Tomilola Majekodunmi

Tomilola Majekodunmi is a Nigerian tech entrepreneur with a mission to drive financial inclusion in Africa. She is the Co-Founder and CEO of Bankly, a fintech startup taking financial services to the last mile. Bankly provides the digital infrastructure to store and move cash safely and seamlessly for Africa’s financially underserved population.

Quotes

• “The first thing to work on is poverty alleviation. The second is gender equality. And the third is more decent work. But poverty alleviation is at the core of the impact we're trying to create.” [1]

• I always wondered why financial inclusion was a problem, especially in a country where there is a wide network of distribution for fast-moving consumer goods. If alcohol and cigarettes can be easily available even in extreme northern Nigeria, why is it so challenging for financial services to hit the last mile? [2]

• I have seen the impact financial inclusion can have on poverty alleviation and I realize impacts can happen anywhere. We tend to assume you can only make impact in medicine or philanthropy, but I believe you can make impact even in a financial institution.[3]

• “We have places in northern Nigeria where women are not culturally allowed to even own a bank account.”[4]

• Poverty alleviation is at the core of the impact we're trying to achieve, whatever form it takes. We're using access to financial services to do it now; later it could be by other means.[5]