Jumia, one of Africa's leading e-commerce platforms, has announced two new Buy Now, Pay Later (BNPL) partnerships in Nigeria with Newedge (Easybuy), a finance company in Nigeria, and CredPal, a Nigerian fintech company.
According to Jumia, the latest partnership will allow consumers across Nigeria to buy their desired products with the alternative of making flexible payments over a set period.
“We are excited to announce the addition of Easybuy and CredPal as payment options for Jumia customers in Nigeria. The addition of BNPL options is an exciting and innovative way to drive e-commerce adoption and accessibility while expanding the purchasing power of our customers,” said the CEO of Jumia Nigeria, Sunil Natraj.
“This partnership is a testament to our commitment to empowering our consumers and providing them with the tools they need to shop conveniently. We are confident that EasyBuy’s BNPL solution will be a valuable addition to our platform and contribute significantly to the growth of e-commerce in Nigeria,” he added.
As the Nigerian e-commerce landscape grows, innovative solutions like Buy Now and Pay Later hold immense potential to drive financial inclusion further and unlock new opportunities for consumers to access products despite the harsh economic conditions.
