Nexta

Nexta is a digital banking platform that provides a range of financial services tailored to both individuals and businesses. The company was founded with the mission of revolutionizing the banking experience in Africa, offering products and services that meet the needs of the unbanked and underbanked populations across the continent. Nexta's platform integrates mobile banking, payment solutions, savings products, and personal finance management into one seamless app. The app offers users the ability to open accounts, save money, send and receive payments, and access credit facilities all in one place, simplifying personal finance management. One of the key differentiators of Nexta is its focus on providing innovative financial products that cater specifically to the needs of African consumers. This includes offering microloans, insurance products, and peer-to-peer lending options, enabling users to easily access funds when needed. The platform uses AI-powered credit scoring and alternative data sources to assess loan eligibility, making financial services more inclusive for those without traditional credit histories. For businesses, Nexta provides payment gateways and invoicing systems, enabling small businesses and merchants to accept payments, track their expenses, and manage their cash flow seamlessly. Through these efforts, Nexta is contributing to the financial inclusion agenda in Africa, giving millions of individuals and small businesses access to critical financial services.