Minister of Communication, Innovation and Digital Economy Bosun Tijani has welcomed the launch of the Kayi app aimed at giving Africans the tools to take control of their financial future.
The minister, while speaking at the official launch of the app in Abuja, said it would create financial inclusion as desired by the Tinubu administration.
The Kayi app is a secure and innovative pan-African digital payment platform.
The app was born out of the vision to revolutionize the financial services landscape in Africa to meet the need for accessible, secure and customer-centric financial services, catering to the unique needs of Nigerians and Africans in general.
Today, it is launched in Nigeria to accelerate access to financial inclusion for individuals and businesses in the country and beyond; through secure, transparent and hassle-free transactions.
This is an achievement, according to the Minister of Communications, Innovation and Digital Economy, which will help lift many Nigerians out of poverty.
The project promoter calls for investment in the application which he says has the capacity to create jobs and improve the lives of many people, especially those in rural areas.
The Kayi App Product Manager, for his part, believes that the African fintech market is rife with market opportunities and its introduction at this time has positioned the Kayi App to make a significant impact.
Kayi App is set to demonstrate its strength in providing core services and solutions such as instant digital payments for individuals and businesses, as well as financial inclusion and social banking for people living in areas rural and semi-urban.
This will also have a positive impact on blockchain-enabled cross-border trade for exporters and importers across Africa; and remittances and investments for Nigerians and Africans in the diaspora.