs, cloud computing, information science, machine studying, tax and monetary advisory providers for the good thing about Sparkle’s clients. The providers supplied by Sparkle are all licensed by the CBN.
The launch of Sparkle comes at a time when most of Nigeria’s inhabitants (79%) have cellular connectivity, with 39% gaining access to cellular broadband connections1. This younger and rising inhabitants – at present over 195 million people2 – are additionally digital natives, with social networks forming a part of on a regular basis life. The impression of Covid-19 continues to be felt throughout Nigeria, accelerating the transition to extra digitally enabled existence. As such, there’s a actual alternative for digital-only propositions like Sparkle to fulfill Nigeria’s wants, for people and small companies to stay linked and thrive, each now and sooner or later.
Uzoma Dozie continued: “We’re working with international companions to unleash freedom, flexibility and transparency in Nigeria. We’re serving to to drive ahead the expansion of Nigeria’s budding entrepreneurs and people. Be a part of us to make historical past as we enter the way forward for commerce and look in direction of this thrilling part of development.”
Sparkle has not too long ago joined Ladies’s World Banking, working to make sure better monetary inclusion for ladies, their households and communities in rising markets, the place Uzoma Dozie was beforehand a Board member. Sparkle has additionally joined Open Banking Nigeria, collaborating with Nigeria’s monetary providers trade to remodel and advocate open banking in Nigeria, and to paved the way in Africa too.
Sparkle was based on the values of belief, transparency, freedom, inclusivity, simplicity and personalization.
Based by former Diamond Financial institution CEO and tech entrepreneur, Uzoma Dozie.
Partnerships secured with Microsoft, VISA and PwC Nigeria.
Sparkle represents the most recent of Nigeria’s digital innovators.