Renmoney makes LSE listing

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Renmoney, a leading fintech company in Lagos, was featured on the London Stock Exchange Group list of ‘Companies to Inspire Africa’ for 2019.

Speaking on the development, the Chief Executive Officer, Renmoney, Tobi Boshoro, said that the company had spent the last few years building convenient lending solutions for Nigerians, and that Renmoney was listed alongside three other Nigerian companies.

“We are focused on listening to our customers and using their feedback to iterate on our solutions and processes. This approach led Renmoney to 112 per cent year-on-year growth in customers served in 2018 and the company has more plans to make financial inclusion count in 2019,”
he said.

According to the CEO, LSE Group, David Schwimmer, “the Stock Exchange identifies Africa’s most inspirational, dynamic and high-growth companies to a global
market.”

He said that the ‘Companies to Inspire Africa’ report was born out of a belief that the featured firms were crucial to the future of the African economy and the growth of the economy of their home countries.