YELLO DIGITAL FINANCIAL SERVICES
PARTNERSHIP OPPORTUNITY
WITH AN EMERGING FINANCIAL SERVICE PROVIDER

YELLO DIGITAL FINANCIAL SERVICES, owner of the MoMo Agent brand and a subsidiary of MTN Nig. PLC is committed to providing innovative, digital Financial Services. In line with our strategic intent to lead the delivery of a bold new digital world, we have embarked on a plan to provide innovative and easily assessable financial services to Nigerians, particularly the unbanked and under-served segments. We therefore seek to partner with qualified and competent companies to support in the rollout and management of the MoMo Agent network across the country to aid in the achievement of this objective

ELIGIBILITY CRITERIA FOR INTERESTED PARTNERS
A. Statutory and Governance Requirement:

Must be a limited liability company and should have the following:
• A minimum of 1 year operational experience
• Certificate of incorporation
• Copies of memorandum and article of association
• Evidence of tax remittance over the last six months to one year

B. FINANCIAL CAPACITY:
• Evidence of a minimum working capital of N10m
• Minimum annual revenue of N30m

C. DISTRIBUTION CAPABILITIES:
Must be a limited liability company and should have the following:
• Demonstrate a strong knowledge of financial services
• Demonstrate the ability to own/build/rent a physical office infrastructure to support the financial service business within desired territory
• Demonstrate the ability to build a distribution network within territory of interest (if not in existence already)

METHOD OF APPLICATION
Eligible applicant should visit
http://bit.ly/SFP_App

To submit their application stating the name of the company, their geographical coverage, and upload the following documents

• Company incorporation document as stated above
• Bank statement for the business covering January- December 2019
• Audited/Management reports for 2018 and 2019
• High level business plan (Maximum of 20 pages) structured as follows

SECTION 1: Provides an overview of the company, the existing and planned product/service lines, existing customer segments, and/ or target customer segments, existing/ planned geographical average.

SECTION 2: Organization structure and profile of key management personnel

SECTION 3: Existing/planned infrastructure and logistics network and distribution channels with adequate pictorial evidence of distribution capability in the coverage state(s)

SECTION 4: Agent network build up plan and the ability to acquire and service customers in the desired territory

SECTION 5: Three- Five year financial outlook and projections for the business

Application must be submitted on or before 27th , January, 2020

All applications will be treated in confidence. Only eligible applicants will be contacted. For further enquiries, please contact us on 08109846410

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