Technology is impacting our lives in different ways. While Digital banking in Nigeria has undoubtedly played a huge role in increasing the country’s financial inclusion rate, the desire for more is undeniably increasing. With a towering number of over 200 fintech firms in Nigeria fostering easy access to financial services, only a handful of them have been able to solve the pertinent issue of improving users’ money habits. Excitingly, gomoney is one of the most outstanding brands in the sector.
The digital banking provider understands the struggle to keep track of payments and transactions, and in this regard, has designed its tracking & reporting feature to show users detailed information on what they spent, how they spent it, and where. Reports are portioned into different spending categories so that users can see their spending summaries and adjust their spending where necessary to suit their money goals.
According to Nnamdi Ehirim, Head of Strategy and Finance gomoney inc during an interview earlier in the year, ‘’The Reports and payment tracking feature which is enabled by enriched transactions strips personal finance of all its complexities so our users can easily make decisions that reflect their financial goals as these personalized insights are designed to help them take complete control of their finances .’’
As a Nigerian fintech, the digital bank has taken it upon itself to simplify money management for individuals with its unique offerings and seamless user experience. The digital service provider has positioned itself as ‘the bank you deserve’, offering Nigerians the convenience of accessing a wealth of information about their finances anytime, and from anywhere in the world.
The digital bank through its popular bespoke features of split bills, scheduling of payments, goStash, and tracking has addressed the basic financial needs of consumers to help them stay in control of their finances. gomoney promotes exclusivity and deep transaction details through its unique tracking feature.
The genius side to this is viewing the tool as a personal finance journal where transactions are recorded automatically, allowing users to receive personalized insights into their spending habits. Users enjoy organizing and tagging their transactions into categories, and once labelled, every transaction will be allocated to its chosen category, enabling useful and accurate spending overviews.
With Nigeria battling an inflation rate of 22.04% – the highest in 17 years as reported by the National Bureau of Statistics in March 2023, a vital step in managing one’s finances is being equipped with information about day-to-day transactions. gomoney’s tracking and reporting tool is a must-have for Nigerians with its personalized insights and real-time tracking.
