News

December 6, 2024

Supply Smart, a Wild Fusion Company, Granted Agency Banking License by the Central Bank of Nigeria

Supply Smart, a subsidiary of Wild Fusion Holdings, has been granted an Agency Banking License by the Central Bank of Nigeria (CBN). 

Supply Smart, a subsidiary of Wild Fusion Holdings, has been granted an Agency Banking License by the Central Bank of Nigeria (CBN). 

The license positions Supply Smart to advance financial inclusion services across Nigeria by providing essential agency banking services to underserved communities.

This milestone marks a significant step in Wild Fusion’s journey as it continues to expand its footprint in the fintech industry. 

Wild Fusion, started in 2010 as a digital marketing agency and has since evolved into a Technology Holdco, with a presence in Nigeria, Ghana, and Kenya.

The company is broadening its footprint with fintech subsidiaries including newly licensed Supply Smart an Agency Banking Fintech and Lending Infrastructure Company, Loanspot Africa, which provides innovative Fintech lending solutions to licensed lenders.

Beyond fintech, Wild Fusion also empowers individuals and businesses through its training center in digital marketing, product design, and other in-demand skills, fostering talent and equipping professionals with the tools to thrive in today’s digital economy.

Commenting on this achievement, Abasiama Idaresit, CEO of Wild Fusion Holdings, said:
“We are thrilled to have a licensed Agency Banking Subsidiary and a Lending Infrastructure Company as part of our growing Fintech portfolio. These fintech subsidiaries are crucial to our mission of driving technology penetration and fostering financial inclusion/penetration across Africa. 

Abasiama IDARESIT CEO Wild Fusion Holdings

With the granting of this license, Supply Smart is poised to play a vital role in bridging the financial gap, leveraging technology to deliver impactful banking solutions. 

The company’s dedication to innovation and empowerment reflects the broader vision of Wild Fusion Holdings to lead transformative change across Africa’s digital and financial landscapes.