New York, September 20, 2021 (Globe Newsweire) – Logic, Inc. (NEO: LGIQ) (OTCQX: LGIQ), a leading provider of e-commerce and fintech solutions, has entered into a pre-agreement agreement with Lagos-based IT and financial services company Novaji Introsver. Housing and mobile money services to millions of non-Nigerians in the bank.
As a government-licensed value-added services and provider of Fintech, Novaji operates LogicGoggg and Pyglog platforms to provide home delivery services, mobile digital wallet and sales space, micro lenders and other mobile Fintech products and services.
As part of the first phase of the engagement, Logic is working with Novaji Business and Technology teams to determine product and feature offerings, as well as the necessary integration and coordination needed to support deployment nationwide. A.D. It is planned to launch a pilot program by 2022 before the end of the year.
Through Nigeria’s National Financial Inclusion Strategy Program, the country aims to provide 80 percent of Nigeria’s adult population with financial services by the end of the year. However, most Nigerian adults still fall into the category of non-banking, and are largely excluded from the country’s financial system.
56 million or 56% of Nigerian adults are not banked, and 81 percent now own a mobile phone. This provides mobile money services as a great way to bring more people into the national financial system.
“Joining Novaji marks the first time we have reached emerging markets outside of Indonesia,” said logic president Brent Suyen. With a population of 212 million, Nigeria is one of the most populous countries in the world, but most people do not have a bank account. This creates a great opportunity for our mobile business and fintech platforms, especially designed for emerging markets. These field-proven solutions can provide tens of millions of vital financial services in the region.
Logic’s digital wallet technology allows multiple financial transactions to be done easily and safely, including money transfers, ‘Buy Now, Pay Later’ options, receiving and repaying loans, obtaining insurance, buying airtime and data, and paying bills or merchants. With a comfortable cell phone, anytime, anywhere.
About Novaji Introserve
Novaji Introserve is a licensed VAT and Financial Technology (FINTECH) provider. The company is driven by mobile finance services, digital content revenue, corporate and financial solutions, emotional team and state-of-the-art technology.
Its services include short code and USSD, ringtones, digital media, ERP solutions and other FINTECH solutions. Visit novajii.com for more information.
Logic, Inc. It is a global provider of US-based e-commerce and fintech business optimization solutions. Its DataLogiq business provides information-based, end-to-end e-commerce marketing solutions. II-powered Logic X ረጃ information engine provides useful consumer insights that improve ROI online transaction costs. The company’s Fixel technology provides easy online marketing using critical privacy features.
In the AppLogiq business, Logic platform-as-a service, dubbed as “FarApp”, allows small and medium-sized businesses around the world to easily create and deploy native mobile app for their business. CreateApp businesses empower businesses to reach more customers, increase sales, manage logistics and promote their products and services in a simple, affordable and efficient way. It is available in 14 languages in 10 countries and on three continents, including some of the fastest growing markets in Southeast Asia. PayLogiq, a company called Atzpay ንዶ in Indonesia, offers mobile payments, and Golgክk, a ዞzzo ™ in Indonesia, provides the most local food delivery services. Connect with Logic: website | Linkden | Twitter| Facebook.
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Brent Suyen, president
Media and Investor Relations
Ronald both or Justin Lamley
CMA Investor and Media Relations
Phone (949) 432-7566