Wapia Financial Services Limited, a leading fintech company and innovator in financial inclusion, today announced the official launch of its new digital financial platform designed to expand affordable and accessible financial services to low-income earners across Nigeria.
The launch marks a significant milestone in the company’s commitment to bridging the financial inclusion gap and empowering under-served communities.
Developed in strategic collaboration with Insolify, a global fintech technology provider known for its modular core banking and AI-enabled financial infrastructure solutions, the new platform is tailored to meet the unique needs of informal sector workers, micro-entrepreneurs, and individuals with limited access to traditional banking services.
The platform leverages Insolify’s advanced core banking technology — including scalable account management, real-time transaction processing, and digital wallet capabilities — to deliver secure and user-centric financial tools through mobile and web channels. This collaboration is expected to enhance financial accessibility for millions of potential users across urban and rural regions.
“We are excited to unveil this transformative platform,” said a top executive of Wapia Financial Services Limited.
“Our focus has always been on inclusive financial innovation that creates real economic opportunities. By integrating Insolify’s cutting-edge fintech infrastructure, we can now deliver tailored financial services — including savings, payments, and micro-credit — to people who have historically been under-served by formal banking systems,” he further said.
Key features of the platform include:
Digital Wallet and Payments: Enabling users to send, receive, and manage money with low transaction fees.
Savings and Micro-credit Products: Affordable savings plans and small-ticket loans designed for daily earners.
Financial Literacy Tools: Integrated education modules to help users make informed financial decisions.
“From my understanding of the industry players so far, I dare say that Insolify’s mission has always centered on enabling inclusive finance through scalable technology,” said Paul Fakayejo, a fintech analyst.
“Many of us in the tech industry know the trajectory and achievements of Insolify. We are proud of this partnership Wapia Financial Services Limited is going into with Insolify to bring this financial inclusion platform to life. Together, I believe they will be able to unlock new financial access points for individuals at the base of the economic pyramid,” the fintech analyst said.
The launch is expected to have a strong impact in expanding financial participation, reducing reliance on informal money lenders, and enhancing economic resilience for under-served populations across Nigeria.
About Wapia Financial Services Limited:
Wapia Financial Services Limited is a Nigeria-based financial services provider committed to expanding access to affordable financial solutions for individuals and businesses. The company focuses on leveraging technology to create innovative products that cater to the evolving needs of financially excluded communities.
