Bankit MFB Engages Partners to Expand Loan, Gaming Services

Bankit Microfinance Bank (MFB), to grow its loan and gaming services.

The firm said this is one of its targets for 2025 to solidify its position as a leading platform for comprehensive, simplified banking activities after it recorded remarkable growth in 2024 with different milestones as a result of its competitive edge and cutting-edge technology.

The digital financial services provider said it was already talking to its various partners on how to ensure customers get more access to credit facilities for different needs.

It said nothing would be spared to revolutionise digital banking in Nigeria, especially with a focus on innovation, customer protection, and financial inclusion.

Last year, Bankit MFB, within its first few weeks of operations, successfully registered over 50,000 users on its platform, a testament to its innovative simple banking approach to digital banking.

This year, the small lender has an ambitious plan to increase this by 900 per cent to a record 500,000 businesses in 2025.

Business Post gathered that in 2024, the financial institution recorded impressive transaction values, exceeding N100 million, with an impressive 90 per cent transaction success rate.

Since joining the business, it has introduced web banking and other innovative banking products, with more in development.

With the financial services sector not immune to fraud, Bankit MFB said it prioritises the protection of customers’ funds, expressing its commitment to diversifying its digital services to enhance customer experience.

Bankit MFB is a financial institution licenced to operate in the country by the Central Bank of Nigeria (CBN), which is dedicated to providing innovative, customer-centric financial solutions to individuals and others.