Diamond Bank Former C.E.O.Launches Sparkle, a Nigerian digital platform providing financial services



The Mr. Dozie Uzoma, former Chief Executive Officer of Diamond Bank recently launched Sparkle, a Nigerian digital platform providing financial, lifestyle and business support services to Nigerians around the world sequence to the banking license granted to the start up from the Central Bank of Nigeria (CBN).


Sparkle offers comprehensive support for its users via its Android and IOS mobile application. The Company’s financial offers provide flexible payments, savings and analytics to provide flexibility and control over one’s finances and lifestyle.


Sparkle’s users will be provided with visibility over spending patterns, with a detailed breakdown of payments by category. Tools such as Sparkle Stash, a savings tool aimed towards specific goals, are included. Users will also have the ability to split payments, make utilities and bill payments.


Furthermore, they will be able to send and receive money in the Sparkle network and with other local banks. Customers will also have access to Indy, the platform’s financial and customer services chatbot.


The founder of the digital platform, Mr Uzoma Dozie  is now a tech investor and financial inclusion advocate. He currently runs an online TV show on tech entrepreneurs, Tech Turks and tech event, TechFest in Lagos, Nigeria.


Dozie said at the launch: “Sparkle will be transformational for Nigerians across the globe and I am hugely excited to be launching it today. Sparkle is redefining Nigerian commerce by merging financial services with a seamless lifestyle solution.


We are removing barriers using technology and data, driving inclusion at scale. In doing so, we are empowering Nigerians to fulfill their potential, democratizing access to valuable solutions for both business and personal needs.”


On another note, Sparkle will partner with VISA, Microsoft and PwC Nigeria to achieve its vision of redefining Nigerian commerce. According to Dozie, the partnerships will provide industry-leading expertise in APIs, cloud computing, data science, machine learning, tax and financial advisory services for the benefit of Sparkle’s customers.


The launch of Sparkle comes at a time when most of Nigeria’s population has mobile connectivity, with 39% having access to mobile broadband connections. The country also has a young and growing population with social networks forming part of their everyday life.


The impact of the COVID-19 pandemic continues to be felt across Nigeria, accelerating the transition to more digitally enabled lifestyles. As such, there is a real opportunity for digital-only propositions like Sparkle to meet Nigeria’s needs, for individuals and small businesses to remain connected and thrive, both now and in the future.

About the author

Joseph Chukwuma Oputa

Joseph Chukwuma Oputa is the Managing Editor of Maslow Businessnews and Physicians News publications published by Maslow Business News Publications, Lagos, Nigeria.

Joseph Oputa is a proud Alumnus of the prestigious Nigerian Institute of Journalism, Lagos and Federal Polytechnic, Bida, Niger State.

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