By Modupe Gbadeyanka
The chief executive of PayDay, Mr Favour Ori, has shared insights as to how businesses can thrive, especially in a challenging operating environment like Nigeria.
Speaking at an interactive session organised by FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc, the entrepreneur pointed out that strategic partnerships remain one of the best ways to grow any business.
Recall that recently, the company he established raised about $3 million from investors to expand its operations to other climes, and one of them, Moniepoint, is rumoured to be interested in acquiring the payments firm.
In his presentation at the fireside chat series themed Maximising Partnerships for Value Creation, Mr Ori disclosed that partnerships with others could help founders identify the gaps, challenges, and potential opportunities for growth.
He emphasised that businesses can grow either as a startup or a large corporations by harnessing value offerings and benefits from key partnerships.
Mr Ori used the occasion to inform the audience how Payday is digitally committed to helping Africans transact globally with the emergence of innovative solutions geared towards simplifying automated transactions.
Payday is a neo-bank committed to helping Africans transact globally. The platform was launched in 2021, offering its customers the opportunity to open multiple global bank accounts that enable them to carry out transactions globally. Customers have access to swap currencies, request dollar and naira virtual cards, e-wallets, etc.
Also speaking at the event, the Chief Digital Officer of FBNQuest, Ms Lola Aworanti- Ekugo, stated that, “At FBNQuest, we are committed to creating an immersive experience that amplifies important messages and facilitates engaging discussions that encourage employees to think creatively and enhance productivity to deliver more innovative solutions to our clients.
“We look forward to hosting more insightful conversations that will spark further interactions where participants will be equipped with information on how to make strategic decisions in their career journey and leverage the transformational power of technology and innovation.”
