Aposhashamura

Aposhashamura Finance Limited is a small company. According to the Central Bank of Nigeria definition of small companies; Small Companies are Start-ups, Innovators, Technology Companies and Young Nigerians that have great ideas. We are a FinTech company with huge vision & goals and keen interest in all key areas of impact of Financial Inclusion- Money Lending, Investments, Payments & Banking. A technology-based Finance Firm with unique innovative ideas, products & services. Aposhashamura belongs to the FinTech Industry & it is classified as Other Financial Institution (OFI), a sub-sector of the Financial Services Segment of the Nigerian economy.

Nigeria has seen remarkable growth in the technological sector, including an exponential growth in FinTech companies, encompassing start-ups and more established businesses. The Nigerian Government has been inquiring into the Financial Services Sector and focusing on FinTech as one of the key impetus for growth in the Nigerian Financial Services Industry. The FinTech Loan Service Market is a fast-growing Market. The value of potentially reachable market is relatively large. The total Internet subscribers in Nigeria as at September 2019 is about 122.79 million. Interestingly, Investors continue to demonstrate confidence in Nigerian startups as the total Nigeria Startup Funding in 2018 amounts to US $178,440,980, which was a 56% increase compared to investments in 2017 which stood at US$115,000,000. Records show that 58% of those funds were received by FinTech start-ups in 2018 amounting to US $103,410,795.

The principle of financial inclusion has assumed greater level of importance in recent times due to its perceived importance as a driver of economic growth. Achieving pervasive financial inclusion has remained a global challenge with as much as 54.0% of adults worldwide are being financially excluded. Enhancing Financial Innovation & Access (EFInA) is a financial sector development organization that promotes financial inclusion in Nigeria. The 2018 EFInA Access to Financial Services survey findings reveal that with a population of over 190 million people in Nigeria, 73.2 million, which is 36.8% of adult Nigerians are financially excluded. Financial inclusion has therefore become an explicit strategy for accelerated economic growth and it is critical for achieving inclusive growth in a country. The realization, in the recent past, was the major impetus for the adoption of policies and measures aimed at growing global financial inclusion as a means of promoting world economic prosperity. In 2012, the CBN launched the Nigerian National Financial Inclusion Strategy (NFIS) and set the target to reduce the percentage of adult Nigerians excluded from access to financial services from 46.3% in 2010 to 20% in 2020. Under the new policies of financial inclusion, excluded Nigerian adults can now be included in Money Lending, Investment, Payments & Banking.

Whether you need to Borrow, or you have some free cash to Lend to make some gains, or you have Investment goals, or you need to Save for the rainy day, all on a single platform.