Nigerian startup Sproutly, a financial services platform for educational institutions, has announced the launch of its version two, as well as several strategic partnerships designed to enhance benefits for its users. Educational administrators benefit from various payment methods, simplified access, and dedicated support, allowing them to focus on teaching while easing financial burdens for families. Originally designed for K-12 schools, Sproutly’s first version highlighted areas for improvement, leading to the 14-month development of version two, which has just been released. After measuring the impact, we found that prioritising financial services over digital banking was a better product-market fit. “Previously, only government or white-collar workers could access student credits to ease tuition payments.

Source: The North Africa Journal October 22, 2024 15:37 UTC