A financial technology (fintech) firm has launched a new online payment device known as Cloud Wallet.

Director of Corporate Affairs, Cloud Wallet Limited, Tolulope lluyomade, said: “The Nigerian financial space is moving at a rapid pace and has given way to the rise of effective financial companies that are devoted to meeting the wants of customers.

“Cloud Wallet, a registered Microfinance bank, offers comprehensive banking with wide coverage in the African financial market.

“It was established by creative and productive minds who have deep experience in the fintech industry. It is a dynamic digital bank that provides investment solutions and allows customers to keep tabs on their transactions without visiting the bank. The complexity of many digital banks has been a turn-off for some individuals and business owners.

“Cloud wallet is, especially, designed with an easy and user-friendly interface that gets payments done without delay.”