BLOG

OPTASIA AI PLATFORM ENABLES MICRO LENDING PROPOSAL IN IVORY COAST WITH MTN AND BRIDGE MICROFINANCE

10 December 2023

Optasia, a leading Fintech services provider, is happy to announce that its proprietary AI-led platform’s capabilities will enable the offering of “XtraCash” in Ivory Coast, a digital Micro Lending solution that will be provided to the country’s population through MTN Mobile Financial Services (MoMo), the microfinance leg of Mobile Telephone Network Côte d’Ivoire (MTN CI), a major telecommunications provider in the country, and Bridge Microfinance S.A. that offers inclusive financial solutions for underbanked populations, creating a positive impact through responsive services and recognized expertise.

“XtraCash”, enabled by the AI platform of Optasia, is offered in Ivory Coast through MTN’s mobile network, together with Bridge Microfinance as the financial partner. It will enable micro lending solutions to approximately 7,18 mobile wallet holders in the country. This is the second partnership between Optasia and MTN Group in the country, as the company is also enabling Airtime Advance solutions provided by the MTN CI.

“The AI-led platform that Optasia is providing has already established a name for itself in the micro-lending business,” stated Mark Muller, CEO of Optasia. “The convenience and versatility it provides has made it the platform of choice for such great partners as MTN and Bridge Microfinance, in order to support the underbanked population in the country.”

Optasia platform’s offerings enable financial inclusion in underdeveloped regions globally, explaining Optasia’s expansion to 35 countries, most of them in developing regions where the need for alternative financing solutions for the underbanked is key. The solutions and versatility that Optasia’s AI-led platform offers enable financial partners to extend and expand financial inclusion to local populations.