Bankit nears 100,000 customers as the fast-rising digital microfinance bank accelerates growth across Nigeria’s financial technology landscape. The milestone comes just weeks after the bank celebrated surpassing 50,000 customers during its early post-launch period.
This trajectory reinforces Bankit’s emerging position as a top digital microfinance institution in Nigeria. According to Chief Operating Officer Simpa Yekini, the consistent growth is driven by a sharp focus on value, simplicity and accessibility.
“Reaching this new milestone confirms what we’ve always believed — Nigerians are ready for a smarter, more accessible way to bank,” said Chief Operating Officer Simpa Yekini. “We’re not just building a bank. We’re building trust, simplicity, and value into every transaction.”
Yekini added that the success so far has not happened by accident. Rather, it is the outcome of a deliberate customer-focused strategy.
“It is very important to state that this rapid growth isn’t by chance,” he said. “It’s the result of deliberate customer-centric innovation and a bold approach to financial services, one that puts the user at the heart of the experience.”
Bankit nears 100,000 customers through offerings that are designed to eliminate barriers and encourage full adoption of digital financial services. The bank provides free and seamless money transfers, a user-friendly mobile app, biometric login capabilities, and a quick account setup experience.
More so, the platform is built for speed and reliability, enabling its users to perform transactions without the usual delays or technical hiccups associated with other services. This blend of reliability and innovation continues to strengthen public trust in the bank.
Yekini revealed that the bank’s current daily transaction volumes have increased sharply in tandem with its expanding customer base. He also stated that Bankit is now on track to reach a major milestone — one million customers — before the end of the year.
“Based on what we’re seeing across our customer metrics and engagement levels, that one million mark is well within reach,” he explained.
Bankit’s ease of use, combined with its commitment to security and service quality, has attracted a diverse user base. From students and young professionals to market traders and small businesses, Nigerians are embracing the new digital platform.
As of now, the bank has successfully expanded into previously underserved areas by offering services that are not only free and accessible but also devoid of hidden charges.
With Bankit nears 100,000 customers as a highlight achievement, the company is sending a strong signal to legacy banks and fintechs alike. It is demonstrating that a nimble, user-driven model can compete and scale in today’s digital economy.
“We’re focused on meeting people where they are,” said Yekini. “That means understanding real challenges and building financial solutions that are practical, easy to use, and dependable.”
Another major factor contributing to Bankit’s credibility is its solid financial base. With strong liquidity and institutional backing, the company is well-positioned to continue scaling operations while maintaining regulatory compliance and service integrity.
The Central Bank of Nigeria (CBN) has emphasized the importance of digital financial inclusion as part of broader economic development goals. Bankit’s progress appears to align with these national efforts to bring millions more Nigerians into the formal financial system.
Yekini believes that microfinance and fintech can play complementary roles in this space. “We are not here to disrupt blindly,” he said. “We are here to partner with regulators, listen to customers, and build lasting solutions.”
Moreover, the bank’s digital-first strategy allows it to adapt quickly to market feedback, making real-time improvements to service delivery and app performance. This agility sets it apart in a competitive sector where responsiveness is often the difference between relevance and redundancy.
Industry analysts have taken note of Bankit’s unique positioning. Its performance metrics and growth curve show a company that is not only acquiring users but also retaining them through value creation and operational excellence.
As 2025 progresses, Bankit’s story continues to evolve. With sustained customer trust, robust service design, and a clear vision, the company remains firmly on course to redefine the digital microfinance experience in Nigeria.
Bankit nears 100,000 customers while positioning for a tenfold leap in reach and relevance. All eyes are now on its ability to deliver on the ambitious one million goal.
