Paga, Nigeria’s foremost mobile money company and Wealth.ng a growing investment marketplace, have entered into partnership to foster access to investment opportunities by leveraging Wealth.ng’s simplified investment platform.
This partnership will combine Paga’s innovative payments platform and Wealth. ng’s team of knowledgeable money experts to offer Paga customers a sustainable service for managing investment portfolios. Through this, Paga users can build alternative investments in Fixed Income, Stocks, Savings, Agriculture,
Real Estate, funds, and more. These portfolios are available to investors and intending via the Wealth.ng investment marketplace on Paga, according to the officials.
Speaking on the benefits of this collaboration; General Manager, Online and Mobile, Paga, Folakemi Falodun in a statement said; “Paga was founded on the simple belief that digital technology can be leveraged in building an ecosystem that enables people to digitally send and receive money and offer simple financial access for everyone. We aim to accomplish our purpose by launching our services in various emerging markets and partnering with relevant financial institutions to deliver our services”.
On the goal of building an all- in- one investment solution, Kayode Kalejaiye, Senior Vice President Digital Products, Wealth.ng expatiated; “Everyone deserves a shot at success, regardless of their background or current social status. But not many understand how to build sustainable wealth. People know how to work for money but do not know how to make their money work for them. This is the very reason Wealth.ng was created; to help bridge that knowledge gap and put real Wealth in the hands of as many people as possible”.
Paga’s mission is hinged on making it simple for one billion people to access and use money. Since it was founded in 2009, the company has played a key role in driving financial inclusion across Nigeria, through its online and Agent network channels. This partnership with Wealth.ng is a step in providing financial services to the banked and under-banked.