Building Nigeria's Leading Financial Comparison Platform

🏦Obón provides a financial comparison platform for microloans in Nigeria, where interest rates are extremely high.

🔍The platform allows users to compare rates and find the best provider that meets their needs.

🎓Obón offers financial education programs to empower individuals with knowledge about personal finance.

💳They also provide credit portability tools, helping customers access better financial products.

🦄Obón is backed by a team of unicorn founders and investors, and has the support of the Harvard community.

What is Obón?

—Obón is Nigeria's leading financial comparison platform, helping individuals find the best rates for microloans and other financial products.

What services does Obón offer?

—Obón offers a suite of financial products, including financial education programs and credit portability tools.

Why are microloan interest rates in Nigeria so high?

—Microloan interest rates in Nigeria can be as high as 35% per month due to various factors, including high default rates and limited competition.

How does Obón empower individuals?

—Obón empowers individuals by providing them with the information and tools they need to make informed financial decisions and improve their financial well-being.

Who supports Obón?

—Obón is supported by a team of unicorn founders and investors, as well as the Harvard community.

00:00Introduction: Meet the founders of Obón, Matt and Haley, who are sophomores at Harvard College.

00:09Overview of microloans in Nigeria: Every year, 45 million people in Nigeria take microloans with interest rates ranging from 15 to 35% per month.

00:24The impact on families and small business owners: The high interest rates on microloans can be debilitating for families, students, and small business owners.

00:32What Obón offers: Obón provides a financial comparison platform that allows users to find the best rates for microloans and other financial products.

00:46Additional financial products: In addition to financial comparison, Obón offers financial education programs and credit portability tools.

00:59The team behind Obón: Obón is backed by a team of unicorn founders and investors, and has the support of the Harvard community.