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Aella launches free transfers system in Nigeria

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Home Tech News Africa Tech News

Aella launches free transfers system in Nigeria

Felicia Akindurodoye by Felicia Akindurodoye
September 5, 2023
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Aella launches free transfers system in Nigeria
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Aella, a company that provides credit and financial solutions in Nigeria, has put in measures that would ensure its customers now have access to free transfers.  The monetary stress that its customers are under will hopefully be alleviated as a result of this programme. 

Users of Aella will, beginning September 1st, continue to have access to low-interest loans, and they will also be able to take advantage of free transfers after completing four paid transactions in a given month.

Aella is happy to announce this effort as a reaction to the ever-evolving issues in the current economic climate. Recognising the different financial needs of its user base, Aella is proud to launch this programme. This pioneering action not only guarantees that important financial services are easy to obtain, but it also highlights Aella’s mission to encouraging financial inclusion for all Nigerians.

Aella’s goal with this effort is to empower its customers by giving concrete solutions that directly address the issues that they are facing. Empathy serves as the driving force behind this programme. The free transfer offer not only alleviates financial concerns, but it also demonstrates Aella’s dedication to standing by its consumers during both good times and difficult times.

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Read also: Cellulant Partners with Orange Money To Power Wallet Transfers For Botswana Banks

Why Aella took this step

Aella is aware of the significance of keeping one’s financial dealings as straightforward as possible. This new function can be integrated into the app in a way that is completely seamless, making it possible for customers to effortlessly keep track of their paid transactions and enjoy making free transfers without any fuss.

In a time when maintaining one’s financial stability is of the utmost importance, Aella’s initiative extends beyond only conducting transactions. It is a tribute to the company’s philosophy of actively contributing to the financial well-being of its consumers, allowing them to save more money, invest better, and plan for their futures.

Even as Aella moves forward with its mission to encourage financial self-sufficiency, the company remains dedicated to innovation that improves people’s lives. The company is continuing its efforts to create a future in which everyone will have the opportunity to achieve financial freedom by making it possible to receive a free transfer after completing four paid transactions in a given month.

Akin Jones and Wale Akanbi are credited with initiating the launch of Aella in the year 2015. A number of the most successful venture capital firms in the United States, including Y Combinator, 500 Global, Zeno Ventures, and Gluwa Capital, have invested in the wallet. The goal of the company is to promote financial inclusion in developing countries by streamlining and expanding access to various financial services. 

Kuda removes 25 free monthly transfers for “SoftPOS” commercial accounts

Previous actions taken

The previous year, Aella launched a brand-new daily interest campaign that will result in the company’s clients receiving compensation for doing nothing more than conducting their typical business on the App. 

The new service can only be accessed by downloading the app, and it awards daily interest to users for any funds that are stored in their Aella wallets. The Wallet is an electronic wallet that enables clients to save value through the use of the App, which can then be used to carry out any financial activities while simultaneously receiving discounts and prizes.

Customers are rewarded with daily interest payments and are given the option to cash out their earnings at the conclusion of each calendar month. The accumulation of interest revenues places the Wallet in the position of being the first product of its kind available on the market.

Tags: Aellafree transfers systemNigeria
Felicia Akindurodoye

Felicia Akindurodoye

Felicia Akindurodoye is an experienced writer and researcher, whose watchword is originality.

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