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‘FairMoney’ updates its mobile app with new features

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Home Tech News Africa Tech News

‘FairMoney’ updates its mobile app with new features

Staff Writer by Staff Writer
March 8, 2023
in Africa Tech News, Business, Business Strategy, Editors Pick, Entrepreneurship, Fintech, Innovation, Startups, Tech News, Technology
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‘FairMoney’ updates its mobile app with new features
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FairMoney, a digital bank in Nigeria that also offers instant loans, recently announced the release of an updated version of the homepage of its mobile app. 

The update is designed to offer customers an enhanced banking experience that is easier to navigate and more convenient. Users will have an easier time navigating the app thanks to the recent update, which includes various useful features and a completely redesigned home page User experience.

Money transfers, account funding, ATM card requests, and bill payments are now all as easy as tapping a button. In addition, users may see their total savings, loans, and account balances in one convenient location by clicking the “My Accounts” button in the header.

While remarking on the FairMoney app update, Head of Marketing and Branding, FairMoney, Nengi Akinola, said, “Our updated mobile banking app is a reflection of our dedication to offer and ensure improved and smooth banking to our consumers. We’ve made it our mission to simplify and streamline the banking experience for our customers while simultaneously increasing the service’s value.

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“The New features and improvements have made the updated FairMoney app a major step forward for digital banking by providing customers with more options and more control over their money. We are thrilled to release this updated app and to keep pushing the boundaries of digital banking in the years to come.”

New features rolled out with the update

The app’s homepage has been updated to put its most essential features front and center. Streamlined actions hitherto requiring many clicks may now be completed with a single touch on the home page, such as making a payment, requesting an ATM card, or transferring funds. Account balances, outstanding loan amounts, and savings may all be shown at a glance under the main banner for ease of use.

Both FairSave and FairLock can now be easily accessible from the bottom right of the screen, while the loan site has been streamlined to provide relevant information about active loans and provide choices to extend or top up existing loans. One of the new features of the FairMoney app is an alert bar that displays current promotions and serves as a constant reminder of the service’s many enticing price reductions.

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About FairMoney

With over 10 million downloads, FairMoney has become the most popular financial technology app in Nigeria and is also the leading digital lender in the country.  FairMoney long-term goal is to dominate the industry as the go-to financial institution for underserved customers in large developing regions. The company’s mobile app provides direct access to various digital financial services, such as almost instantaneous digital loans, investment products, savings, payments, and cards.

More than 10 million people in Nigeria have downloaded FairMoney, making it the most popular financial technology app in the country. Our long-term goal is to dominate developing economies as the go-to financial services provider for the unbanked masses. Financial services such as instantaneous digital loans, investment options, savings accounts, payment processing, and prepaid cards are only some of the digital services made available by this firm via its mobile app.

Tags: FairmoneyMobile Appnew features
Staff Writer

Staff Writer

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