Corporate Information on Fortis Mobile Money
Fortis Mobile Money was licensed by the CBN in 2009 to provide fast, easy, convenient and affordable payment solutions that will be geared towards the financial inclusion of the unbanked and underbanked segments of the Nigerian population.
Full operations started in 2010 with Fortis Money, staying true to its mission by delivering innovative solutions leveraging digital finance technology to advance the financial inclusion agenda. This has culminated in the deployment of such innovative solutions as Mobile Microfinance that won the EFINA innovation grant in 2014 and oversaw the disbursement of over N6 billion in microloans to over 400,000 women through their mobile phones.
The Organization has blazed the trail in digital finance in Nigeria; scoring several firsts in the deployment of Information and Communication Technology (ICT) infrastructure to create innovative products that meet the needs of its teeming customers especially as it concerns the financial inclusion of the unbanked segment of the population. This has also seen Fortis Money deploy the MPOS handheld technology and the NFC (Tap and Pay) innovation that has drastically reduced exclusion in their areas of operations.
This has enabled the organization to deploy payment solutions in rural and peri-urban communities lacking the traditional banking and payment infrastructure.
Fortis Money has over 2500 agents strategically spread across 34 out of the 36 states in Nigeria and a continuously growing subscriber base that now stands at well over 300,000.
To lead in inclusive financial services
We provide excellent financial services to all through innovative solutions while creating value to all our stakeholders
S-Solutions: We are committed to address financial inclusion challenge via accessibility, availability and efficient usage of financial services.
C-Competence: We demonstrate high competence which is our door to innovation, excellence and ensures long-term success.
R– Responsibility: To be responsible and responsive to communities and business environments in which we work, always ensuring that what comes in goes back to the stakeholders many times over.
I-Integrity: To conduct our business fairly, with honesty and transparency.
I-Innovation: committed to support an environment with changing technology, new ideas and creativity.
P-Passion: We are passionate about what we do. We are excited about the contributions Fortis Mobile Money can make with regards to financial inclusion in Nigeria.
T-Team Work: We foster an atmosphere of trust, collaboration, openness and cooperation, while recognize the contribution of all. Our strength lies in our coordination and effective work methodology.
- Financial Efficiency: High average profit growth, High return on Investment, Low Financial Risk, High Liquidity
- Customer Objective: High customer base and Market share, Growth in customer satisfaction and Quality financial services & products
- Efficient Technology: High interconnectivity, Cost efficiencies, Process improvement
- Increase Fortis Mobile Money’s capability to become nationally competitive
- Staff: High Employee Satisfaction and Productivity
- Improved corporate Image