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You are here: Home / Reviews / Supply Smart, A Super Agent in Nigeria Looks to Empower the Unbanked and Underserved with Financial Services

Supply Smart, A Super Agent in Nigeria Looks to Empower the Unbanked and Underserved with Financial Services

February 1, 2023 by Get Insurance Today

Supply Smart, a Super Agent in Nigeria, is committed to empowering Nigerians with Agency Banking services. The company looks to unlock access to financial services for the unbanked population in Nigeria and provide them with opportunities to Transfer, Withdrawal, and make Payments. Since one of the biggest hurdles to the underbanked is Trust. Supply Smart’s Agents (Trust Anchors) are last-mile Trusted Channels to the unbanked and underserved.

As a Super Agent, Supply Smart operates as a FinTech platform unlocking access to Financial Services allowing the unbanked in remote areas of the country to be more confident with conventional financial services. 

The company’s commitment to empowering Nigerians with access to Agency Banking technology services has earned them recognition from the Central Bank of Nigeria (CBN), the primary regulatory authority for the banking and financial services sector in Nigeria. They recently received Approval in Principle (AIP) from the CBN for a Super Agent License, which portrays the company’s Credibility and Trustworthiness to serve its customers efficiently.

Through its partnership with its Trust Anchors, Supply Smart has reached the unbanked population and provided them with access to financial services such as Transfers, Bill Payments, and Withdrawals. The Trust Anchors use Supply Smart’s devices to enable transactions and provide financial services to their customers. 

Supply Smart’s focus on empowering Nigerians with Agency banking services is a step towards financial inclusion in Nigeria. 

With the AIP from the CBN, Supply Smart is well-positioned to expand its operations and provide more financial services to Nigerians, empower Nigerians with financial service access, and improve financial inclusion.

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