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Dasamonie hits 1,000 users, processes over N500m transactions

Dasamonie hits 1,000 users, processes over N500m transactions

By Juliet Umeh

Digital financial services platform, Dasamonie, has announced that it has surpassed 1,000 registered personal users, onboarded more than 100 business accounts and processed over N500 million in transactions, as it seeks to deepen financial inclusion and expand its presence across Nigeria.

The company said the milestone underscores the growing adoption of its integrated financial services platform by individuals, entrepreneurs and businesses, barely a short period after commencing operations.

Speaking on the development, Co-founder and Chairman of Dasamonie, Mr. Eric Famogun, described the achievement as an important step towards the company’s long-term vision of building an all-in-one digital financial ecosystem.

According to him, “Reaching over 1,000 registered users is a significant milestone for Dasamonie. It reflects the trust our users have placed in our vision and reinforces our commitment to building a fintech platform that truly meets the needs of individuals and businesses.”

Famogun expressed appreciation to customers, employees, technology partners and early adopters for their support, noting that the company remains focused on innovation and customer satisfaction.

“This achievement belongs to everyone who has believed in Dasamonie from the very beginning. I sincerely appreciate our co-founders, management, developers, staff, partners and every registered user for their unwavering support. While we celebrate this milestone, we see it as only the beginning,” he said.

According to the company, its platform offers a wide range of financial and business solutions, including personal and business digital banking, local and international money transfers, currency conversion, virtual cards, airtime and data purchases, utility bill payments, merchant collections, SoftPOS and POS services, business registration support, as well as BVN and NIN printing services.

Dasamonie also disclosed that it is preparing to introduce lending and credit solutions as part of its next phase of expansion.

The company said its technology infrastructure operates in partnership with a Central Bank of Nigeria-licensed banking institution and is supported by payment technology providers, Flutterwave and Fincra, to ensure secure payment processing and collections.

As part of its growth strategy, Dasamonie said it has commenced the recruitment of state managers across the country to drive customer acquisition and strengthen nationwide operations.

The company further stated that it has received recognition under a Federal Government innovation programme for its contribution to financial technology and digital innovation, although details of the recognition could not be independently verified.

With Nigeria’s fintech industry continuing to record rapid growth, driven by increasing digital payment adoption and demand for accessible financial services, Dasamonie said it would continue investing in technology, product development and financial inclusion to support businesses and consumers across Africa.

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