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Riby Marketplace (RMP) Fintech for Cooperatives in Nigeria and Africa

Cover image of Riby Marketplace (RMP), Fintech venture on VC4A

Riby is a group-based digital financial platform provider that helps communities, trade groups, cooperatives (formal/informal) and SMEs to digitize their operations, get access to financial services (savings, loans) through our digital platforms (Web/Mobile/APIs), and offline channels (Agents and USSD).

We are on a mission “to build an affordable and accessible digital platform that promotes collective growth” across Africa. We have two key products:
1) Riby CoBanking app allows groups and their members to digitize their group-based (credit-union style) administrative and financial operations (savings, contributions and loans). It also allows them to be integrated and recognized by the formal financial system.

2) Riby Agent App is the human-to-digital bridge, Enterprise Partners to digitize their engagement groups & individual users, to formally & digitally extend credit and/or other benefits to them. There are over 2500 agents on our agent network across Nigeria.

Sectors Fintech
Location Lagos, Nigeria
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