Opening the branch, founder and lead investor of RenMoney, Stephen Jennings reaffirmed the company’s vision for consumer finance in Nigeria “There is massive opportunity in Nigeria, and this branch opening is testament to RenMoney’s commitment to developing the Nigerian consumer finance market further” he said.
With
its head office at89 Awolowo Road,Ikoyi, RenMoney has expanded rapidly in Lagos
State. The company currently holds a State microfinance banking license but will
be seeking a nationwidelicense in the next 12 months.
According
to RenMoney’s CEO Graham Lee, the increasing demand and clear needs of
customers have been behind the expansion and there would be further branches opening
in the near future. “RenMoney’s mission is to lead profitable financial
inclusion through simple money solutions that are easy to use, transparent and
accessible, delivered with integrity and respect.”
The
branch opening was attended by dignitaries from the Nigeria Deposit Insurance Corporation.
RenMoney
also hosted its investors to an intimate cocktail for its business partners the
previous day at The George, Ikoyi. The evening terrace event was an opportunity
for Stephen Jennings, RotimiOyekanmi and Graham Lee to share ideas and the
company’s vision for the future.
About
RenMoney MFB
RenMoney
serves a fast growing customer base of over 15,000 people in Lagos and has one
of the strongest and well-tailored portfolios of products and services aimed at
providing Simple Money Solutions to Nigerians. Their services include Unsecured
Loans, Fixed Deposits and Target Savings. Please visit www.renmoneyng.com for the
latest news and in-depth information about RenMoney and its products or follow
us on Facebook (www.facebook.com/renmoneyng), Twitter (www.twitter.com/renmoneyng) and
LinkedIn (www.linkedin.com/renmoneyng
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