Nigeria · Financial services startup

NowNow

NowNow Digital Systems Ltd, based in Lagos, Nigeria, is a prominent fintech and digital banking platform established in 2018.

Funding reportedLast round: Seed

Financial servicesLagos, Nigeria

About NowNow

NowNow Digital Systems Ltd, based in Lagos, Nigeria, is a prominent fintech and digital banking platform established in 2018.

Licensed by the Central Bank of Nigeria, NowNow aims to democratize access to financial services for unbanked and underbanked populations. The company operates a dual business model, serving both B2B and B2C markets, and focuses on small and medium enterprises, individual consumers, and local agents. NowNow offers a mobile application that functions as a digital wallet, enabling users to manage money, make payments, and shop online. Key services include instant money transfers, bill payments, mobile top-ups, and agent banking, which provides cash-in/cash-out services through a network of local agents. The platform also features a cashback and rewards program, enhancing user engagement. With a commitment to financial inclusion and plans for pan-African expansion, NowNow is dedicated to leveraging technology to empower users across the continent.

What company datasets say NowNow raised

Funding, as reported

Reported in all13Min the source's currency
Rounds1
Last roundSeed
Last round size13M
Last round dateSept 2022
Investors listed3

Founders and team

From NowNow's own website: 3 on the team.

  • Emmanuel EfunureChief Compliance Officer
  • Nitesh TaunkChief Revenue Officer
  • Olugboyega OlusanyaChief technology Officer

The company, in detail

What they build

Known for

digital solutionsmobile paymentsbranchless banking nigeriadigital paymentsconsumerslogistics and paymentsdigital banking solutionspayment securitymobile walletreserveinstant payment alertsnigeria financial sectordistributionfast transfer servicesdigital payment securitypayment automation

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Sector
Financial services
Industry code
NAICS 522320
Region
Lagos
Full record
Every detail in the company directory

Financial services in Nigeria

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