Carbon Finance says it is poised to transform the banking experience, making banking services more accessible and flexible for consumers.

According to a statement, the company began operations in 2012 as One Credit, a physical consumer lender focused on the Nigerian market, the company later pivoted in 2016 to become a digital lender through its Paylater app and focused on providing access to consumer credit services.

With a renewed intention to develop into a fully functional digital financial services platform that offers cost-effective bill payments, free funds transfers, and high-yield savings and investment options in addition to loans, the company rebranded itself as Carbon in 2019 and was granted a microfinance banking license by the Central Bank of Nigeria.

Speaking on the bank’s 10th anniversary offering and quest, co-founder and CEO Chijioke Dozie said that “At Carbon, we are very proud of what we have built, thanks to our customers and to the humans at Carbon. When we look at the past ten years and the future, we want to focus more on the needs of our customers and ensure that we are adapting to market demands and changing the way Nigerians make payments”.

According to Ngozi Dozie, who is also co-founder, “with our new product buy now pay later ‘Carbon Zero’ which gives you the flexibility to buy what you want, when you want, without breaking the bank at zero percent of interest.

“As human beings, time is our most valuable asset and by using Carbon Zero our clients can be more flexible with their funds and significantly improve their quality of life.”

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