SystemSpecs Unveils Remita Mobile App

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  • SystemSpecs Unveils Remita Mobile App

SystemSpecs, one of the leading financial technology company in Nigeria and owner of Remita has launched Remita Mobile Application.

The mobile banking platform is expected to empower individuals to view multiple bank balances on one screen, make payments from and to various bank accounts including microfinance banks, settle various bills to federal and state government agencies as well as other billers. It is also to enable them easily manage their expenses, and other key capabilities that allow users stay in firm control of their finance.

Speaking at a media briefing in Lagos at the weekend where a new Remita logo was also unveiled, Managing Director of SystemSpecs, Mr. John Obaro said: “Remita Mobile App will provide individuals with a much easier way to manage their finance. Now, with Remita App, customers of various banks will experience increased convenience, as they would be able to access their various accounts, seamlessly settle bills, and stay in firm control of their finance, anytime, from anywhere, on a single app.”

He said with the app, individuals would be able to send and receive money from the comfort of their phones, without needing any other mobile app or visiting any bank branch. Also with the app, payers can respond to payment requests from restaurants, shopping outlets, schools, family, friends or other billers by quickly snapping a QR code from their smartphone or tapping their device against the biller’s to complete transactions.

“We are optimistic that this solution will contribute significantly to transforming the financial culture in Nigeria,” an Executive Director at SystemSpecs, Adédèjì Olówè said.

“Not only will users be able to effortlessly settle utility bills using their mobile phones, Remita App’s exciting expense management feature will enable them make more financially intelligent decisions as it provides easy-to-understand colourful charts which analyse and display expense patterns.”

Olówès also revealed that the volume of transactions on the Remita platform as at the end of 2016 was $30 billion.

Olówè however added that, “Currently, six Nigerian banks—Zenith, UBA, Access, Wema, FCMB, and Providus—have been fully integrated on the mobile application, with more banks already lined up to be introduced in the coming days when we take the solution out of the Beta phase.”

Also at the occasion, winners of the Remita Seed Fund for startups received financial support to tune of N1 million each. They had emerged winners after successfully pitching at the fifth edition of StartUP Friday organised by the Office for ICT Innovation and Entrepreneurship (OIIE), a subsidiary of National Information Technology Development Agency (NITDA). The beneficiaries were Temie Giwa-Tubosun of LifeBank Technology and Logistics Limited, Damilare Ogunleye of Lasiko Limited and Taiwo Ayanleye of Stutern Limited.

Speaking on the gesture, John Obaro said: “We are always glad to support innovative tech-driven startups to grow and scale their businesses. Remita Seed Fund is one of our contributions to the advancement of Nigeria’s technology ecosystem. It is our belief and desire that it will help these three tech startups to take their ideas to the next level.”

About the Author

Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.

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