Purple Money
Curated by SignalNiche neobank offering tailored loans and savings products in Nigeria.
Overview
Purple Money is a neobank operating in Nigeria that specializes in offering financial services tailored to individuals and businesses. It is a fully licensed microfinance bank that seeks to address the issue of limited access to financial services in the region. The company provides various interest-bearing products, and customer deposits are insured by the Nigerian Deposit Insurance Corporation, which adds a layer of security for customers. The services are accessible through a mobile app, which is designed to facilitate user access. Purple Money focuses on developing solutions that cater to the diverse financial needs of its target audience.
Key facts
- Founded
- 2014
- Headquarters
- Lagos, Nigeria
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Banks
Tags
Business model
- GTM channel
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- 3 products and services
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Contact
- Primary office
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- Phone
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