Let's build a life together
We believe there should be an alternative to traditional banking. We're helping you build the life you want through payments, banking, and insurance.
2021
Founding year
650k+
Customers
50k+
Agents
₦2T
GTV processed
To be the preferred partner, leveraging technology and people to drive financial access to the underserved in Africa.
To innovate around our customers day to day challenges in order to deliver world class financial services.
Late 2021 - Starting off with Payments
We commenced operations in September 2021 with our last mile agent distribution network called DotPay. Through our extensive network of DotPay agents across 36 states in Nigeria, we were able to provide easy access to customers to carry out basic financial services across the country. As we learned more about our customers' needs, we realized there was a chance to do more. So, we decided to expand our services and make a stronger commitment to providing all-around financial service value to those who don't have easy access to banking services- the underbanked
Mid 2022 - Expanding the Dot Product Offering Suites
Upon securing a Microfinance Bank (MFB) License, a pivotal moment in our journey, we initiated our banking operations. Through our banking infrastructure, we launched an array of products and services to our customers including instant bank account opening, savings, fixed deposits, cards and credit all of which can be accessed from any of our DotPay agent locations or via our mobile and internet banking applications.
Additionally, we've forayed into the insurance sector, obtaining regulatory licenses for Health insurance, micro-insurance, and insurance brokerage. This expansion enables us to provide an extensive suite of insurance products to cater to our customers' needs.
Now, 2023 - Consolidating the model
Recognizing the crucial need to optimize our distribution channels, showcase the Dot Model, secure more regulatory licenses, and evolve our services beyond basic payments, we have formally launched our Dot brand, providing a wide range of payments, banking and insurance products and services to individuals and merchants across our offline and online channels.
To improve and expand the services we offer while focusing on our customers, we've made some changes to how we operate. We've put the bank at the center of our business, making it easier to cross-sell our products to our customers. This simplifies our operations, enabling improved resource allocation while adhering to essential risk processes and structures, ensuring the safety and security of customer funds.
Become a Connector
We're working to find new and better ways to help people succeed, and we're always on the lookout for people like you to help them build a life beyond their next alert.
Join us at Dot