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  2. VFD Microfinance Bank - Wikipedia

    en.wikipedia.org/wiki/VFD_Microfinance_Bank

    VBank (V by VFD or V) is a virtual bank and platform powered by VFD Microfinance Bank and was launched on March 25, 2020. It was created to offer free online banking. [2] [9] [10] [11] Currently, VBank has onboarded more than 500,000 active individuals and businesses on its mobile banking platform across Nigeria.

  3. Moniepoint Inc. - Wikipedia

    en.wikipedia.org/wiki/Moniepoint_Inc.

    In July 2023, the company launched a personal banking service. [ 8 ] [ 9 ] In October 2024, Moniepoint became the eighth unicorn out of Africa after the announcement of a US$110 million in Series C fund raise led by Development Partners International’s African Development Partners (ADP) III fund, Google’s Africa Investment Fund [ 10 ] and ...

  4. Opay - Wikipedia

    en.wikipedia.org/wiki/Opay

    Opay was formerly known as Paycom Nigeria limited. It was established in 2013, and licensed by the Central Bank of Nigeria in 2018. [3] It was insured by the Nigeria Deposit Insurance Corporation. In May 2019, Opay launched its Point of sale service, which was mostly dominant in Nigeria during the naira cash strike. In November 2021 Olu Akanmu ...

  5. Parallex Bank - Wikipedia

    en.wikipedia.org/wiki/Parallex_Bank

    By January 2021, Parallex Microfinance Bank was granted a Commercial Banking Regional operating license to operate as Parallex Bank Limited. [3] As at the time of Parallex Bank's transitioning, it left behind 875 Microfinance Banks in Nigeria, out of which 9 have national licenses, 98 operate at state level, and 768 operate as Unit Microfinance ...

  6. Best Online Banks for Your Money - AOL

    www.aol.com/finance/best-online-banks-money...

    The best online banks now offer a full range of personal financial products and banking services, including checking and savings accounts, money market accounts and CDs, with most having ATM ...

  7. Kuda Bank - Wikipedia

    en.wikipedia.org/wiki/Kuda_Bank

    Kuda, also known as Kuda Technologies Limited, is a Microfinance Bank and fintech company operating in Nigeria and the UK. It was founded by Babs Ogundeyi and Musty Mustapha in 2019. [1] [2] [3] The company initially begun as Kudimoney, or "the bank of the free", an online-only savings and lending platform.

  8. Online banks vs. traditional banks: Comparing rates, features ...

    www.aol.com/finance/online-banks-vs-traditional...

    Benefits of online and digital banking. Higher rates and lower fees. Online banks save a bundle without operating branch locations, and these savings translate into stronger annual percentage ...

  9. 7 best banks for seniors and retirees in January 2025: Ring ...

    www.aol.com/finance/best-bank-accounts-for...

    U.S. Bank is a brick-and-mortar bank with over 2,000 physical branches in 27 states.. As someone who values face-to-face banking, I appreciate U.S. Bank’s extensive network. Plus, it offers a ...