To the underbanked individual, NowNow increases financial inclusion by enabling access to digital bank accounts and debit cards through their Digital Bank.
In 2022, NowNow facilitated over 75 million unique transactions across their SME and consumer platform, equating to nearly US $3 billion in transaction volume.
NowNow says their consumer application still has over 3000 downloads a day, but the company’s key focus for 2023 will be to build out their SME business.
In January 2023, NowNow was facilitating 120,000 daily merchant transactions, and was tracking 160% MoM growth.
Related Infobytes