Farah

July 20, 2021

African Tech News #4 with Regxta of Lagos, Nigeria

Today was episode #4 of African Tech News. Hosted by Owuraku Sarpong and me.

You can join us live every Tuesday at 7 PM (Ghana) / 8 PM (Nigeria) / 10 PM (Kenya) / 12 PM (Los Angeles) / 3 PM (New York).

We spoke with Afis Bello, Chief Operating Officer of Regxta. Pronounced "reh-jis-ta."

Another great talk along our theme for the month of July: Fintech.

Started in 2018 Regxta works to solve:

  • Lack of access to finance
  • Lack of business validation
  • High cost of KYC and Due diligence in accessing the informal sector

And they provide the following services:

  1. Digital banking to the unbanked and micro businesses
  2. Providing easy and simple access to finance between $60 to $200
  3. Businesses incorporation
  4. Simple financial records for the micro-businesses
  5. Creation of alternative data for financial institutions to sell financial products to the informal sector

Regxta credits its continued success on fostering partnerships with banks, business incorporation agencies, local governments, and community networks agencies.

If you are interested in using their services they offer the following financial products:

  • Working capital loans
  •  Food loans
  • Assets loans
  • School fees and housing rental loans

Learn more about Regxta here:

For the recording of today's and previous live sessions visit here: anchor.fm/african-tech-news. Note that the recordings are posted a few days after the live session.

See you next Tuesday at 7 PM (Ghana) / 8 PM (Nigeria) / 10 PM (Kenya) / 12 PM (Los Angeles) / 3 PM (New York).

If you are African descent and would like to be featured by African Tech News you can email me at farah@hey.com. Or DM Owuraku or me.

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