Quick Takes

Renmoney Wins Fintech Award

Renmoneyhasdisclosedthatitrecentlywontheawardfor‘Innovation in Lending’ at the 2019 edition of the Nigerian Fintech Awards. The award ceremony held in Lagos.The theme of the 2019 edition of the Lagos FintechWeek was ‘Fintech: Exploring the Huge Opportunities’. The event featured various panel sessions with big players in the Nigerian fintech space. Renmoney’s CEO, Oluwatobi Boshoro, who was on the Lendtech Leaders Panel at the conference said: “The award is an affirmation of Renmoney’s efforts to continuously seek innovativewaysofservingitscustomers.OneofRenmoney’svaluesis innovationandthatiswhyweleverageontechnologyincreativeways to ensure we continually meet the expectations of our customers. “This award is a testament to the creative and innovative work that everyone on the Renmoney team is doing to ensure that our customers are well served.” Also, Renmoney’s Chief Decision Scientist, Dumebi Okwechime, was also present at the conference as the moderator for the ‘Big Data’ panel session. The panelists explored how big data can play an essential role in the evolution of fintech. Renmoney is a fintech lending company operating under a microfinance banking license in Lagos, Nigeria. The company provides loans to individuals and small businesses via its website, contact centre, agent network and branches. Renmoney also offers market leading rates on Fixed Deposits and Savings accounts and is regulated by the CBN and insured by the NDIC.