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Home Economy Fintech

Glade Inc Empowering Entrepreneurial Drive in Nigeria Through GladefInance

by Techeconomy
October 28, 2023
in Fintech
0
Liyi Victor, GladefInance CEO
Liyi Victor, the CEO Glade Inc

Liyi Victor, the CEO Glade Inc

UBA
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As the entrepreneurship landscape in Nigeria keeps evolving, innovation and financial independence are on the rise.

To support and navigate the complexities of this dynamic environment, entrepreneurs require the right tools and unwavering support.

This is where GladefInance comes in. Glade is a financial technology company that is emerging as a pivotal force in empowering entrepreneurial growth in Nigeria. While traditional banks play an essential role, they often subject entrepreneurs to cumbersome and time-consuming processes.

GladefInance screenshot
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GladefInance screenshot

These can include tedious trips to overcrowded banking halls, daunting paperwork, hefty minimum balance requirements, and monthly maintenance fees.

In addition, the wait for an account to become operational at a traditional bank can extend for weeks, causing significant delays for business owners.

For the past few years, Glade has steadily been revolutionizing the business banking landscape in Nigeria by offering a more streamlined and efficient solution.

The company has strategically partnered with licensed banks fully insured by the Nigerian Deposit Insurance Corporation (NDIC).

This partnership ensures a secure and safe environment for entrepreneurs to manage their finances effectively. However, the true differentiator lies in the speed and convenience of setting up an account. With Glade Finance, opening a business account takes just five minutes, all from the comfort of one’s home. This stark contrast to traditional banking practices offers Nigerian entrepreneurs a breath of fresh air.

Beyond swift account creation, Gladefinance provides entrepreneurs with access to a suite of tools designed to enhance productivity and support business growth.

These tools include a multicurrency account feature, facilitating the management of funds in various currencies. There’s also a payment feature that enables quick payments to recipients both locally and globally.

The payroll system simplifies staff payment scheduling, and the invoicing feature sends automated payment reminders to customers.

Speaking with Liyi Victor, the CEO Glade Inc., he shared his vision for the company.

According to him, “the future of Gladefinance is poised to be a beacon of financial empowerment and innovation, reshaping the landscape of business banking in Nigeria.

“As we forge ahead, our unwavering commitment to entrepreneurs remains at the heart of our mission, offering them an agile, streamlined, and secure financial ecosystem that adapts to their evolving needs”.

He also spoke to the allegations raised by TechCabal in a recent article. He clarified that the internal breach incident, which was the focus of the article, occurred over a year ago in February 2022 and has since been diligently addressed.

He emphasized the company’s commitment to security, revealing that measures have been taken to reinforce its systems, report the incident to the authorities, and ensure customer funds’ safety.

He also explained that the termination of the COO, Temitope Senami-Hundeyin (Tope Tunde-Alli) appointment in March 2023 was due to performance issues and a conflict of interest while still being an employee of the Glade.

“Glade’s is only interested in its dedication to high integrity, trust, and transparent communication with stakeholders as they continue to expand their operations.

“Glade Finance still stands as the trusted partner powering business growth and success in Nigeria’s dynamic entrepreneurial landscape”, he said.

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