Kolomoni Launches Free Transfers for Young Nigerians in New Campaign
Kolomoni Free Transfers for Under 25s in New Campaign

Kolomoni, a digital banking platform backed by CapitalSage Holdings, has officially launched a new customer-focused campaign named "Take Control with Kolomoni," introducing free bank transfers for users aged 25 and below. The initiative, unveiled at a launch event attended by customers, business partners, stakeholders, and media representatives, aims to expand Kolomoni's reach and attract young Nigerians to its digital banking services.

Free Transfers for Young Users

The key attraction of the campaign is the introduction of free bank transfers for customers aged 25 years and under, subject to terms and conditions. This offer is part of Kolomoni's broader strategy to deliver affordable financial services and encourage greater financial inclusion among Nigerian youth. According to a report by Vanguard, the initiative is designed to showcase Kolomoni's growing range of digital financial products while reinforcing its commitment to making banking simpler, more secure, and more rewarding for individuals, businesses, and organisations.

Kolomoni's launch comes at a time when Nigeria's fintech sector is processing an estimated N1.2 quadrillion in electronic transactions in 2025, according to Central Bank of Nigeria (CBN) figures. This highlights the growing importance of digital banking in the country and the potential for platforms like Kolomoni to capture a significant share of the youth market.

Wide Pickt banner — collaborative shopping lists app for Telegram, phone mockup with grocery list

Executives Reaffirm Commitment to Innovation

Speaking at the event, John Alamu, Group Managing Director of CapitalSage Holdings, emphasised Kolomoni's evolution in response to changing customer needs. "Kolomoni's journey has been defined by resilience, innovation, and a relentless commitment to serving our customers. As the financial landscape continues to evolve, so have we. Our commitment remains to build solutions that meet the changing needs of individuals, businesses, and communities while driving greater financial inclusion," Alamu stated.

Samirah Ade-Adebiyi, Managing Director of Kolomoni, added: "Kolomoni is designed to serve the financial needs of individuals, businesses, and organisations through innovative, secure, and accessible solutions. Every product and service we offer is built around making banking simpler, smarter, and more rewarding for our customers."

Celebrity Ambassadors Unveiled

A major highlight of the event was the unveiling of Kolomoni's South-West brand ambassadors, featuring Nollywood actor Odunlade Adekola, comedian Ayo Ajewole, and entertainer Adeyemo Enoch. The trio will help drive awareness of the brand across the South-West region and promote Kolomoni's products to more Nigerians. Their involvement is expected to boost the campaign's appeal among young audiences, leveraging their popularity and influence.

The launch also featured live product demonstrations, customer engagement sessions, and interactive experiences that gave attendees a closer look at Kolomoni's expanding suite of digital banking solutions. These activities were designed to showcase the platform's capabilities and foster a deeper connection with potential users.

Expanding Access to Digital Banking

In his closing remarks, Nath Ude said the campaign reflects Kolomoni's commitment to continuous innovation and customer satisfaction. He noted that the company will continue developing products that respond to evolving customer needs while equipping individuals, businesses, and organisations with the financial tools needed to better manage their finances. "We are dedicated to providing solutions that make banking accessible and rewarding for all Nigerians," Ude added.

Backed by CapitalSage Holdings, Kolomoni says it remains focused on expanding financial inclusion by delivering accessible, technology-driven banking services to Nigerians. The platform's new campaign is a significant step in this direction, targeting the youth demographic with tangible benefits like free transfers.

Pickt after-article banner — collaborative shopping lists app with family illustration

Regulatory Context

This development follows recent regulatory changes in Nigeria's fintech sector. The Central Bank of Nigeria (CBN) has introduced sweeping new regulations targeting major digital payment companies, including OPay, Moniepoint, PalmPay, Paystack, and Flutterwave, as part of a broader effort to tighten oversight and deepen financial inclusion. The reforms, released between March and June 2026, focus on market concentration, operational ring-fencing, ownership disclosure, financial holding structures, and anti-money laundering (AML) compliance.

These regulations come as Nigeria's fintech sector processes an estimated N1.2 quadrillion in electronic transactions in 2025, according to CBN figures. Kolomoni's campaign aligns with these regulatory trends, aiming to offer secure and compliant services while attracting a younger customer base.

As Kolomoni rolls out its "Take Control" campaign, the platform is poised to make a significant impact on Nigeria's digital banking landscape, particularly among the youth. With the support of celebrity ambassadors and a clear focus on innovation, Kolomoni is set to enhance its market presence and contribute to the country's financial inclusion goals.