Fundit - Lagos, Nigeria

Fundit is an innovative project that seeks to address the issue of long queues in banks. Users can now deposit money into their bank account from any location in a convenient and easy manner. Fundit has 3 channels for funding bank accounts: USSD, Web, and Mobile. Even basic phones without internet can be used to transfer money; simply dial the short code *556#. The mobile app for Fundit can be downloaded from both the Play Store and Apple Store. Through the app, users can fund their account with either airtime credit or a Fundit scratch card. The same service is also available through the web. Upon successful funding, users will receive a notification from the beneficiary's bank, provided they have subscribed to receive SMS notifications. Fundit provides a solution to both rural and urban  

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communities, office workers, and others who want to transfer money without the hassle of having to go to a bank. Fundit scratch cards or airtime credit can be obtained from agents or recharge card retailers. Based on research, Fundit is a great solution for the masses, eliminating the need to wait in long bank queues.