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Bankit MFB Achieves Over ₦100M in Transactions Within Weeks of Launch

January 22, 2025
1 min read
Author: Joyce Onyeagoro

Bankit MFB rapidly achieved ₦100M in transactions and 50,000 users, driving cashless payment adoption and innovating Nigeria’s digital banking.

Bankit MFB, a rapidly growing Fintech company, has announced remarkable achievements within its first few weeks of operation.

The company has successfully registered over 50,000 users on its platform, a testament to its innovative simple banking approach to digital banking with ambitious plans to service a record 500,000 businesses in 2025, Bankit MFB is confident in its competitive edge and cutting-edge technology.

Bankit prioritizes the protection of customers’ funds and is committed to diversifying its digital services to enhance customer experience and Since commencing operations late 2024, Bankit MFB has introduced web banking and other innovative banking products, with more in development.

The financial institution has recorded impressive transaction values, exceeding ₦100 million in the first few weeks of its inception with 50,000 active users, and an impressive 90% transaction success rate.

As one of the driving forces behind cashless payment adoption in Nigeria, Bankit MFB is also engaging partners to expand its loan and gaming services, solidifying its position as a leading platform for comprehensive, simplified banking activities.

Bankit MFB is a fast-growing Fintech company revolutionizing digital banking in Nigeria. With a focus on innovation, customer protection, and financial inclusion, Bankit MFB is poised to transform the banking landscape in 2025.

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