Stanbic IBTC Holdings Plc has continued in its efforts to support the Federal Government’s drive to achieve a 95 per cent financial inclusion rate by 2024.
The bank eaffirmed its commitment to further deepen financial inclusion in the country during the masterclass session tagged “Tech and Financial Inclusion” at the Social Media Week (SMW) Lagos. This event kicked off on February 24, at the Landmark Centre, Lagos.
Speaking at the event, Executive Director, Personal and Business Banking, Stanbic IBTC Bank Plc, Wole Adeniyi, said that the organization was working effortlessly to overcome the challenge of bringing the financially excluded, especially the informal sector, into financial inclusion.
He said: “Stanbic IBTC Bank Plc is driving financial inclusion through value-added services and our @ease wallet is one of the platforms we have created to reduce friction and ensure that customers get access at scale. When you open it, within two minutes, you are able to access a broad range of financial services.”
He revealed that the partnership of the parent company of Stanbic IBTC Holdings PLC, Standard Bank Group, with Founders Factory Africa (FFA) is in a bid to deepen financial inclusion in Africa. It has led to the selection and investment into five fintech startup businesses from Nigeria, Ghana, Kenya, and Uganda. The partnership is building and scaling 140 tech-based startups for global networking and partnership opportunities.”
Other panelists at the masterclass were: Nkemdilim Begho, Founder and Managing Director, Future Software Resources Limited; Femi Omogbenigun, MD/CEO, 3Line Card Management Limited and Dayo Ademola, Head of Innovation, Enhancing Financial Innovation and Access (EFInA). The session was anchored by Emmanuel Aihevba, Head, Customer Digital Channels, Stanbic IBTC Bank Plc.