Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Trintech expands collaboration with Workday through an AI-powered financial closure solution.

September 12, 2025

Philippine Digital: Updates on Connectivity and Fintech by Romulo

September 12, 2025

A brief overview of the upcoming weekly updates in fintech

September 12, 2025

The finance certification market is set to experience significant growth.

September 12, 2025
Facebook X (Twitter) Instagram
Trending
  • Trintech expands collaboration with Workday through an AI-powered financial closure solution.
  • Philippine Digital: Updates on Connectivity and Fintech by Romulo
  • A brief overview of the upcoming weekly updates in fintech
  • The finance certification market is set to experience significant growth.
  • Steps to Kickstart Your Career in Fintech
  • Kirkland secures a regulatory partner for Fintech at McDermott
  • The majority of Canadians place their trust in individuals rather than AI when making financial choices.
  • Amazon concludes its acquisition of the Indian lender Axio, expanding its fintech efforts.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    FCCPC recoups 10 billion naira for harmed customers after grievances against banks and fintech companies

    September 11, 2025

    Hyderabad Fintech Viyona secures NPCI approval to function as a third-party application provider.

    September 11, 2025

    Klarna IPO Valuation Analysis in the US Banking Sector

    September 2, 2025

    Robinhood’s IA Investing Tool Digests Launches in the UK

    August 27, 2025

    JMJ Fintech experiences fluctuations despite robust recent financial results and growth strategies

    August 16, 2025
  • AI

    Trintech expands collaboration with Workday through an AI-powered financial closure solution.

    September 12, 2025

    The finance certification market is set to experience significant growth.

    September 12, 2025

    The majority of Canadians place their trust in individuals rather than AI when making financial choices.

    September 12, 2025

    Microsoft expands Copilot’s capabilities to sales, services, and finance.

    September 11, 2025

    The Japanese layer boosts AI finance tools with a $102 million increase.

    September 11, 2025
  • Acquisitions

    Amazon concludes its acquisition of the Indian lender Axio, expanding its fintech efforts.

    September 11, 2025

    The incident involving the Kaustubh Kulkarni movement in Moomoo

    September 3, 2025

    Overview of Acquisitions for US Fintech Companies from the Clifford Chance Guide

    September 2, 2025

    Dentons guides PEAC Solutions in acquiring Fintech Topi

    August 29, 2025

    Truckstop.com purchases the denim division of the transport finish company

    August 24, 2025
  • Trends

    Overview of the Size, Trends, Growth Drivers, and Key Players in India’s Fintech Sector

    September 5, 2025

    SEF – Wits Global Fintech Conference 2025 Investigates Worldwide Fintech Trends

    September 4, 2025

    The impressive results of PB Fintech underscore the contrast with overall market trends.

    September 4, 2025

    South Korea’s Fintech Market Overview, Trends, and Growth Predictions

    August 30, 2025

    Vietnam’s fintech market projected to exceed 50 billion USD by 2030.

    August 21, 2025
  • Insights

    A brief overview of the upcoming weekly updates in fintech

    September 12, 2025

    Kapital is the final unicorn in Mexico valued at over $1 billion.

    September 5, 2025

    Canton RestitySteve Forbes and Peter Schiff Headline New Fintech.tv Series Riding Bulls and Taming Bears Led by David Stryzewski New York, NY / Access Newswire / August 25, 2025 / Fintech.tv has unveiled the debut of Bulls and Taming Bears, a series focused on market analysis and…

    August 28, 2025

    Steve Forbes and Peter Schiff Launch New Fintech.tv Series “Conquering Market Fluctuations” by David Stryzewski – Azentral | The Republic of Arizona

    August 28, 2025

    Updates on Blockchain, Fintech, and Finance from Coinlaw

    August 26, 2025
  • Rumors

    Pi Network price hits a new all-time low amid delimitation speculation on OKX and Mexc.

    September 11, 2025

    Tether’s Bitcoin Sale for Gold: CEO Paolo Ardoino Shares the Facts

    September 8, 2025

    Buffalo Sabers encouraged to trade former first-round pick Isak Rosen amid challenges

    September 7, 2025

    Wise aims to establish itself as a bank in the UK.

    September 7, 2025

    Is Trump deceased?

    September 6, 2025
  • Startups

    Startup Fintech Growxcd aims to raise Rs 200 crore in Series B funding.

