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What to Expect from the KongaPay-Bibimoney Collaboration

More specifically, KongaPay will take advantage of Bibimoney's position as the world's first interoperable mobile wallet on any phone and any mobile network to launch an exciting solution for Nigerian users.

 

KongaPay, a frontline mobile money platform and member of the Konga Group, recently signed a landmark agreement with Bibimoney, a UK-based industry leader, to expand access to financial inclusion for many in Nigeria, while also raising standards in the Nigerian and global Fintech ecosystems.

 

Mr. Shiraz Jassa, Founder CEO of Bibimoney, and Leo Stan Ekeh, Chairman of Konga Group signed the iconic partnership last week at the prestigious House of Lords in London, witnessed by Lord Anthony St. John of Bletso, Chairman of Bibimoney, and many other distinguished guests.

 

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What to Expect from the KongaPay-Bibimoney Collaboration

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More specifically, KongaPay will take advantage of Bibimoney's position as the world's first interoperable mobile wallet on any phone and any mobile network to launch an exciting solution for Nigerian users.

 

Konga KongaPay, a frontline mobile money platform and member of the Konga Group, recently signed a landmark agreement with Bibimoney, a UK-based industry leader, to expand access to financial inclusion for many in Nigeria, while also raising standards in the Nigerian and global Fintech ecosystems.

 

Mr. Shiraz Jassa, Founder CEO of Bibimoney, and Leo Stan Ekeh, Chairman of Konga Group signed the iconic partnership last week at the prestigious House of Lords in London, witnessed by Lord Anthony St. John of Bletso, Chairman of Bibimoney, and many other distinguished guests.

 

 

Lord Anthony, as he is popularly known, said in his pre-signing speech that the world has so much faith in Africa and the Middle East because of the infinite possibilities that could emerge with companies like Konga with great credentials.

 

"With the way technology is simplifying transactions borderlessly, we believe in the pedigree of ownership of such home-grown companies from Africa and will do our best to assist KongaPay in becoming a globally respected financial services company. "Dr. Ekeh, we have many reasons to believe Konga," he said.

 

Mr. Jessa, Founder CEO of Bibimoney and a highly respected Fintech genius, also spoke and congratulated the Chairman and management of the Konga Group on elevating governance and trust in the mobile money business.

 

"I must tell you that many companies approached us for a partnership, but your history and the profile of your investors set you apart from the rest, and that is why we are signing an exclusive partnership with KongaPay." I can assure you that after we have implemented the tech backbone that will drive your different platforms seamlessly, you will become a very exemplary company out of Africa in the Fintech world in a few months," he said.

 

While thanking Lord Anthony, the management of Bibimoney, and other distinguished guests present, Konga Group Chairman Leo Stan Ekeh assured them that KongaPay's vision remains very clear, which is to lead in Africa.

 

"By 2025, we hope to have onboarded at least 65 million active Nigerians and Africans." As you are aware, unlike our competitors, we have complementary benefits to offer our customers, which include leveraging our many verticals - Konga Marketplace, Konga Travel, Konga Health, Konga Food, Konga retail stores, and many more to come. Most importantly, you can put your trust in us. "Thank you for your collaboration," he said.

 

The collaboration of both trusted platforms will promote person-to-person transfers, bill payments, and the provision of quality and trusted payment solutions to mobile money agents, merchants, businesses, donor agencies, governments, and individual consumers, among others. More specifically, KongaPay will use Bibimoney's status as the world's first interoperable mobile wallet on any phone and any mobile network to launch an exciting solution for Nigerian users.

 

"This strategic alliance comes at a time when technology is transforming the way financial services are delivered." Users will be thrilled in the coming months with a unique simple solution that is network agnostic, interoperable, and supports any type of phone in the world," said Isa Aliyushata, Vice President, KongaPay.

 

"KongaPay will also be rolling out many payment solutions that will facilitate cross-border payments, promote branchless and borderless trading around the world, and aim not to leave a single person behind," he added. This, of course, is related to the Federal Government's efforts to promote the advantages of the African Continental Free Trade Area. As we expand our customer base, which currently stands at 2 million, we plan to expand the range of services we offer in the coming months with a slew of new product offerings and benefits that are too good to pass up. KongaPay will continue to promote trust-based payment," he concluded.

 

The historic collaboration positions KongaPay to increase its market share while providing more exciting options to its growing customer base and changing the narrative of financial inclusion in Nigeria.

 

KongaPay, which is licensed by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC), has played an important role as a leading provider of digital payment services for e-commerce transactions and other mobile money services in Nigeria since its inception. Similarly, Bibimoney is an award-winning mobile money platform with global recognition and partnerships in countries such as Botswana, Zambia, Egypt, Uganda, India, and the Solomon Islands.


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