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How Nigerian Fintechs are supporting the #SARSMustEnd movement

Ola Olaoluwa
Ola Olaoluwa

Nigerian youth have continued their peaceful nationwide protests expressing disapproval of the persistent brutality of the so-called now defunct Special Anti-Robbery Squad of the Nigeria Police Force against Nigerian youth, which has involved human right violations, forceful extortions, rape and even extrajudicial killings.

And, several Nigerian fintechs, bearing in mind the welfare and safety of these citizens lending their voices to the movement physically and online, so far being the most expressive set of corporate organizations in the country as far as showing support for the movement goes, have deployed new facilities to automate the delivery and use of financial services during the protests. The said fintechs are as follows:

PiggyVest

This graphic design courtesy the savings and investment platform, PiggyVest team has arguably become the social movement logo across the divide of the nation in solidarity against police brutality. It has also proved useful in creating a sense of a “stock free” image, as creatives, writers and social media users alike continue to deploy this as a logo representation for featured images in write-ups, posts and articles for a good cause.

In addition, the CoFounder and COO of PiggyVest, @OdunEweniyi, personally lends her support to the movement, providing daily updates on the breakdown of monies received in different currencies and corresponding allocations via a Flutterwave donation fund.

Flutterwave Inc.

Announced via the twitter handle of the Co-founder and CEO, Olugbenga Agboola, payments solutions company, @theflutterwave is supporting the #EndSARS protest through a donation fund, to help with medical bills for those injured and protest organisers against police brutality.

In the spirit of transparency, the Flutterwave donation fund provides detailed daily updates on total monies received thus and monies allocated to medical needs.

Cowrywise

Mutual funds and high-interest savings platform, Cowryise has made a donation of N 1 million to @theflutterwave support fund in line with their continuous show of support whilst encouraging donations to the fund.

The platform has also shared stories of police brutality and violation of human rights, as experienced and shared by members on their teams, including a now product marketer as a former undergraduate.

Paystack

After sharing stories on sufferings of several members on their team and experiences and supports to #EndPoliceBrutality in Nigeria, members of the Paystack team have donated N 1, 000, 000 to help pay medical and legal expenses for protesters demanding that #SARSMustEnd.

In showcasing their support through digital machineries, these companies show their humanity, and display the critical role digital inclusion must play in the march towards a greater Nigeria.

Nigeria In Focus:

Population: 206.6 million (Compared to South Africa's 59.6 million)

GDP: $504.57 billion (Compared to South Africa's $369.85 billion)

GDP Per Capita: $2,465 (Compared to South Africa's $6,193)

News

Ola Olaoluwa

Writer | Economist | Actor | Fashion Entrepreneur