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Promise Card
Information by Research TrustFinance
Promise was founded by Phaedra Ellis-Lamkins and Chris McLernon to address the challenges people face when paying government debt and the difficulties governments have in collecting it. The company provides a technology platform that enables governments to offer interest-free, customizable payment plans, making it easier for residents to pay what they owe over time. This approach aims to increase government revenue collection, reduce the negative consequences of non-payment (like license suspensions or utility shut-offs), and provide a more humane and efficient system for both parties.
Nigeria
Industry
Financial