    September 11, 2025

    South African Fintech Company Finutup Secures $2.6 Million (46 Million Rands) in Funding

    September 11, 2025

    Venturesouq, backed by the sovereign, successfully concludes the second Fintech Fund, highlighting a significant advancement for the Mena startup ecosystem.

    September 10, 2025

    South African Finutup Floor Fineshy Achieves R46M Increase in Scale

    September 10, 2025

    Comparison of RAMP and American Express: Analysis and Market Share of Fintech Startups – News and Data

    September 10, 2025
  • finjobsly
fintechbits
Home » Nigerian fintech startup Sproutly releases version 2; announces strategic partnerships
Startup News

Nigerian fintech startup Sproutly releases version 2; announces strategic partnerships

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Sproutly.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Nigerian startup Sproutly, a financial services platform for educational institutions, has announced the launch of its version two, along with several strategic partnerships designed to enhance benefits for its users.

Founded in June 2021 by Pierre Nwoke, Maxwell Agu and Prince Akachi, initially as a banking app for children, Germination simplifies educational payments, financial management and access to credit, providing schools with cash flow visibility, accurate reporting and financial control.

Educational administrators benefit from different payment methods, simplified access and dedicated support, allowing them to focus on teaching while easing the financial burden on families.

Originally designed for K-12 schools, the first version of Sproutly highlighted areas for improvement, leading to the 14-month development of version two, which was just released. This update expands its scope to include education technology companies, universities, colleges, alumni associations and specialist schools.

“We started banking with children and teens first, and our financial services component for schools and families was a free but revenue-generating marketing strategy to target parents and students – these kids are for most in school nine months a year,” Nwoke, the startup’s CEO, told Disrupt Africa.

“We quickly realized that there was a significant problem to be solved in this area. After measuring the impact, we found that prioritizing financial services over digital banking was a better product-market fit. This made sense because we were still serving the demographic we wanted to help, but with a more data-driven approach and a broader market for introducing new products.

Version two introduces two platforms: the Webapp School dashboard and the Sproutly Mobile app for billing managers. The web app’s main features include advanced billing, payment collection, personalized wallets and a loyalty points system, while the mobile app offers flexible payment options including installment payments, transactions portfolio and multi-manager billing account control. It also includes the Sproutly Cowri Credit program.

“Previously, only civil servants or white-collar workers could access student loans to facilitate the payment of tuition fees. With school fees increasing by up to 100 percent in the last year, many families are facing significant financial burdens, contributing to higher numbers of out-of-school children. The Cowri credit allows students to stay in school while parents repay school fees in monthly installments, similar to paying monthly bills,” Nwoke said.

“As we continued our research and development, we discovered many issues impacting tuition and the quality of education. We aimed to solve these problems step by step. Schools previously spent significant amounts of money on paper billing and manual reconciliation, and many still do not have fully digital operations. This is why we have partnered with key players to provide these schools with effective management tools.

New strategic partnerships include those with Gamp to offer discounted pricing on device protection; Zoho for credits for Zoho’s full suite of workplace management tools; Wellahealth for discounts on healthcare plans; GO54, formerly Whogohost, for discounted email and domain services; and Prembly for discounted screening and background check products.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Startup Fintech Growxcd aims to raise Rs 200 crore in Series B funding.

September 11, 2025

South African Fintech Company Finutup Secures $2.6 Million (46 Million Rands) in Funding

September 11, 2025

Venturesouq, backed by the sovereign, successfully concludes the second Fintech Fund, highlighting a significant advancement for the Mena startup ecosystem.

September 10, 2025
Leave A Reply Cancel Reply

Latest news

Trintech expands collaboration with Workday through an AI-powered financial closure solution.

September 12, 2025

Philippine Digital: Updates on Connectivity and Fintech by Romulo

September 12, 2025

A brief overview of the upcoming weekly updates in fintech

September 12, 2025
News
  • AI in Finance (1,602)
  • Breaking News (168)
  • Corporate Acquisitions (71)
  • Industry Trends (200)
  • Jobs Market News (306)
  • Market Insights (209)
  • Market Rumors (274)
  • Regulatory Updates (166)
  • Startup News (1,047)
  • Technology Innovations (173)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,602)
  • Breaking News (168)
  • Corporate Acquisitions (71)
  • Industry Trends (200)
  • Jobs Market News (306)
  • Market Insights (209)
  • Market Rumors (274)
  • Regulatory Updates (166)
  • Startup News (1,047)
  • Technology Innovations (173)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.