BLOG

NEW MICRO LENDING PROPOSAL BY OPTASIA IN BENIN WITH MTN AND ECOBANK

4 March 2024

Optasia, a leading Fintech services provider, proudly announces that its proprietary AI-led platform will be utilized to enable the offering of a Micro Lending solution in Benin, to be provided to the country’s population through MTN Mobile Money Benin SA, which handles the fintech for Spacetel Benin SA (MTN Benin), a major telecommunications provider in the country, and Ecobank as the Financial Institution partner.

The service enabled by the AI platform of Optasia, uses the commercial name “Pret Xpress” and will be offered in Benin through MTN’s mobile network, enabling micro lending solutions to approximately 5 million mobile active wallet holders in the country. This deployment further solidifies the long-standing partnership of Optasia with both the MTN Group, with collaborations in several countries, as well as with Ecobank, a robust pan-African banking conglomerate, with banking operations in 36 African countries.

“Expanding the reach of our mobile finance solutions to more and more countries and people, in order to enable financial inclusion, is a cornerstone of Optasia’s roadmap,” stated Mark Muller, Group CEO of Optasia. “It is always great to combine the plethora of benefits that our AI platform offers, with top notch partners like MTN and Ecobank, that ensure the offering of a great micro-lending service to the population of Benin.”

Optasia platform’s solutions empower the financial inclusion of underbanked people in several underdeveloped regions across the world. With Optasia’s offerings available to over 35 countries, through market leader partners in each territory, Optasia’s AI-led platform enables easy and hassle-free financial inclusion to local populations.