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  2. 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 ...

  3. 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 ...

  4. List of banks in Nigeria - Wikipedia

    en.wikipedia.org/wiki/List_of_banks_in_Nigeria

    Globus Bank Limited [4] Parallex Bank Limited; PremiumTrust Bank Limited; Providus Bank Limited; SunTrust Bank Nigeria Limited; Signature Bank Limited [5] This is a list of non-interest banks in Nigeria, arranged alphabetically: [1] Jaiz Bank Plc; Lotus Bank [6] TAJBank Limited [7] [8] This is a list of Microfinance Banks in Nigeria: [1] Mutual ...

  5. Moniepoint Inc. - Wikipedia

    en.wikipedia.org/wiki/Moniepoint_Inc.

    Moniepoint (formerly TeamApt) is a Nigerian fintech company based in Lagos that provides banking services and loans via an online banking app. The company was founded by Tosin Eniolorunda and Felix Ike in 2015. In November 2024, Bayo Olujobi was appointed its Chief Financial Officer (CFO) to aid the bank's vision to improve financial inclusion ...

  6. 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.

  7. Online banks vs. traditional banks: How they compare on rates ...

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

    If your earnings tend to come as cash — whether tip money, bonuses or consulting fees — your options for deposits are limited. Some online banks partner with third-party services like Green ...

  8. Wema Bank - Wikipedia

    en.wikipedia.org/wiki/Wema_Bank

    Wema Bank Plc is a Nigerian commercial bank.It is licensed by the Central Bank of Nigeria; the regulator of the nation's banking sector. As of 2019, Wema bank operates the largest digital banking system in Nigeria, ALAT By Wema, which is fully in use in all of the nation's thirty six states and the Federal Capital Territory

  9. 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.