Firm Unveils New Savings, Investment App

By Omolabake Fasogbon

Financial technology firm, Baige Technologies has established its footprint in the Nigerian market, first with the launch of the “BaigeWallet’ app.

According to the organisation, the new app is designed to enhance financial planning and literacy amongst Nigerians, while also powering wealth creation.

Chief Future Officer of Baige Technologies, Adetayo Opadiran explained that BaigeWallet, which boasts advanced security features would enable users to easily tie their savings and investment plans to a specific project or goal, while they earn interest rates in the short and long term.

He maintained that subscribers are privileged to several electronic payment channels such as USSD, bank transfers, or debit cards to effect scheduled transfers into their wallets and activate on choice savings and investments available on the platform.

He said, “BaigeWallet is designed to enable users have a distinctive experience while saving and investing. The mobile application interface is built to encourage a smooth and hassle-free procedure in setting up various product plans that are in line with user’s financial goals and objectives while also providing an avenue for educating and enlightening them about effective financial planning and wealth management strategies.

“We aim to ensure that users get real value and feel more confident in their capacity to improve wealth.’’  

He said users can download the application on their smartphones to begin their savings and investment journey with as low as N2,000 minimum start amount. 

“Interests are paid monthly, and users can reinvest additional funds periodically in line with their cash flow and financial needs,” Opadiran added.