FinTech

Softcom Unveils Products to Drive Financial Inclusion, Database Management

Financial inclusion

ADEWUMI OJO

Softcom, a tech solutions company has unveiled new technological platforms to drive financial inclusion, access to data and build capability.

The new initiatives according to the firm would provide a value-chain platform that will help to promote financial literacy for the under-banked and the unbanked in support of the Central Bank of Nigeria [CBN]’s financial inclusion programme.

At the official unveiling of the products, the CEO and Fulfilment Officer of the firm, Yomi Adedeji explained that the firm has undergone various innovative and capacity building research to develop the infrastructure in order to mitigate challenges facing financially excluded individuals and investors that lack access to data for business growth.

He said that the company’s aim was to proffer solutions to payment system, data management and business interactions among business enterprises in a simple and convenient way.

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Adedeji explained that Eyowo, one of the products, which support the CBN’s financial inclusion, was designed to bring the unbanked and under-banked fully into the financial technology set-up.

Financial inclusion
Eyowo’s logo

According to him, Eyowo is a revolutionary online and offline platform that helps the under-banked and bank users to make financial transactions using a phone number.

“We have designed a solution that caters for the pain points of fragmentation, poor connectivity and slow adoption of smartphones. It is a solution that would improve the financial inclusion of people in Nigeria and around the world.’’

At the event, the firm exposed Tech Brunch, DataBeaver, an integrated data collection platform that provides organisations with the means of capturing different classes of data such as pictures via logic based smart forms in an easy and accurate manner.

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Chief Solution Officer, Omosehinde Olabayo assured that the firm is committed to providing simple technology platform that will accelerate and sustain financial business market while offering access to financial services to promote financial inclusion for economic growth.