Sole Limited is set to make significant waves in the financial sector as it prepares to launch its innovative e-wallet service. Originally founded as the world’s first savings platform, Sole has already managed to capture a sizable portion of the market with over 17,000 customers and more than $3 million processed in transactions over a mere six-month period.
Bridging Financial Gaps
Under the leadership of CEO Mereia Volavola, Sole’s expansion into e-wallet services aims to further bridge the gap in financial services access, especially in regions where connectivity poses challenges. By leveraging the capabilities of Starlink services, Sole is committed to reaching underserved rural areas, playing a crucial role in providing financial inclusion.
Remarkable Growth and Trust
The numbers speak for themselves. From May to November 2023, Sole witnessed a 367.9% increase in savings, illustrating a notable trend of financial prudence among its users. This growth underscores the emerging culture of saving and smart financial management within the Fijian community. Simultaneously, the number of users signed up grew by 104.7% during the same period, further demonstrating its widespread appeal.
Expanding Horizons
To facilitate the e-wallet service’s seamless integration, Sole has collaborated with over 100 merchants and two international remittance companies. This strategic partnership positions Sole as a powerhouse in the evolving financial landscape. One of the distinguished features includes the app’s adaptability across all devices—from smartphones to personal computers—ensuring accessibility for all users.
A Safe and Secure Platform
Sole’s dedication to user security is evident in its meticulous cyber protection measures, maintaining reliability with zero technical glitches and ensuring no loss of funds. With these robust security features, Sole stands poised to redefine industry standards, offering a compelling choice for users seeking secure, convenient, and low-cost financial transactions.
A Promising Future
The introduction of the e-wallet feature places Sole on an exciting trajectory. It serves not only as a testament to its innovative capabilities but also as a catalyst for financial empowerment and stewardship among its customers.
As stated in Fiji Sun, Sole Limited is not just pioneering a new product but is also building a brighter, more financially inclusive future for Fijians and potentially expanding its influence globally.