Digitvant Microfinance Bank has unveiled a bold vision to deepen financial inclusion and drive grassroots economic growth through digital innovation and inclusive lending, with the empowerment of over 50,000 entrepreneurs marking a key milestone in its journey since licensure.
Addressing journalists at a media briefing in Lagos, the bank’s Managing Director, Florence Ogunyamoju, said it is positioning itself as a tech-enabled, people-first financial institution focused on the informal sector, SMEs, and unbanked Nigerians.
“We are not just providing financial services; we are building dignity, unlocking potential, and creating pathways for prosperity. Inclusive finance is not a privilege as it has been made to seem; it is a right,” she said.
Since receiving its operating license from the Central Bank of Nigeria in 2024, Digitvant, Ogunyamoju explained, has made notable inroads in its financial inclusion drive. She said through its flagship SME product Market Monie, the bank has empowered more than 50,000 entrepreneurs, while over 25,726 unbanked individuals have been integrated into the financial system via the DigitvantPay mobile app.
Read Also: Accion MfB unveils Accion Monie app to empower MSMEs, others
Board Chairman Kayode John Oluwagboye reinforced the bank’s long-term strategy as a catalyst for community-based economic development, backed by governance, innovation, and strategic partnerships.
He said: “We are building a bank that understands and responds to the needs of real people. Our strategy is anchored on sustainable practices, strong partnerships, and an inclusive model that prioritises dignity as much as profitability.”
Digitvant’s portfolio, according to the management, includes a suite of products designed to address structural gaps in credit access and wealth-building tools for working-class Nigerians and small businesses. These include working capital loans, education and home loans, salary earner loans, target savings accounts, and fixed deposit plans.
Its DigitvantPay app allows users to access real-time banking services, such as bill payments and airtime purchases, extending the bank’s reach to underserved communities.
Looking ahead, the bank revealed its ambition to evolve into a pan-African leader in inclusive finance, underpinned by six core values: Excellence, Innovation, Accessibility, Inclusiveness, Common Good*, and Belief in Illimitable Potential.
Ogunyamoju called on stakeholders to partner with Digitvant in reshaping Africa’s financial landscape through inclusive, sustainable banking.
“We are inviting the media, development partners, and the Nigerian public to join us in this movement to democratise finance and rewrite the future of inclusive financial services,” she stated.
Digitvant MFB currently operates across multiple states across the country, with plans to expand its digital footprint further, targeting millions excluded from traditional banking systems.