• Wednesday, July 24, 2024
businessday logo

BusinessDay

BaigeWallet launches app to promote financial planning, literacy

BaigeWallet launches app to promote financial planning, literacy

To promote financial literacy, drive wealth creation and enhance financial planning amongst Nigerians, Baige Technologies has launched its maiden super app to educate and make savings and investment plans accessible to everyone.

The app provides investors with the required flexibility to tie their savings and investment plans to a specific project or goal while earning competitive interest rates in the short and long term.

Users have the option of using several electronic payment channels such as USSD, bank transfers, or debit cards to make scheduled transfers into their BaigeWallet wallets to enable activation on any of the various savings and investments available to them on the platform.

“BaigeWallet is designed to enable users to have a distinctive experience while saving and investing, the mobile application interface is built to encourage a smooth and hassle-free procedure in setting up various product plans that are in line with their financial goals and objectives,” said Adetayo Opadiran, chief future officer, Baige Technologies.

“Also, it provides an avenue for educating and enlightening them about effective financial planning and wealth management strategies. We aim to ensure that users get real value and feel more confident in their capacity to improve wealth,” said Opadiran.

Read also: ‘Financial literacy breaks barriers, expose underserved to opportunities’

Users can download the application on their smartphones and kickstart their savings and investment journey on the app with as low as N2,000 minimum start amount.

Interests are paid monthly, and users can reinvest additional funds periodically in line with their cash flow and financial needs.

The invested funds are well secured using the highest level of internet security encryption, and are managed professionally by Fortitudinal Asset Managers, a SEC-regulated fund and portfolio manager. BaigeWallet is available on Playstore and Appstore for Android and IOS devices.