In 2024, while traditional banks struggle to adapt to the digital age, innovative players like Revolut have succeeded, capturing millions of users by making giving back to their customers their most important feature; and this is why they have grown to where they are today.

For this new discovered digital bank, their countless strategy for cashbacks speaks deeply to their customer centric approach and understanding of the Nigerian pain point.

Nigeria has witnessed a significant increase in the number of Fintech platforms over the years. With over 100 Fintech companies in Nigeria engaging in a broad range of product offerings spanning from payment solutions to online banking and investments. Some of these companies offer seemingly amazing features and others with not so impressive features.

This new yet to be launched Fintech App, which offers impressive features, is a game changer for users. It gives users the opportunity to earn cash back on almost all payments.

It also has an inbuilt E-commerce platform, so users can shop till they drop without leaving the app. Airtime top-up, bill payments and even buying that new phone you've been eyeing, can all be done right there on the App.

I personally can't wait for this app to launch, its amazing and very relatable. With everything going on in the country today, innovative apps like this is what we need. If I am spending my money, I should be earning some more too.

You can join their waiting list by clicking the link on their Instagram bio @motopayng

Source; https://yinksmedia.com/motopay-is-this-the-future-of-nigerian-fintech-app/

How many fintechs exist in this Nigeria and how many are actually functional?