By Dipo Olowookere
Zedvance Finance Limited’s mobile lending app, MoneyPal, has been reintroduced with some modifications aimed at making loans accessible to millions of Nigerians in a quick and convenient manner.
The new mobile app comes with a redesigned user interface, simplified application process and access to more nano loans. It’s part of an effort to redefine the app as a lifestyle product.
Managing Director of Zedvance Finance Limited, Mr. Ever Obi, revealed in a statement that the upgraded MoneyPal app comes with exciting new features that would deliver a top-notch and seamless digital lending experience to its existing and potential customers. .
“Zedvance Finance has always been at the forefront of providing the best financial solutions to its clients; we are very excited to relaunch the MoneyPal app to also serve millions of salaried and non-salaried workers in Nigeria.
“MoneyPal has been redesigned in response to extensive consumer feedback and changing user trends, with an emphasis on simplicity, security, availability and speed.
“We upgraded the mobile app to meet our consumer financial lifestyle as a customer-centric business. That’s why we’re rolling out the new app with the #MadeForMore campaign,” he said. he said, adding that the company intends to serve one million new users through the mobile app and other digital channels.
Meanwhile, Mr. Lukmon Oloyede, Head of Product Marketing and Brand Communications of the company, said that with the new app, new and existing customers can now get up to 100,000 nanoloans within minutes on the Internet. ‘application.
According to him, this is accessible to both non-employees and employees between the ages of 18 and 55 with an active bank account, BVN, email and phone number.
He also said that MoneyPal comes with a biometric login option to further secure the user account, with in-app notifications allowing users to stay more connected with timely product updates.
Mr. Oloyede also said that the user can now check their credit history and learn more about their loans through the updated app as new and existing customers can now repay their nano loans within 15 days. 90 days, depending on the selected loan amount.
He assured that the app is fully compliant with the Central Bank of Nigeria (CBN) data privacy regulations while all users can now enjoy more benefits by referring their friends.
The brand expert described the referral program as a points-based system, where more points would be earned for referring more people. The points, he said, can be redeemed for an item in the company’s gift shop once the maximum number of redeemable points is reached.
Besides this feature, users can repay loans instantly through a unique and personalized account number created for each user on the MoneyPal app. The virtual account number can be found on the dashboard of the homepage.
“We will continue to develop our digital proposition even further over the coming months – exceeding our customers’ expectations while enhancing our customer experience,” Oloyede added, hinting that the company will announce a service data code loan. Unstructured Supplementary Data (USSD). options and asset financing service (Buy Now, Pay Later) this year.
He advised Nigerians to download the MoneyPal app for free from App Store (iOS) and Android Play Store and apply for instant cash.