Quickcheck, an online banking and micro-lending platform, has launched a new app to improve financial inclusion among Nigerians and educate them on financial instruments and managing risky debts.
The CTO, Quickcheck, Luis Rodrigues, said the company developed the app to address the issue of loans disbursement in the country.
He said, “With the new app, we want Nigerians to access loans quickly and conveniently. So, if you live in Nigeria, own an Android phone, and you need quick cash to settle emergencies, go on Google Play Store and download the app.
“One can sign up to create an account and apply for a loan instantly without collateral. What we do is to simply run a credit scoring, and if you are eligible, the cash loan will be disbursed to your account within minutes.”
The CEO, Quickcheck, Fabiano di Tomaso, said the company was experiencing exponential organic growth and was closing a couple of strategic partnerships to get closer to customers by integrating technology and credit offering where they needed it and within the channels they were accustomed to.
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He said, “We strongly believe in the product innovation, which makes us to invest a lot in the exploration of complementary products.
“With this innovation, Quickcheck not only bridges the financial inclusion gap, but improves customer interaction with the new app and a revamped brand identity.”
Tomaso stated that in just two years, Quickcheck processed nearly 2,500 transactions daily and disbursed around n2bn in microloans, ranging between n5, 000 and n200, 000.