Bankit MFB Showcases Fintech Innovation at GITEX Africa
Bankit Microfinance Bank, Nigeria’s fast-rising digital bank, recently showcased its innovation journey at GITEX Africa, one of the continent’s largest platforms for technology and innovation. The bank, licensed by the Central Bank of Nigeria (CBN) and insured by the NDIC, has been in operation for just eight months but has already become a trusted name in microfinance and digital banking.
The bank’s vision is clear: to make everyday banking simpler, safer, and more rewarding for Nigerians.
What Bankit Offers Nigerians
Bankit MFB provides services designed to solve some of the challenges Nigerians face with traditional banking. These include:
Seamless Digital Banking: Users can perform transactions quickly without the stress of queues or paperwork.
Free Transfers: Customers save money on transfer charges, which is a huge relief for everyday banking.
Biometric Security: Added protection ensures accounts are safer against fraud.
Gamification Strategies: By turning banking into an engaging experience, users are rewarded for active participation.
These features are not only modern but also make financial services more accessible to underserved communities.
Growth and Expansion Plans
According to Bankit’s Chief Operating Officer, Simpa Yekini,
“At Bankit, we are reimagining what it means to bank in Nigeria. Our rapid growth validates the demand for secure, technology-driven banking solutions.”
He added that the bank aims to grow its user base to over one million Nigerians within the next 12 months, showing a strong commitment to inclusivity and accessibility.
“Digital banking is no longer a luxury but a necessity. With Bankit MFB, Nigerians can now enjoy free, secure, and seamless financial services that empower individuals and small businesses to thrive.”
How Nigerians Can Benefit
Nigerians can take advantage of Bankit’s services by opening an account through its mobile platform. This allows them to enjoy free transfers, secure banking, and the convenience of handling finances without unnecessary stress. For small business owners and individuals in underserved areas, this could mean easier access to savings, loans, and financial growth opportunities.
Bankit MFB’s participation at GITEX Africa signals a brighter future for Nigeria’s fintech industry. With its focus on innovation and inclusivity, the bank is not only reshaping how Nigerians interact with money but also bridging the gap for the unbanked population.
