Smart addressing startup, OkHi, has launched its smart address verification product with Interswitch Group, Africa’s leading technology-driven company focused on the digitization of payments across the continent.
Quickteller, Interswitch’s payments and wallet service, has become the first business in Nigeria to use the OkHi address verification service.
Founded in Kenya in 2014, OkHi provides digital address verification to financial services, tackling a problem space that is holding back growth and stifling access to credit for millions of Nigerians. OkHi’s smart addressing technology makes it easy for financial services to verify their customer’s address through their smartphone, replacing the need for utility bills or physical visits.
Following the launch, Interswitch will provide all of their customers an OkHi address, providing them access to larger wallets, faster loans and improve last-mile delivery through Quickteller’s Citimart and Global Mall. In addition, Quickteller customers with an OkHi address will be able to use it for personal purposes or with other delivery services – helping to make daily tasks easier.