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Carbon’s roadmap to making banking more flexible for consumers

September 16, 2022

Financial technology, Fintech, company Carbon Finance, has promised to transform the banking experience for Nigerians by making it more accessible and flexible.

The Fintech Company made the promise as it marks its 10th anniversary.

Originally set up as a lending company, Carbon has established itself as one of the continent’s leading and fastest-growing digital banks, with over a million users across the federation and operations in two African countries.

The co-founder and CEO of the firm, Chijioke Dozie said that: “At Carbon, we are very proud of what we have built, thanks to our customers and the humans at Carbon. When we look at the last 10 years and the future ahead, we want to focus more on our customer’s needs and ensure we are adapting to the market demands and changing the way Nigerians make payments”.

He explained that the company began operations in 2012 as One Credit, a brick-and-mortar consumer lender focused on the Nigerian market, the company then pivoted in 2016 to become a digital lender via its Paylater App and was focused on providing access to consumer credit services.

Dozie said: “With a refreshed intention to develop into a fully-functioning digital financial service platform that offers cost-effective bill payments, free fund transfers, and high yield savings and investments options in addition to loans, the company in 2019 rebranded itself as Carbon and was granted a microfinance banking license by the Central Bank of Nigeria

Also, a co-founder, Ngozi Dozie, added: “with our newly launched buy now pay later buy now pay later product “Carbon Zero” which gives you the flexibility to shop what you want, when you want, without breaking the bank at a 0 percent interest rate. As humans, time is our most valuable asset and by using Carbon Zero, our customers can be more flexible with their funds and improve their quality of life significantly.

“Carbon’s 10th anniversary is a testament to the fact that 10 years is remarkable for a Neo-bank. Carbon has been expanding possibilities not only for its clients and partners but also empowering employees all through its commendable journey”, he added.

 He also explained that the company started rewarding customers on Monday with free data vouchers, movie tickets, discounts in select stores, and cash rewards as part of its anniversary.

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