Raiz Founder – Segunfunmi-Oyedele
Raiz is set to transform the way Nigerians interact with banking services by introducing multi-currency accounts and leveraging advanced artificial intelligence technologies. This groundbreaking approach aims to make banking more accessible, efficient, and inclusive for individuals and businesses alike.
One of the standout features of Raiz is its Global Passport Account, which allows users to hold and transact in multiple currencies seamlessly. In a region where cross-border transactions are often slow and costly, this feature eliminates the need for extensive travel or cumbersome paperwork to open foreign currency accounts. Users can now open a USD account and send money to countries like Australia, Kenya, Ghana, Uganda, and the USA, significantly reducing delays and transaction costs associated with international money transfers.
Raiz is not just another digital bank; it integrates artificial intelligence (AI) to provide personalized and efficient financial solutions. The platform offers:
- Communal Savings (Ajo): By digitizing the traditional group savings method, Raiz uses AI to manage funds more securely and efficiently, fostering community savings without the risks associated with manual handling.
- Budgeting and Analytics Tools: Users have access to detailed spending reports and analytics, empowering them to make informed financial decisions and manage their budgets effectively.
- Accelerated Loans and Savings Programs: Raiz utilizes AI to expedite loan processing and encourage savings, providing quicker access to funds when needed.
“Raiz is here to change the way Africans bank by leveraging technology to break down financial barriers,” said Segunfunmi Oyedele, CEO of Raiz. “Our mission is to provide everyone with the tools they need to manage their finances more effectively, no matter where they are in the world. By offering multi-currency accounts and utilizing advanced AI, we’re creating a more inclusive and efficient banking system for all.”
According to Ada Ogbodo, Brand Strategist at Raiz, “Raiz distinguishes itself by being the only digital banking solution offering multi-currency accounts with multi-country remittance options specifically tailored for Africans.” This unique positioning not only sets Raiz apart from competitors but also addresses a significant gap in the market for accessible international banking services.
By providing access to advanced banking services, Raiz aims to bridge the financial inclusion gap in Nigeria. The platform caters to underserved populations, enabling them to participate fully in the digital economy. This commitment to inclusivity is expected to promote financial literacy, stimulate entrepreneurship, and contribute to the country’s economic growth.
Raiz is now available for download on both the Google Play Store and Apple App Store. Users can sign up by visiting the official website at www.raiz.app and following the straightforward registration process.
Stay connected with Raiz on social media by following @raizdigitalcompany and join the conversation using the hashtag #RaizRevolution. Be part of the movement that’s redefining digital banking in Nigeria.
