Kolomoni Microfinance Bank has entered into partnership with the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) to provide AfriGO debit cards to millions of Nigerians.
It said the collaboration was to leverage on Kolomoni’s expertise and AMMBAN’s extensive network of mobile money and bank agents to drive financial inclusion across the country.
Managing Director, Kolomoni Microfinance Bank, Yusuf Adeojo, said the would enable its customers and AMMBAN members to benefit from AfriGO’s advanced debit card technology.
“What this means, by extension, is faster transactions, enhanced security features, exclusive rewards, and unparalleled convenience.
“This partnership underscores Kolomoni’s commitment to redefining financial services in Nigeria while driving financial empowerment.” On his part, Managing Director and CEO of AfriGOpay Financial Services Ltd, Mrs. Ebehijie Momoh, said her firm was committed to driving financial inclusion by providing secure, accessible, and affordable payment solutions to the unbanked and underbanked segments in Nigeria.
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“With AfriGO cards, customers can enjoy seamless, secure and convenient access to digital financial services, including cash withdrawals, physical and online payments.
“Our partnership with Kolomoni MFB further strengthens Nigeria’s financial ecosystem, fostering sustainable economic growth and self-reliance. Together, we are reshaping the financial landscape for a more inclusive and digital future.”
Chairman of AMMBAN. Dr. Obioha Oti, stated that the goal of AMMBAN was to facilitate a wide adoption of cashless transactions in the grassroots areas of Nigeria.
“By equipping them with AfriGO debit cards and other financial tools from Kolomoni, we are fostering economic growth and expanding financial access across the country and this has always been our vision.
“It takes cashless transactions and e-payments to the grassroots to enable mobile phone users make payments, do transfers, buy airtime, pay utility bills and conduct any such financial transaction without cash exchange, but through their mobile phones.”
