UK-based Fintech Platform Ceviant Goes Live in Nigeria

Ceviant, the UK-based fintech platform offering transformative cash management solutions for emerging market businesses, announces it has launched in its first emerging market, Nigeria, as it goes live with its website.

Ceviant is a financial technology company that delivers a broad range of treasury and trade solutions to a large and diversified client base, including corporates and multinationals, SMEs, importers, and exporters.

The company acts as a B2B SaaS (Software as a Service) platform that simplifies liquidity management for corporates. It has developed a proprietary cloud-based treasury management software that enables businesses to aggregate all their banking payments in one place.

The company is FCA regulated in the UK and has also received Approval In Principle licences in Nigeria. It has also been awarded ISO accreditation and recently been accepted to join the SWIFT partner programme to create real value for customers while streamlining their multi-banking transactions to improve efficiency. Ceviant has also secured four new banking partners in Nigeria and plans to further expand its partner network across Africa and the UAE. The company’s go-to market strategy includes SMEs, large corporates, and intermediaries to these businesses, such as the leading accountancy firms.

Commenting on the announcement, founder of Ceviant, Idris Alubankudi Saliu, said: "Corporates of all sizes have many challenges, including being able to manage their cash and access working capital and trade finance solutions to support their operations. We're a new but key player in the market, aiming to solve the complexity around the way African companies traditionally manage their banking solutions by providing our integrated services in one place. We simplify processes and facilitate financial inclusion, with compliance and security at the heart of everything we do. This is a large and generally untapped market for our products and services, and we are extremely excited for customers to interact with our newly functional website. We look forward to the future and creating value for our stakeholders."