Vesti to Enhance Migration Experience with Miai, Safelock

Vesti, a leading migration Fintech company dedicated to empowering immigrants, marked a pivotal moment for the future of migration at the weekend in Lagos, when it unveiled Miai by Vesti and Safelock by Vesti, which are innovative features designed to transform the migration experience for millions of people.

In Q4 2023, the company announced its evolution to become an AI-first company, targeting the $36 billion global financial services market. This was followed with a bold statement when the company announced that Miai would serve as an invaluable resource for immigrants, providing immigrants with personalised and comprehensive assistance throughout their migration journey, from planning their move to settling into their new home. These groundbreaking features represent a paradigm shift, simplifying and securing the migration experience for millions around the globe. 

Speaking about the unveiled features, Co-founder and CEO of Vesti, Olusola Amusan, said: “Today marks a pivotal moment. We’re thrilled to unveil Miai and Safelock, features meticulously crafted to empower immigrants and make their journeys smoother, smarter, and more secure. This launch signifies a monumental step towards fulfilling our mission – becoming the go-to financial services platform for the next half a billion immigrants worldwide.”

Miai, the AI migration assistant developed by Vesti, operates as a chatbot on the company’s website, within the app, and serves as a copilot on the web app, supported by founders who have raised $1.2 million to date. 

Miai utilises Machine Learning (ML) to understand people’s unique needs, delivering tailored answers to their specific queries.  Natural Language Processing empowers Miai to engage in natural, conversational interactions. With Miai, people can ask follow-up questions, delve deeper into topics, and feel like they are talking to a human expert, not a rigid script.

In collaboration with Providus Bank, Safelock offers a secure and empowering platform specifically tailored to the unique challenges faced by immigrants.  Advanced security features, backed by Providus Bank’s expertise, guarantee the safety and security of your financial information and transactions.  With Safelock, achieving financial goals and securing the future in a new home country becomes a reality.

Olalekan Aderonmu, who represented the Head, Card Business at Providus Bank, Lanre Ogundare, said: “Providus Bank is honored to partner with Vesti on Safelock by Vesti. This collaboration perfectly aligns with our mission to provide innovative financial solutions that empower individuals. We are confident that Safelock will be an invaluable tool for immigrants managing their finances during their migration journey.”

The launch event was a celebration of innovation and collaboration that will reshape the future of migration, and there was a panel session moderated by the Marketing and Communications Leader, Microsoft ADC -W/A, Mr. Oluwamuyemi Orimolade, that focused on ‘Simplifying Cross-Border Payments through Innovative Solutions.”