Solad Power Group, a Nigerian-based energy provider has joined with Interswitch Financial Inclusion Services, Limited, Quicktell as a sub-agent. The partnership will help them to digitize the retrieval and provision of existing energy customers with a wider range of financial services as part of the company’s plans to create a fully integrated digital power-as-a-service network.
The move will allow them to fully integrate its sites into the agent network, to digitize the experience of customers using a power supply as its bedrock on which the company’s customers can pay for more than 5,000 various services at Solad customer service centers. Included in these services are cash in cash out, bill payments, and other related services.
The services will be added to the Quickteller PayPoint network to ensure that the services are ready for all customers as more Solad sites go live as they start their operation in Ogun State, Nigeria.
The CEO of Solad Power Group, Denis O’Brien commented that “ Solad has a unique proposition, in that we are delivering innovative power solutions using clean energy to communities that desperately need it but we recognize that power alone is just the beginning”.
He revealed that by digitizing customer service experience and integrating it with other service providers, the company can use power supply as the first point of contact through which they can create a wide range of digital service propositions.
He commented that the more they know about the customers’ needs and preferences, the better they will be able to create and deliver service propositions that meet their unique circumstances. Having selected Ogun state as the pilot site, the company hopes to expand its offering to other parts of Nigeria.
“We have a firm belief that a mobile-led approach will help thousands of business owners across our platform”.
In agreement, Yewande Olagbende, CEO of Solad Power Group, Nigeria, revealed that Solad has connected more than 10,000 start-ups with reliable and affordable power and is ready to begin supplement customer relationships by giving them additional value-added services in some of their locations. going further
She added, “ This is part of our long term ambition to build a fully integrated digital power-as-a-service network that is able to develop and deliver a range of services alongside our power distribution infrastructure”. She also disclosed that they look forward to pulling out more sub-agents as their network of projects expands.
Solad Power Group was established in 2017, they are into investor and operator of distributed energy solutions that provide clean, reliable, and cheap power to businesses, homes, and services that are not connected and are undeserving of power supply. In doing so, it can help unrivaled social, economic, and environmental impact on the continent, induce growth and drive participation.
Titilola Shogaolu, the divisional CEO at IFIS in her bid to welcome them commented that the inclusion of the company will help IFIS to unravel its value proposition to the energy sector especially the mini-grid and the off-grid.
Both customers and agents can easily pay and collect bills as the services are now very convenient.
“ We are excited about the partnership with Solad and believe that with our platform, customers utilizing Solad services nationwide in the long term will enjoy seamless ways to pay for electricity services,” she said.
In its existing plans, Solad is to add mini-grid solutions in 12 more markets beyond the southwest of Nigeria in the next 2 years. This will add to the more than 20,000 small businesses to its network.
While Solad has participated in Nigeria’s Rural ElectrificationAgency ( REA) Mini-grid and is a part of SHS under the World Bank-backed Nigeria Electrification Project (NEP), IFIS, on the other hand, is a certified superagent by the Central Bank of Nigeria.
They are a subdivision within Interswitch Group that is committed to accelerating and strengthening financial participation in Nigeria by getting agents nationwide to deliver electronic payment services to meet the needs of those that can’t bank.
They’ve also partnered with financial services providers, dealers, billers, and other related businesses owners with the goal of improving their efficiency and reach out via its network of agents who render non-financial assistance, social service transaction in their various locations through Quickteller.
Featured Image: Yewande Olagbende, CEO of Solad Power Group, Nigeria