Bankit Microfinance Bank (Bankit MFB) is reshaping Nigeria’s fintech landscape with the introduction of biometric security free transfers and other digital innovations. The fast-rising financial institution is now offering instant, seamless transfers, secure biometric login, free transaction alerts, cashback on bill payments and reward-based savings.
ccording to Chief Operating Officer Simpa Yekini, “At Bankit, we’re not just building another digital bank – we’re engineering an ecosystem where security meets convenience, and every transaction brings value. Our platform is built for today’s mobile-first generation – fast, intuitive, and secure.”
Bankit MFB’s new suite of services aims to combine top-notch security with user-friendly functionality. These features reflect the bank’s commitment to delivering inclusive, reliable financial solutions through digital means.
The platform is designed to meet the evolving expectations of users seeking efficiency, reliability, and value in financial services. It now includes biometric security free transfers, a biometric login system for stronger identity verification, instant alerts for all transactions, and a bills payment interface that offers users cashback rewards.
Speaking on Bankit’s ambitions, Chief Operating Officer Simpa Yekini added, “For us, it’s a bold stride towards a unicorn status, and we are leveraging innovation to drive financial inclusion while delivering seamless user experiences across all touchpoints with our app which now includes seamless free transfers to any bank in Nigeria, biometric login and advance security protocols, instant free alerts, bills payment with cashback and rewards on savings.”
Bankit MFB is currently operating under a strong regulatory framework, backed by a solid liquidity assurance structure, which has contributed to the trust and growing confidence among its users. Thousands of Nigerians are already using the platform, drawn to its simple interface and robust digital architecture.
Moreover, the digital bank prioritises user safety, ensuring the protection of customer funds through a secure infrastructure that meets international standards. This level of assurance has become essential in an age where online fraud and identity theft are pressing concerns.
Additionally, the app is tailored for mobile-first users, ensuring compatibility and ease across all smartphones and internet-enabled devices. This aligns with Bankit MFB’s objective to bridge financial gaps and foster digital inclusion across Nigeria.
By focusing on innovation and digital access, Bankit MFB is not only delivering banking convenience but also contributing to Nigeria’s broader fintech evolution. The bank is paving the way for a future where smart, safe, and fast banking becomes a nationwide norm.
