Building fintech products that truly empower users – Chidinma Ndego 

Real financial empowerment in emerging markets does not come from the most advanced algorithms or feature lists. It blossoms when technology is coupled with real human insight. As a designer who has worked on creating financial products for underserved populations in Africa, I have seen that the real power of impact comes from empathy built into reality, extending far beyond the lines of code. 

It begins with listening profoundly. One of the first projects I worked on was a digital lending project. During user interviews, we discovered an important insight early in my career: borrowers were more worried about opaque processes than they were concerned about speed. We turned suspicion into trust by putting emphasis on open tracking of loans and obvious terms of repayment, which resulted in a major boost in user acquisition and sustainable borrowing. This made me learn that clarity is not a privilege but a basic requirement of people who were never allowed to be part of formal finance. 

Another complexity was introduced by targeting savings behaviour among the young Nigerians. Analytics indicated that there were sign-ups, although follow-through was poor. The breakthrough was not to add more savings options, but insight into the emotional experience. The process of saving seemed lonely and massive. The basic form of social accountability, saved in groups, challenged the original engagement. The retention and overall savings skyrocketed, proving that human connection is more efficient at modifying behaviour compared to isolated digital tools.

Serving unbanked micro-entrepreneurs required confronting the limitations of traditional systems. Legacy credit scoring models just did not match their realities. The answer was not in technical complexity, but in having a radical context-sensitive design. The use of alternate data points, such as transaction patterns, enabled access by users who could not be seen by the system in the past. This was not only an innovative idea, but a needed gesture of inclusion, as relevant design opens doors. 

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These experiences distil central values to human-centred fintech in emerging markets. First, listen beyond the stated need to understand cultural perspective and emotional challenges. The remittance user in a rural village may value certainty and transparency more than the bare speed of transaction. Second, be proactive for limitations such as intermittent connectivity or different levels of digital literacy – offline modes and intuitive visual cues are the key. Last but most important, solve for dignity. Each encounter must affirm the user as an agent and as somebody of value, overriding the loss of confidence that financial exclusion generates. 

Success is not defined by technological novelty, but by concrete amelioration in the financial lives and sense of possibility in users. This adherence to empathy-driven design is the transformative power of fintech in regions such as Nigeria, where millions of people are excluded from the formal system. It implies developing not only with users in mind, but also with the realities of the users at the core. The most empowering feature is always the user’s own renewed confidence and opportunity.

Chidinma Ndego is a Product Leader and fintech innovator focused on inclusive financial solutions across Africa. Her expertise lies in human-centred design for underserved communities, driving impact through platforms focused on savings, lending, and payments.