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    Home » Check New app presented to drive financial transactions 
    Business

    Check New app presented to drive financial transactions 

    Ifetayo AdeniyiBy Ifetayo AdeniyiAugust 20, 20253 Mins Read
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    Check New app presented to drive financial transactions

    Pettysave Microfinance Bank has presented a new financial technology platform, Genius App, at the sixth edition of the Wealth Summit in Lagos, offering savings, credit, and business tools to help Nigerians navigate the country’s challenging economic environment. Newspaper subscription bundles

    The inauguration, which took place in Lagos, formed a major highlight of the summit organised by business development firm, Pertinence Group. Themed: “The Real Money of Lagos,” the event drew more than 7,000 participants, including students, entrepreneurs, professionals, and industry leaders, all seeking practical strategies for wealth creation in the face of inflation and rising unemployment.

    Chairman of Pettysave Microfinance Bank and Co-founder of Pertinence Group, Dr Sunday Olorunsheyi, described the app as a groundbreaking tool designed to expand financial access for individuals and small businesses.

    “Our mission is to create platforms for financial freedom. Genius is a tool that people can take advantage of to succeed. We don’t just complain about the economy; we provide solutions that update people’s lives, just like software updates,” he said.

    He explained that the summit, now in its sixth year, has always prioritised impact over numbers. “For us, the excitement is not just about the crowd, but about the impact. People come here and return a different version of them. It’s like updating your software. By the time they come back next year, they will perform better.”

    Olorunsheyi added that Pertinence platforms had supported the emergence of over 100 businesses in the past decade, with thousands of Nigerians benefitting from incentives including vehicles, home ownership, and international trips. Newspaper subscription bundles

    Chairman of Coscharis Group, Dr Cosmas Maduka, who also addressed participants, urged young Nigerians to take responsibility for their future by embracing discipline and long-term vision. “Only a fool spends all he has. Start saving early, even from age five. What matters is access, relationships, and value creation. If I could make it, anyone can, but you must be willing to suffer the inconvenience of discipline,” he said, recounting his rise from street hawking at age 10 to building one of Nigeria’s largest conglomerates.

    Co-founder, Wisdom Ezekiel, challenged the assumption that capital is the most important requirement for entrepreneurship. He emphasised resourcefulness as the real foundation for growth, recalling how he taught himself to read and write after leaving school at JSS2. Newspaper subscription bundles

    “Resources will always follow resourceful people. If you are not resourceful, resources cannot follow you. They didn’t accept you today, show up tomorrow. Keep advancing, adjusting, and doing the right thing, you will get there,” he said.

    Financial literacy advocate, Olumide Emmanuel, lauded the consistency of the Wealth Summit in equipping Nigerians with practical systems for financial progress. “This summit is bridging the wealth gap. It’s not just giving motivation, it’s showing people the systems and habits they need to move from where they are to where they want to be,” he said.

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    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

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    Uber has introduced a new hotel booking feature within its app as part of its strategy to evolve into a comprehensive “everything app.” The service, developed in partnership with Expedia, allows users to search and reserve hotel rooms from a selection of more than 700,000 properties. The feature integrates travel tools such as maps, filters, and pricing options, while enabling payments through saved card details already stored in the Uber platform. According to Uber CEO Dara Khosrowshahi, the company is expanding beyond ride-hailing and food delivery to become a unified platform for a wide range of everyday services. Expedia CEO Ariane Gorin said the collaboration is aimed at simplifying travel planning and reducing the steps required to complete bookings. Uber also plans to extend the partnership to include short-term rental listings through Vrbo in the future. The move reflects a broader global trend toward multifunctional apps that combine services like transport, shopping, and payments in a single ecosystem, similar to platforms such as WeChat and Alipay in China. Other tech companies are also pursuing similar “super app” models, including Airbnb, which has added experiences and personal services, and X, which is exploring financial services integration. Uber further revealed plans to incorporate AI-powered tools, including meal planning, shopping list creation, delivery coordination, and a voice assistant for navigating the app.

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