Talentstone Finance

Banking / Financial Services

Talentstone Finance - Our client is a financial sector non-governmental body. It seeks to support increased access to financial services by making the market for financial services work better for the poor, and by improving regulation in Nigeria.

Background
Seven out of ten Nigerian adults are unbanked, and nearly half of the adult population is considered financially excluded. Some banking clients have to travel long distances to reach a branch, resulting in the travel cost sometimes being higher than the amount the client wanted to deposit on that day.

Digital Financial Services (DFS) has the potential to expand the delivery of basic financial services to the poor or underbanked through new technologies like mobile phones, computers, electronic money and new channels such as retail agents.

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