Fintech Pioneer Bankly Launches Microfinance Bank to Empower Nigerians | Cliptv Online

By Abraham Adaranijo

In a groundbreaking move, Bankly, the renowned Fintech company specializing in POS payment processing, has taken a significant step forward by announcing the launch of Bankly Microfinance Bank. This milestone event marks a pivotal moment in Bankly’s mission to provide accessible financial solutions to individuals and businesses across Nigeria.

The launch ceremony, held in Lagos, witnessed the presence of lifestyle influencers, journalists, and esteemed Bankly customers. During the event, guests were given an exclusive preview of the newly introduced Group Savings features within the Bankly App, setting the stage for innovative financial solutions.

Bankly’s journey commenced in 2019, driven by a vision to address the financial challenges faced by groups of individuals saving collectively in local markets. These enterprising small business owners lacked access to formal banking institutions but sought a secure place to save their hard-earned money from daily sales.

Expressing her excitement, Co-founder and CEO of Bankly, Tomilola Majekodunmi, stated, “We are thrilled to announce the launch of Bankly Microfinance Bank. At Bankly, our unwavering commitment has been to simplify financial processes and alleviate the pain points faced by everyday people through a diverse range of financial products and services. With the establishment of Bankly Microfinance Bank and the introduction of the group savings feature on the Bankly app, we have taken this commitment a step further, making it easier for everyday Nigerians to save, invest, and spend without hassles.”

Bankly’s dedication to innovation is evident in every aspect of its offerings. The new developments, including the group savings feature, open new avenues for customers to access unique, safe, and seamless savings, investment, and payment facilities. Uwem Ekanem, Vice President of Marketing at Bankly, emphasized, “Every product, service, and feature at Bankly is designed to empower customers with convenient access to reliable and secure savings, investment, and payment options—and the latest developments at Bankly continue this tradition.”

The launch of Bankly Microfinance Bank represents a bold stride in Bankly’s vision to empower Nigerians with financial inclusivity and freedom. As the company continues to revolutionize the Fintech landscape, it solidifies its position as a leading force in reshaping Nigeria’s financial ecosystem for the better.