Fintech firms unveil plan to bridge financial gap in Jigawa

Fintava, a Nigerian fintech company, and Bizipay, an agent network in Kano, have unveiled an initiative aimed at expanding financial access to over 100,000 unbanked individuals in Jigawa State.

The partnership, according to a statement on Tuesday, seeks to bridge the financial inclusion gap in the state by leveraging Bizipay’s extensive agent network to provide banking services to the unbanked population.

Fintava will provide a customised Point of Sale and ATM cards, enabling beneficiaries to access essential goods and services from palliative shops across the state.

The fintech operator noted that the initiative aligns with the Jigawa State Government’s efforts to establish cashless palliative shops, inaugurated by Vice President Kashim Shettima.

The partnership is expected to significantly enhance financial inclusion, economic growth, and social development in the region.

The collaboration received was commended by the founder of Bizipay, Dr. Aminu Bizi.

He said, “Fintava’s financial technology is arguably one of the best in the country due to its ease, simplicity, and flexibility.”

Fintava’s mission to empower individuals through financial technology continues to gain momentum, and this partnership marks a significant milestone in the company’s journey.

By bringing modern financial services to the people of Jigawa State, Fintava explained that it is not only enhancing their access to essential goods but also contributing to the broader goal of financial inclusion in Nigeria.

The Chief Operating Officer at Fintava, Samuel Ojerinde, expressed his enthusiasm about the project, noting, “Our role in financially including 100,000 people in Jigawa State solidifies our place as a major player in the Nigerian fintech industry.

“This partnership with Bizipay demonstrates our commitment to driving financial inclusion and providing accessible banking solutions to underserved communities.”

Last month, Fintava announced that it was broadening access to financial services in the country through its innovative banking-as-a-service technology, promoting financial inclusion for underserved populations.

According to Fintava, its BaaS model enables non-bank businesses to integrate financial services directly into their products via APIs, allowing them to offer services such as branded credit cards, payment processing, and savings accounts without needing to become banks themselves.