July 12, 2020 All Things Fintech in Africa

Hollaport Launches in Lagos, Announces its Plan to Deepen Financial Inclusion

Kabiru Rabiu of BUA Group Launches Hollaport App

Kabiru Rabiu, Group Executive Director of Bua Group, a leading Nigerian conglomerate held the soft launch of Hollaport, payment and messaging mobile application he founded on Saturday, July 6th at the Tech Park Zone, Gbagada, Lagos.

At an event attended by the Nigerian technology players, the media and friends & family, the founder of Hollaport explained that the journey of the App started about 2 years ago and was borne of the need to ease the transaction and increase financial inclusion in Nigeria. He went on to explain that Hollaport will evolve into an expanded platform with added features that will make it exciting and extremely convenient to transfer money and make payments not only in Nigeria but throughout the African continent.

Hollaport is a multi-layered messaging and financial technology platform on which people can send and receive money using their phone contacts. Other features on the App include airtime top-up; cable, electricity and data subscription; and paycode – a technology that enables recipient withdraws cash from an ATM without the need to have a card or bank account.

Financial Inclusion is a major issue in Nigeria, with over half of the adult population being unbanked and only a fraction of the banked using technology in their processes. Seeing this disconnect, Hollaport Technologies aims to reduce the learning curve associated with mobile applications and has taken time to develop a lifestyle tool that can fit in all areas of life, while maintaining ease-of-use.

“The question has never been one of when, but of how– and this is the gap we intend to fill in the Nigerian market,” said Micheal Olowojesiku, Hollaport’s General Manager.

Despite the simple user-interface, Hollaport is packed with features such as media functionalities where you can send photos, videos, and documents. Users can request or send money within the chat area for a seamless experience and can also pay bills, utilities and make subscriptions.

Over 85% of Nigerian adults own a mobile device, 103 million have active internet subscriptions, and a large percentage of this data size have a presence on social media. Hollaport aggregates instant messaging features with financial technology to ensure the app is as relevant as it is functional.

Hollaport is available on both the Google Playstore and the iOS Appstore, and can also be downloaded at www.hollaport.net/downloads

To learn more about Hollaport, please visit www.hollaport.net or send an email to [email protected]

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