Fintech Firm, Platnova, Unveils New Platform to Equip Nigerian SMEs for Global Trade

In a strategic move aimed at bolstering the capacity of small and medium-sized enterprises (SMEs), Platnova, a fast-rising financial technology company, has officially launched ‘Platnova Business’, an integrated platform designed to provide local businesses with global-ready financial tools.

The new offering, announced in Lagos on Tuesday, is set to empower entrepreneurs and enterprises with a suite of services including instant USD accounts, multi-currency wallets, branded invoices, and free transfers, effectively dismantling long-standing barriers to international commerce.

Speaking on the motivation behind the launch, the Chief Executive Officer of Platnova, Mr. Benjamin Oyemonlan, stated that the platform was created to level the financial playing field for African businesses.

“SMEs are the heartbeat of Africa’s economy, but many are slowed down by limited access to international banking,” Mr. Oyemonlan said. “Platnova Business gives every entrepreneur – from the corner shop to the export-ready startup – the same global reach enjoyed by companies in developed markets.”

With this new platform, business owners operating in Nigeria can now seamlessly collect payments from abroad through instant USD accounts connected to global networks like ACH and SWIFT. The platform also offers tools for smarter financial management, including team expense cards and budget controls, which are crucial for business growth and accountability.

Industry observers have hailed the launch as a timely intervention, noting that it aligns with the Federal Government’s push for economic diversification and increased non-oil exports. By providing over 30 multi-currency wallets and real-time conversion features, Platnova Business directly addresses the foreign exchange challenges that often stifle the global ambitions of local businesses.

The company affirmed that the launch of Platnova Business solidifies its core mission to unlock borderless finance for Africa and its diaspora, ensuring that “local ambition can seamlessly connect with global opportunity.”

The Platnova Business platform is available for immediate access through the Platnova mobile application and web platform.