VBank, a fully digital bank, says it has recorded more than 250,000 individuals and businesses on its mobile banking platform across Nigeria, and processed transactions worth billions.
A statement titled ‘VBank rolls out new Version 3.0 App to kick Off 2021’, said this was disclosed during a virtual event to unveil the new features of its app to promote ease of use for its customers.
It stated, “Launched March 25, 2021, the digital bank has onboarded more than 250,000 individuals and businesses on its mobile banking platform across Nigeria, and processed transactions worth billions.
“The all-digital platform is most accessed in cities including Lagos, Anambra, Port-Harcourt, Abuja and Asaba.”
It stated that the new app, Version 3.0, has features including card-less withdrawals, multiple funds transfers, recurring transactions, proximity payments, advance budgeting and intelligent airtime top-up.
The statement said, “The new VBankapp will help users securely access their accounts to automate recurring bills, manage multiple cards from different banks, send and receive funds using a unique QR code, track daily, weekly and monthly spends.”
Azubike Emodi, managing director, VFD Microfinance Bank, owners of VBank, said, “When we unveiled this product last March, we had no idea that the COVID-19 pandemic would sweep in greatly in Nigeria and that a great number of people would suddenly become more digitally reliant.
