According to statistics, only 33% of Nigerian women own bank accounts. This is a startling discovery. herconomy , Nigeria's first women-focused bank is tackling this issue head-on through their supercharged Fintech, saving -solutions 👉
According to Women’s World Banking, Nigeria has a significant and underbanked market, relying on a population consisting primarily of self-employed and economically active women with limited economic opportunities. Their research indicates a substantial gender gap in financial inclusion within the country, with only 35% of women and 55% of men having access to financial services.
The remarkable success of this inclusive tech startup represents a significant milestone in empowering women within the African financial sector. Herconomy, Nigeria’s first women-focused bank, surprised the tech ecosystem with its funding story last year. The company managed to raise $600,000 in funding to scale its SaaS product, offering women continued access to career opportunities and discounts from selected brands.
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