Nigeria’s mobile money company, Paga and Wealth.ng, a growing investment marketplace, announced strategic partnership to foster access to investment opportunities by leveraging Wealth.ng’s investment platform.
According to the statement, the partnership would combine Paga’s innovative payments platform and Wealth.ng’s team of knowledgeable money experts to offer Paga customers a sustainable service for managing their investment portfolios. Through this, Paga users would be able to build alternative investments in Fixed Income, Stocks, Savings, Agriculture, Real Estate, funds, and more. These portfolios are available to investors and intending via the Wealth.ng investment marketplace on Paga.
Commenting on the partnership; General Manager, Online and Mobile, Paga, Folakemi Falodun said: “Paga was founded on the simple belief that digital technology can be leveraged in building an ecosystem that enables people to digitally send and receive money and offer simple financial access for everyone.
Falodun further explained that,“We aim to accomplish our purpose by launching our services in various emerging markets and partnering with relevant financial institutions to deliver our services.”
Also commenting, the Senior Vice President Digital Products, Wealth.ng, Kayode Kalejaiye, said that, “Everyone deserves a shot at success, regardless of their background or current social status. But not many understand how to build sustainable wealth. People know how to work for money but do not know how to make their money work for them. This is the very reason Wealth.ng was created; to help bridge that knowledge gap and put real Wealth in the hands of as many people as possible.”