The Independent Petroleum Marketers Association of Nigeria (IPMAN) has partnered with CrowdForce, a financial services firm, to operate as mobile money agent to expand financial inclusion in the country.
Mr Tomi Ayorinde, the Chief Executive Officer, CrowdForce said the partnership would help to boost IPMAN members’ businesses being mobile money agents.
Ayorinde said this in Lagos during enlightenment induction with members of the association on the need to embrace the initiative as other form of generating income.
He also said that CrowdForce in collaboration with Providus Bank would also facilitate loan to marketers at low interest rates to grow their business.
He said CrowdForce also has accounts in all commercial banks for easy transactions and access of fund to all its mobile money agents nationwide.
Ayorinde said with over 19,000 IPMAN retail outlets across country, the agents will boost financial inclusion in any communities in their operations center.
He said CrowdForce is changing the narratives by building an ecosystem of one million merchants that will render penetrative market research and financial inclusion services to billions of consumers in Africa and other emerging markets.
“We use mobile technology and the largest agent network to help businesses, banks, digital wallets, multinational organisation, NGO and government agencies in reaching the underserved population in the emerging markets.
“We empower businesses to drive mass adoption of digital, crypto and financial services to underserved population in their communities.“We are changing the way business is done in Africa.