Monday, April 12, 2021
TechMoran
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Classifieds
No Result
View All Result
TechMoran
">
Home Startups

Sparkle launches Sparkle for Business to Power Nigeria’s SMEs 

Sam Wakoba by Sam Wakoba
6 days ago
in Startups
10 min read
0

Sparkle, a mobile-first digital ecosystem providing financial, lifestyle and business support services to Nigerians across the globe, has launched Sparkle Business, a new set of features to help power small businesses and SMEs.

Sparkle Business comes with an inventory and invoice management feature, a payment gateway,  tax advisory or calculations and a payroll/ employee management feature to help SMEs run their businesses with ease at the touch of a button.

According to Uzoma Dozie, Founder and CEO of Sparkle, “SMEs are the largest employer of labour in Nigeria but are lacking access to basic services that will help their businesses. We have introduced Sparkle Business as a one-stop-shop, to help individuals to launch their businesses digitally, while meeting existing SMEs’ pain points, and allowing them to pivot to the next level of success.”

Launched last year with a banking license from the Central Bank of Nigeria (CBN), Sparkle offers flexible payments, savings and analytics to users to provide greater freedom, flexibility and control over finances and lifestyle once and for all. The platform gives users visibility over spending patterns, with a detailed breakdown of payments by category. It also allows users the ability to split payments and bills, make utilities and bill payments, as well as send and receive money to other users and with other local banks.

Recently, Sparkle partnered with Network International to launch its new virtual and plastic debit cards targeted at SMEs and upwardly mobile, unbanked consumers across Nigeria. The cards will enable Sparkle customers to make in-app purchases as well as pay for e-commerce and m-commerce transactions.

READ  Andela opens doors to developers in Uganda

Apart from Network International, Sparkle also works with Visa to provide Visa cards to its users across Nigeria. The deal with Visa gives Sparkle customers the ability to make in-app payments with the embedded Visa virtual card as well as make eCom / mCom payments with their Visa virtual card and with Visa-branded companion plastic cards attached to their profile.

Since its launch in 2020, Sparkle has grown a community built on trust and transparency, helping thousands to experience a new, easy, stress-free approach to organising their finances. In Nigeria, SMEs contribute 48% of national GDP, account for 96% of businesses and 84% of employment, however they often face challenges with making strategic decisions due to lack of data for key insights into important issues that affect their business. Sparkle Business will bring all essential business transactions onto one safe and simple to use the platform to support Nigeria’s millions of SMEs as they scale.

Related posts

Nigeria’s Appzone raises $10mn to build out a financial operating system for Africa  

April 12, 2021
0
Efayomi

The fintech-focused VC space in Africa is fairly small, here is how Flourish Ventures is changing that

April 12, 2021
0

EnableMe, a social network for people with disabilities launches in Kenya

April 12, 2021
0

Ampersand raises $3.5m to rapidly scale its electric motorcycle & swap station network in Rwanda

April 9, 2021
0

Selina Wamucii sources all Africa’s produce in one platform.

April 9, 2021
0

Totohealth has implemented innovative technologies that reduce the maternal and child mortality rates in Kenya.

April 8, 2021
0

Sparkle Business is live now and can be accessed by current users who have registered businesses in Nigeria. To register, individuals will need to have a personal Sparkle account, Tax Identification Number [TIN], and an email address connected to their TIN.

READ  PayJoy & Baobab+ partner to democratize access to smartphones in Senegal, Ivory Coast & Madagascar

Uzoma, having worked in retail banking for over 20 years, has unrivalled experience when it comes to building banking products for businesses. He adds, “Sparkle was built to allow individuals to be free; Sparkle Business is an extension of this, so that business owners can reduce friction when it comes to important administrative transactions. We’re excited to roll out our new products and services, and to continue to grow an increasingly busy and entrepreneurial group of business owners who don’t want to accept that banking halls and physical paper trails are the only means of conducting business in Nigeria”.

Readers 486

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Sam Wakoba

Sam Wakoba

Taking you on tour through Africa's tech ecosystem, one startup at a time! [email protected]

Related Posts

Startups

Nigeria’s Appzone raises $10mn to build out a financial operating system for Africa  

April 12, 2021
0
Efayomi
People

The fintech-focused VC space in Africa is fairly small, here is how Flourish Ventures is changing that

April 12, 2021
0
Startups

EnableMe, a social network for people with disabilities launches in Kenya

April 12, 2021
0
Startups

Ampersand raises $3.5m to rapidly scale its electric motorcycle & swap station network in Rwanda

April 9, 2021
0
Startups

Selina Wamucii sources all Africa’s produce in one platform.

April 9, 2021
0
Startups

Totohealth has implemented innovative technologies that reduce the maternal and child mortality rates in Kenya.

April 8, 2021
0
Startups

Solar home systems firm Baobab+ raises €4 million to expand in Côte d’Ivoire and Senegal

April 8, 2021
0
Startups

Farmhut, Zimbabwean Agri-tech startup wins US$100,000 from the annual Hult Prize competition

April 8, 2021
0
Startups

Afribon designs to bring the taste of Africa to the world by equipping skills to the food and beverage processing industries

April 8, 2021
0

ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Nigeria’s Appzone raises $10mn to build out a financial operating system for Africa  

April 12, 2021
Efayomi

The fintech-focused VC space in Africa is fairly small, here is how Flourish Ventures is changing that

April 12, 2021

EnableMe, a social network for people with disabilities launches in Kenya

April 12, 2021
Wondershare Video Repair Tool Renamed Wondershare Repairit After Major Update

Best Video Repair Tool Wondershare Repairit

April 12, 2021

Strathmore University partners Ukrainian firm to train blockchain developers

April 12, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Classifieds

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: