Association of Small and Medium Enterprises partners with Fintech Firm to Enhance SMEs
Na'ankwat Dariem
The Nigerian Association of Small and Medium Enterprises (NASME), in collaboration with a Fintech Company, MoMo Payment Service Bank, have hosted a two-day symposium and exhibition on empowering nano and small businesses in Lagos.
The symposium was instrumental in introducing Small and Medium-scale enterprises (SMEs) to the MoMo N40 million grant initiative.
The program was designed to incentivise active merchants.
The grant will encourage increased engagement and participation among SMEs while fostering a mutually beneficial relationship between MoMo PSB and its users.
It is believed that this strategic effort solidifies MoMo’s commitment to supporting and empowering SMEs within the business landscape.
Chief Commercial Officer at MoMo PSB
Elsa Muzzolini, in her opening remark said
“At MoMo PSB, we believe in co-creation and designing solutions that directly address the needs of our customers. Our partnership with NASME on the symposium and exhibition underscores our dedication to empowering nano and small businesses across Nigeria with MoMo solutions for merchants and customers.”
She emphasised the significance of collaboration in advancing SME growth in Nigeria and disclosed that MoMo for merchants started as a simple USSD solution for transactions and has evolved to a merchant application that caters to smartphone users, enabling transactions with or without internet connectivity.
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