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Wari to Deepen African Banking Services, Launches in Nigeria

peter oluka

Wari, an innovative platform offering easy-to-use mobile, web and card solutions for organizations (institutional, commercial and financial) and customers in Africa and around the world across our global network has launched its services in Nigeria.

This announcement came after it received a license from the Central Bank of Nigeria. With this license granted, Wari users can perform several transactions, which include Domestic, and international remittances, Electricity bill payments, TV bill payments and Airtime top-up.

With more than 45,000 points around the world, operating in over 40 countries, performing above 700,000 transactions per day, Wari is also set to change the face of banking services in Africa.

“The Wari digital platform is designed to accept even more merchants and financial partners in Nigeria and allow them to access the largest customer network not only in Nigeria but in Africa and the rest of the World,” said Kabirou Mbodje, Wari Group CEO.

Wari has signed partnerships in Nigeria with the United Bank of Africa (UBA), Union Bank Of Nigeria (UBN) and Ecobank.

Currently, less than 40percent of the African market has access to basic banking services, but that is likely to change with the launch of Wari. Its business model is likely to help the number increase to 70 percent.

Wari is a new generation of innovative platform for financial and non-financial service transactions for Africa and the world.

“We are thrilled by Nigeria’s huge potential and by the opportunity for an African-born Group to partner with Nigerian institutions to offer easy, fast, secure and affordable services tailored to the Nigerian user’s needs,” said Kabirou.