Since the aftermath of the cashless policy, Nigerians have had terrible experiences with their banking transactions made through their mobile apps and debit cards. More often, one would have to say a prayer before initiating a transaction in hopes that the transactions would be successful. Many Nigerians have been stranded, delayed and embarrassed with multiple banking applications. If the transaction is unsuccessful, immediate and automated cancellations are expected. Sofri (powered by Links Microfinance Bank) is one of the few mobile banking apps that have made customers happy and hopeful in cashless Nigeria.
In a recent poll conducted by TechCabal on its Twitter page, the pan-African tech media platform asked its audience to identify that the Nigerian payments app has been their savior in this cashless era.
In the answers to the question, more people tagged and mentioned Nigerian digital mobile application – Sofri. This beautifully designed yet simple application is a fast riser in the Nigerian fintech space and definitely one of the digital applications to watch out for in 2023. No wonder they received the award for Best Emerging Neobank in West Africa. That was in 2021 in Nairobi, Kenya
Sofri users highlighted the speed of payment transactions as an important criterion for them. Speed and security of transfers and other forms of payment are major concerns for most Nigerians during this time. At a time when most banking apps experience countless downtimes, Sofri makes its customers smile and banking.
Sofri is a member of the diversified finance group DLM Capital Group. Launched in April 2022 with the aim of revolutionizing mobile banking in Nigeria, the brand is attempting to do so with a one-stop-shop approach to banking. Through the Sofri mobile app, customers can use Sofortüberweisung, pay bills, pay for electricity, airtime and data, etc. Available in both Android and IOS app stores, the Sofri app is all you need to make the switch to a fully cashless banking experience.
Also, to cushion the harsh impact of the cash swap and cashless policy, the bank plans to run a promotion where it will distribute N10,000 10,000 daily to 100 new account users from 27 February 2023. Also, to alleviate poverty and reduce unemployment, the bank has launched a social impact program to engage thousands of youth across the country; offers the opportunity to earn up to N50,000 monthly. The program starts in Lagos as it intends to spread very quickly across the different states in Nigeria. Sofri they change Naija gently oo!
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