Mint Digital Bank by Finex-MFB Set to Offer Unprecedented Value for Individuals and Nigerian Businesses

August 21, 2020

Mint Digital Bank, a subsidiary of Finex Microfinance Bank has announced that it is set to offer unparalleled value to Nigerians by providing innovative solutions to businesses and individuals who require digital financial services.

This development could not be coming at a better time as businesses and individuals around the country and the world fight to return to normalcy amid the COVID-19 pandemic, with many organizations struggling to provide super-personalized digital experiences for clients and employees.

Mint Digital Bank has developed an efficient digital banking application that aims to reduce risk, improve efficiency and serve customers better.  The leading digital bank in Nigeria will offer value that has never been seen before in the Nigerian financial technology sector, such as:

  • Banking that puts customers in control: The digital platform promises no hidden charges, giving customers the power to decide exactly what kind of banking they need with no surprises or hidden charges.
  • A chance to earn up to 15% interest on money with flexible goal-based savings
  • Personalized money tracking: With the MyMintApp (Android , IOS, Web) customers can monitor inflow and outflow, check-spending limits, lock cards and simply plan ahead.
  • Financial inclusion: The bank would provide financial services to underserved groups such as low-income earners.  Mint digital bank would help individuals and businesses to secure financial products and services at economical prices. Such services would include deposits, fund transfers, bill payments, payments, etc.

It can be recalled that at the 19th edition of the National Seminar on Banking and Allied Matters for Judges, organized by the Chartered Institute of Bankers of Nigeria (CIBN), the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, asserted that “Digital finance can deliver enormous benefits, not just for the payments system but also for the financial wellbeing of the citizenry and the economy at large. It improves competition, increases efficiency and revolutionizes financial services,”

This forecast is fast turning out to be true with the introduction of such innovations as Mint Digital Bank, which will allow customers open an account without a paper trail, transfer money, request money from Mint customers, pay bills, top-up phone calling cards, fund virtual cards, set up recurring payments, pay back loans, all through the bank’s mobile application and avoiding both queues and bank charges.

The digital initiative promises to further shrink the gap between traditional banks and financial technology firms in Nigeria.

You'll like this

March 10, 2020

We spend the bulk of our time at work slaving for the man, therefore, it’s only right that you have office husband. Someone that makes time pass a little bit faster at work. Also, someone, you can confide in and gossip with. Follow this complete guide to get your own office husband today: 1) Get […]

September 1, 2020

This has to be one of the top 10 worst things that could ever happen to a person. Imagine you’re on a bus and you touch your pockets/check your bag and realise that you left your wallet/purse sitting on the dining table. Now the conductor is collecting money line by line and he’s almost at […]

Astor George

Join The Conversation

Bring a friend.

Watch

Now on Zikoko

September 30, 2020

I wasn’t a big Runtown fan until I listened to a shitload of his songs for this Ranked. He’s actually got a great body of work, so I ranked his top ten best songs. Here you go: 10. Baby Answer “Girl my love for you be like kilimanjarooo…” and then the rhymes that follow. 2014 […]

September 30, 2020

Everyone takes naps. Every adult loves naps. Naps are like vegetables. You hate them when you’re a kid, but you know they’re absolutely essential when you get older. Many naps are ordinary, but some naps are sent from God as a reward for good deed. Those ones will have you feeling like this 1. You […]

September 30, 2020

African women have had a complex relationship with birth control, so we ask 10 African women, to tell us their experiences using birth control. Ann; 26, Zambia I don’t like taking medicine unless it’s really necessary, and I barely finish my courses so I knew the pill was a no. I didn’t like the idea […]

September 30, 2020

Going to the beach is a Nigerian favourite past time, especially for people who live in cities close to one. People go there for all sorts of reasons. It won’t be strange to find these 5 types of people at the beach. 1. People who just want to chill You’ll recognise them with their sunshades […]

