Since the emergence of fintech in Nigeria, the industry has been a force to reckon with, as it has challenged the status quo of traditional financial services through technological innovation, and traditional banks have since embraced this innovation by adopting the mobile banking system, while fintech startups indulge in virtual card payments and digital currencies.
With the Nigerian fintech industry’s estimated revenue pegged at about $560 million in 2023, Nigerian fintech start-up Dole is expected to take the industry by storm by reducing the hassles of transaction processing of the average Nigerian.
Dole is a financial one-stop shop for payment and other financial transactions. The platform like other digital banking platforms provides the option for bill payment, wallets, savings alongside other exciting features. The arrival of Dole to Nigeria will change the narrative of the typical way of financial transactions, by improving the peer-to-peer system.
With Dole, the process of receiving and sending money has been simplified to the barest minimum and all you need is the phone number of the beneficiary. Thereby negating the need for the regular account number. Without excuses of the unreliable network from the beneficiary’s regular bank, Dole ensures that with your phone number acting as your personal account number, you can send and receive money from any part of the world.
What’s more exciting is the use of virtual dollar cards. Users of the Dole app can have access to their own virtual dollar cards, as it serves as a direct replacement for the usual debit card. Even more amazing, the cards reduce the struggle of using a debit card to make online purchases with more freedom and convenience.
Moreso, the Dole virtual dollar card is backed by the US Dollar, with users now having access to shop from anywhere in the world without stress. The daily limit to spending your money is much more favorable and way better than the regular debit cards. Users of the app can be assured that their Dole virtual dollar cards are secured as they cannot be stolen or cloned.
Interestingly, Dole App provides opportunities for payday and low-interest loans. The brand understands that emergencies can happen at any time and users of the app might be pressed for cash and may need payday loans. Unlike the traditional banking system, one does not need collateral and guarantors to receive their loans as it is easy, fast and interest-friendly.
As individuals struggle to find payday loans, Dole saves users the trouble of searching for other platforms, because the brand provides the opportunity for users to make bill payments, send and receive money with ease, shop using the Dole virtual dollar cards, and also take low-interest loans in one app, making it the complete financial app.
For more information, visit www.dole.app.