Formed in 2019, Infibranches began life as a financial services company focused on boosting financial access in rural and peri-urban areas in Nigeria, and in doing so struck upon an important correlation.
“In the process, we realised that most people who lacked access to financial services also lacked access to energy, so we decided to create solutions for both,” CEO Olusola Owoyemi told Disrupt Africa.
The startup’s flagship product, Omnibranches, was built to aid agents that cater to last-mile service delivery, thus creating access on behalf of service providers in unserved and under-served communities. It is especially focused on the renewable energy sector, where it has aggregated around 50 solar home system companies and mini-grids, thereby extending their services to the millions of Nigerians that are off-grid while also enabling access to financial services.
“We partner with other network providers to layer this service on their network so they can offer them to their customers as well, giving us a wider reach,” Owoyemi said.
*The views of the above article are those of the author and do not necessarily reflect the views of Africa Speaks 4 Africa or its editorial team.