Recommended Quizzes

March 24, 2020

While we know that a lot of the best Nigerian artists deservedly have fans across generations, that won’t stop us from attempting to guess how old you are based on your taste in Nigerian music. So, take this quiz to see if we got it right:

October 10, 2019

2019 is certainly Burna Boy’s year, but, if we are being honest, so was 2018. Since his transcendent mixtape, Outside, the afro-fusion star has refused to get his foot of our necks — dropping a string of fantastic singles and then capping it all off with his career-best album, African Giant.  So, in a bid […]

December 5, 2019

We already tried to guess how much you have in your account and your current net worth, and we think we did a pretty great job (keep any complaints to yourself). Now, we’re going to try and guess your monthly salary based on your relationship with money. Oya, take the quiz: 11 Quizzes For Nigerians […]

November 12, 2019

Are you a single pringle, stuck in a complicated situationship or happily married to the love of your life? This quiz is here to guess your current relationship status, and as you know, Zikoko quizzes are incredibly accurate (don’t quote us). So, give a shot:

November 27, 2019

Do you have a face that could make angels jealous, or should you really be walking around with a nylon bag over your head so you don’t scare children? Well, this quiz is here to answer that by telling you exactly how good-looking you are. Take and find out: 11 Quizzes That’ll Separate The Ajepakos […]

What are you like in a relationship?
February 7, 2020

Your taste in music can say a lot about you, and this time, it’s going to reveal what you are like in a relationship. So, pick a few of your favourite Nigerian love songs, and we’ll let you know if you’re typically a distant, passionate or unbothered partner. Here you go:

More from Money

September 28, 2020

Tell me about the day you knew something wasn’t right.  I woke up in the middle of the night feeling funny. I’d slept like two hours earlier, but something woke me up. I decided to check my blood pressure  – I’m hypertensive.  Wait, how old are you?  27 soon. Anyway, I checked my BP, and […]

September 24, 2020

Being a corps member has to be one of the most stressful phases in the life of a Nigerian youth. And you know what makes it all the more stressful? The money aspect. It is never enough. 1. The struggle of waiting for allowance every month. Especially when it’s already 20-something on the calendar and […]

September 17, 2020

Recently, I had an interesting money situation where a friend defaulted on a loan. From the lies to the silence, I felt somehow. Especially because of the lies and fake anger. I assumed that a friend wouldn’t treat me like that. Motivated by my experience, I went asking people for their own money experience. Here’s […]

Watch

Trending Videos

Zikoko Originals

June 22, 2020
'The Couch' is a Zikoko series featuring real life stories from anonymous people.
June 22, 2020
Hacked is an interesting new series by Zikoko made up of fictional but hilarious chat conversations.
June 4, 2020
What happens when a group of chatty young Nigerians talk about things they're passionate about? You get Nigerians talk. A show that discusses very familiar struggles for the average Nigerian. From relationship deal breakers to sex education with Nigerian parents to leaving Nigeria, be prepared for a ride.
June 2, 2020
Quickie is a video series where everyone featured gets only one minute to rant, review or do absolutely anything.
May 14, 2020
Isolation Diary is a Zikoko series that showcases what isolation is like for one young Nigerian working from home due to the Coronavirus pandemic.
March 12, 2020
Life is already hard. Deciding where to eat and get the best lifestyle experiences, isn't something you should stress about. Let VRSUS do that for you.
February 6, 2020
Who doesn't want to find love? In our bid to help, we paired up a bunch of single Nigerians, sending them on an all-expense paid date, and interviewing them before and after they met.
January 27, 2020
Nigerians Talk is what happened when a motley crew of young Nigerians were put in front of a camera and asked a bunch of apparently random questions about life, love, money and more.
September 24, 2019
A group of Zikoko staff go on a road trip to every mainland country in ECOWAS West Africa

Z! Stacks

Here's a rabbit hole of stories to lose yourself in:

Zikoko amplifies African youth culture by curating and creating smart and joyful content for young Africans and the world.
X