ADVERTISEMENT

Mint Digital Bank by Finex-MFB set to offer unprecedented value for individuals and Nigerian Businesses

Mint Digital Bank has developed an efficient digital banking application that aims to reduce risk, improve efficiency and serve customers better.

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

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 digital bank in Nigeria will offer value that has never been seen before in the Nigerian financial technology sector, such as:

ADVERTISEMENT

· 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 (Andoid , 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, current account opening, online banking etc.

ADVERTISEMENT

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 well-being 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.

ADVERTISEMENT

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

This is a featured post.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

NAFDAC debunks report that it doesn't have testing lab for food fortification

NAFDAC debunks report that it doesn't have testing lab for food fortification

Speaker Abbas appoints Prof Dan-Azumi as Chief of Staff

Speaker Abbas appoints Prof Dan-Azumi as Chief of Staff

Nigeria's First Emeritus Professor, Umaru Shehu, dies at 97

Nigeria's First Emeritus Professor, Umaru Shehu, dies at 97

Tribunal upholds election of  Gov Ahmadu Fintiri, dismisses SDP petition

Tribunal upholds election of Gov Ahmadu Fintiri, dismisses SDP petition

PDP wins as tribunal sacks Gov Abdullahi Sule of Nasarawa State

PDP wins as tribunal sacks Gov Abdullahi Sule of Nasarawa State

Nigerians abroad warned to stop wishing ill on those in homeland

Nigerians abroad warned to stop wishing ill on those in homeland

BOA working on recovering ₦243 million loan from 150 debtors - Official

BOA working on recovering ₦243 million loan from 150 debtors - Official

Abia youths accuse Alex Otti of spending state funds on Peter Obi

Abia youths accuse Alex Otti of spending state funds on Peter Obi

Garba Shehu defends Buhari's legacy admist criticism from First Lady Remi Tinubu

Garba Shehu defends Buhari's legacy admist criticism from First Lady Remi Tinubu

Pulse Sports

Ronaldo did not chase me out of Al Nassr — Vincent Aboubakar

Ronaldo did not chase me out of Al Nassr — Vincent Aboubakar

Bukayo Saka: Arsenal star celebrates Nigerian Independence Day

Bukayo Saka: Arsenal star celebrates Nigerian Independence Day

Osimhen can succeed Messi, Ronaldo — Jose Peseiro

Osimhen can succeed Messi, Ronaldo — Jose Peseiro

Super Falcons: Alozie, Plumptre lead Nigeria's 63rd Independence Day celebrations

Super Falcons: Alozie, Plumptre lead Nigeria's 63rd Independence Day celebrations

Napoli social media executive resigns amidst Osimhen TikTok saga

Napoli social media executive resigns amidst Osimhen TikTok saga

I still love guys - Super Falcons' Michelle Alozie reacts to lesbian rumour

I still love guys - Super Falcons' Michelle Alozie reacts to lesbian rumour

ADVERTISEMENT
ADVERTISEMENT