Sparkle has not launched to the public yet. But we will give you a brief vision of the company, and whether it’s up to the task.
Founded by Uzoma Dozie, the last Group Managing Director of Diamond Bank, Nigeria, Sparkle; promises to provide its customers with a typical current and savings account, help retailers manage their inventory and invoicing as well as foreign exchange services and a mobile POS function.
At the moment, the firm is bridging between retailers and consumers and will collect data on consumers’ needs to help bolster retail businesses in Nigeria.
Powered by AI and Machine Learning, Sparkle is building a dynamic community around Nigeria’s retailers and consumers, influencing purchasing decisions based on user-generated behavioral purchase data.
The platform will also help entrepreneurs register their companies, register for tax and register domains, as it looks to plug the gap in terms of business advisory and regulatory services for retail SMEs in the country.
According to Uzoma Dozie, Founder and CEO, Sparkle, “Having spent more than 20 years building out the retail arm of Diamond Bank, it is clear that there is a significant gap in the market to incubate and roll out a new approach to services for retailers, and at scale; they need a financial & business services partner, not another finance platform. This is where we stand out from all others. Sparkle is a collaboration between retailer and customer – a support system that will ensure far greater financial inclusion and much improved access to market, built for many, built to scale”.
Retailers, individuals and businesses need the space and bandwidth to be creative and to build their business; Sparkle aims to be a wrap around for what they are already doing and is levelling the playing field for all Nigerians, democratizing access and helping SMEs create their own luck.