Problem

We recognized a prevalent challenge in Nigeria, where individuals, particularly with numerous financial apps finds it challenging to manage their finances, posing difficulties in consolidating and overseeing them effectively. As a result, people lacked comprehensive insights into their spending behaviors, impeding their ability to make informed financial decisions.

Solution

Our team developed Abacus, a financial aggregator that brings together all your financial apps in one place. This gives them a comprehensive view of their finances, allowing them to easily track their spending and make informed financial decisions.

In addition to this, Abacus takes it a step further by providing convenient features such as money transfers, bill & subscription payments, and budgeting tools. We recognize the significance of effortless financial management, which is why we have seamlessly integrated these essential services into our platform.

Impact

In the first 6 months we gained > 1,000 users
Convenience in financial management: By eliminating the need to switch between multiple financial apps, we reduced the time spent managing finances by 3 hours per week for our users.
Comprehensive financial insights: By providing a consolidated view of finances, individuals gained more understanding of their financial situation which results in better financial decision-making for our users.

Abacus App Unifies Financial Management