January 20, 2021 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]

Banner
Related Posts

Nigeria’s Paga Acquires Apposit

February 1, 2020

February 1, 2020

Paga is a multi-channel platform for users to transfer money, pay-bills, and buy things digitally. The company has 14 million...

Paga, Nigeria’s Mobile Money Operator Crosses 1.5 Trillion Naira in Transaction

August 12, 2019

August 12, 2019 1

Paga, Nigeria’s Mobile Money Operator Crosses 1.5 Trillion Naira in Transaction Value Earlier today, the CEO of Paga, Nigeria’s foremost...

Visa partners with PalmPay to drive financial inclusion across Africa

April 26, 2019

April 26, 2019

Visa partners with PalmPay to drive financial inclusion across Africa Visa, the global payments technology company and PalmPay, a new...

Eyowo Launches a Retail Banking Tool

December 2, 2019

December 2, 2019

Eyowo, a digital bank, with the  aim  to encourage financial inclusion among every Nigerian by making banking as easy as...

Ghana Launch a Contactless Payment System Curb the Spread of COVID

March 30, 2020

March 30, 2020

  The Vice President of Ghana, Dr. Mahamudu Bawumia has launched a contactless payment system to encourage the adoption of...

PayPal Becomes the First Foreign Company to Secure Chinese Payments License

November 27, 2019

November 27, 2019

  Paypal earns a Chinese Payment License after it gains a 70% stake in Guofbao Information Technology Co (Go Pay)....

Remitly Partner with Xpress Money to Expand Cross-border Money Services

December 2, 2019

December 2, 2019

Remitly is an online remittance service which allows users to transfer money from United states to Nigeria , while Xpress...

Top 10 Interesting facts about Interswitch Nigeria

April 11, 2019

April 11, 2019 1

Top 10 Interesting facts about Interswitch Nigeria Today many payment processing companies exist, but Interswitch Nigeria has made an incredible...

PalmPay raises $40m from TECNO mobile, will be preinstalled on 20m phones in 2020

November 14, 2019

November 14, 2019

PalmPay raises $40m from TECNO mobile, will be preinstalled on 20m phones in 2020 Nigeria is one of the countries...

MOMO, the mobile money service, launched by MTN

September 5, 2019

September 5, 2019 2

On September 29th, 2019, MTN launched its mobile money business MoMo, in Hilton Abuja, Nigeria. The mobile money will allow...

ZaZu Launches MasterCard Prepaid Cards Linked to Mobile Wallet

December 11, 2019

December 11, 2019

Zazu, a  Zambian Fintech startup Zazu has partnered with Mastercard  to issue prepaid cards linked  to its mobile wallet. Zazu...

Carbon Plans to Launch a Micro Insurance and Digital Wallet in Kenya

October 24, 2019

October 24, 2019

  Carbon is a Nigerian instant loan, investment, and payment   digital service,  planning to launch new operations  in Kenya.   In...

MTN Mobile Money Wallet Users Can Transfer through Western Union Directly

November 1, 2019

November 1, 2019

Cross-border transfer has been made easy with the new launch of western union on MTN mobile money wallet.  In this...

Paga partners with FlutterWave, to Integrate International Payments

March 18, 2020

March 18, 2020

Paga is a Nigerian Fintech Company, that builds solutions to make it simple for consumers and businesses to access and...

 FlutterWave:  Creating Financial Accessibility With Digital Payment Solutions

September 27, 2019

September 27, 2019

Introduction:  Sometimes, I feel the technology is  man’s coolest invention. Digital bank is the newest rave of the now, which...

Comments
Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.