Economy Must Support Business Owners to Flourish–Osunsoko

By Modupe Gbadeyanka

The Head of Partnerships at Stanbic IBTC Bank Limited, Ms Omolara Osunsoko, has posited that any economy that intends to flourish must do everything possible to support business owners, especially those in the Small and Medium Enterprises (SMEs) sector.

The banker said this at a webinar organised to inform participants of a seamless payment experience for business owners through the enhanced Enterprise Online (EOL) payment platform.

At the event themed Simplifying Payments for Businesses, the company unveiled EOL 2.0, an upgraded solution created to facilitate a smooth payment experience and improve human resources (HR) services for business owners through a partnership with Bento Africa.

In her opening remarks, Ms Osunsoko stated that “entrepreneurs are the backbone of our economy, and we acknowledge the vital role they play in driving economic growth and creating employment opportunities.”

“An economy that will flourish must support business owners with knowledge and tools needed to thrive in today’s competitive business landscape, and today’s discourse is aimed at simplifying the online banking experience for entrepreneurs,” she declared.

Also speaking, the Team Lead for Digital and Enablement at Stanbic IBTC Bank, Ms Modupe Banjoko, said, “Our EOL 2.0 solution is not just an upgrade; it’s a game-changer for businesses of all sizes. It offers a powerful combination of efficiency, security, and convenience, making financial and HR management more straightforward and effective.”

During the virtual panel session, the Head of Digital and e-Commerce at Stanbic IBTC Bank, Mr Olutimi Ibrahim, said, “The vision of Stanbic IBTC Bank lies in leveraging technology and digital innovation to deliver superior financial services to customers.”

“We offer efficient solutions for businesses, and these include the enhanced EOL 2.0, designed to meet all business payment needs, offering a seamless and secure online banking experience for corporate entities,” he added.

On her part, the Growth Executive for Bento Africa, Ms Vivian Ekemezie, disclosed that, “Bento’s expertise in cloud-based solutions and Stanbic IBTC Bank’s industry-leading Enterprise Online payment platform will significantly add business value and streamline operations. This partnership presents an incredible opportunity to drive innovation in HR management and deliver unparalleled convenience to our enterprise clients.”