Nurture technology, an indigenous technology firm based in Lagos, has launched an online savings platform, Moneybag.ng.
Moneybag.ng is an online financial services platform that can be used by anyone regardless of age or profession with features such as savings, investments (“Baglocker” which helps you lock away funds for a set period with 9 to 13.5 percent per annum interest) and loans.
It also has a lifestyle feature known as “Cliquebag” designed to help friends save together.
According to the Chief Executive Officer of Nuture Technology, Mr Uchenna Okezie, “We are all cognisant of the current economic difficulties Nigerians face. That is why right from when we started developing Moneybag.ng, our goal has always been to add value to the savings culture of the Nigerian society as we noticed that a lot of people find it difficult to save money owing to numerous reasons”.
Some of the company’s partners are; Interswitch, GTbank, First Bank’s FBN General Insurance, Moneyline, Primera Micro-Finance and others.
A former Big Brother Nigeria 2018 Housemate, Omololu Somuyiwa was unveiled as Moneybag.ng’s brand ambassador during the product launch in Lagos.