Carbon—one of the leading Nigerian digital financial services platforms—has announced the official launch of a new product called "Carbon Nexus." Carbon Nexus is a modern financial tool that helps Nigerian businesses streamline how they collect payments, reconcile payments, and manage funds. It's an innovative payment collection and management solution that's built to offer improved transparency, control, and assurance in handling a business's finances.
Carbon Nexus's launch was announced at Lagos Startup Week, where the company CEO Ngozi Dozie highlighted how challenging it can be for businesses to be struggling financially because they lack clear information about their payments—like who sent the money, when it arrived, or the exact amount. She said Carbon Nexus aims to solve this by offering what the ""4Cs"—Clarity, Control, Convenience, and Confidence.
Too many businesses lose money because they can’t see who paid, when, or how much. With Carbon Nexus, we’re giving business owners what we call the 4Cs — Clarity, Control, Convenience, and Confidence — so they can collect smarter and grow faster.
said Ngozi Dozie, CEO of Carbon.
Features of Carbon Nexus
The Carbon Nexus is simple, with no coding and no paperwork, no stress, and a powerful solution for diverse businesses, and it is flexible for customers. Here are the features of Carbon Nexus:
- Real-time payment tracking—you see who paid into your business account, when the payment was made, and how much was paid instantly.
- Virtual account creation—your business gets to generate unique virtual accounts for each customer.
- Flexible payment collection—your business can accept bulk, staggered, or installment payments from customers.
- No paperwork or coding required—Carbon Nexus has an easy sign-up interface and process that takes just minutes.
- Live transaction monitoring—you can view incoming payments as they happen.
- Credit option for trusted customers—your business can offer delayed payments while maintaining cash flow at the same time.
- Works for various industries—This product is ideal for retailers, estate managers (collecting rent, dues, or project funds), schools (accepting tuition in parts), event planners, churches or clubs (collecting deposits or pledges), and tech startups (building financial functionality into their apps without a banking license).
- No banking license needed—you can seamlessly enable integration of financial functionality in your apps without obtaining a regulatory license from the Central Bank of Nigeria (CBN)
- Supports the “4Cs”—Lastly, the Carbon MFB new product offers 4Cs: Clarity, Control, Convenience, and Confidence in payment processes.
How Carbon Nexus Works
Carbon Nexus simplifies business payments by offering virtual accounts for each customer, real-time transaction tracking, and flexible payment options. This helps eliminate confusion around who paid, when, or how much—saving business owners both time and money. Whether it’s a small brand collecting deposits, a school accepting tuition in installments, or an estate manager handling rent and dues, Carbon Nexus is built to support diverse payment needs with accuracy and ease.
In addition to that, this new Carbon MFB product is designed for convenience; businesses can get started in just minutes—no coding, paperwork, or technical setup required. Once onboarded, they can generate virtual accounts, share payment info with customers, and track payments as they come in. The platform also supports offering credit to reliable customers, but that is done through the Carbon Loan App.
Conclusion
Carbon Microfinance Bank is changing the way Nigerian businesses handle their finances with the launch of Carbon Nexus. It’s designed to help entrepreneurs take control, manage money more easily, and focus on growing their business. Carbon Nexus is now up and running for businesses and startups across the country. To learn more or get started, just send an email to sme@getcarbon.co.
