We are excited to have joined hands with Angaza, a leading provider of software technology designed specifically for last-mile distribution businesses. NuovoPay is on a mission to revolutionize the smartphone financing industry with its innovative device locking technology that de-risks device financing and this partnership with Angaza is a step towards this goal.
Angaza’s mission is to provide last-mile distributors with the technology they need to scale their businesses and connect underserved consumers in emerging markets with life-changing products. Angaza enables distributors to sell any product, ranging from solar home systems to feature-rich smartphones, through a variety of convenient billing models (including pay-as-you-go) that eliminate the need for traditional credit or other conventional banking services. These payment methods help mitigate up-front product costs for consumers, expanding access to sophisticated devices that are in high-demand within last-mile markets. Angaza’s inventory and sales management features also allow distributors to track and monitor their stock and in-field sales activities with ease. Angaza’s software platform serves over 200 distributors of life-changing products across 50 countries.
Distributors use the Angaza platform and app to manage the sale of life-changing products such as smartphones
NuovoPay’s remote device locking technology aims to make device financing easy, secure and streamlined. To that end, it is designed to address many of the common challenges smartphone distributors face in last-mile markets. The NuovoPay and Angaza partnership represents an effort to eliminate the risks associated with device financing for mobile technology distributors while simultaneously increasing technology accessibility in underserved markets.
“While curbing the digital divide with increasing smartphone accessibility is crucial in emerging markets, we understand that the risks of device financing are huge for telecom carriers as well as smartphone distributors. We are excited to start a relationship with Angaza to lower the risk of device financing for smartphone distributors,” said Mr. Sriram Kakarala, VP-Mobility at NuovoPay.
Joining hands with NuovoPay will enable Angaza to equip their smartphone distributors with sophisticated locking technology that addresses concerns related to payment remittance and device recovery. As a result, more last-mile distributors will be empowered to confidently expand their product portfolios and offer feature-rich mobile devices to low-income consumers. For consumers who do not have a prior credit history, or enough visibility into banking to avail financial assistance for smartphones, expanded access to this life-changing technology can be groundbreaking.
Angaza creates the technology that enables businesses to offer life-changing products to anyone, anywhere. With a technology solution designed for emerging markets, Angaza is revolutionizing last-mile distribution by removing upfront price barriers, enabling 1 billion consumers in emerging markets to pay for life-changing products like solar home systems, smartphones, water pumps and clean cookstoves, in affordable amounts.
To learn more, visit: https://www.angaza.com/.