• Wednesday, October 09, 2024
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BusinessDay

Stakeholders’ collaboration seen to drive innovation in Nigeria’s digital banking ecosystem

Over 50 percent of consumers now interact with their banks through mobile apps or websites at least once a week

Over 50 percent of consumers now interact with their banks through mobile apps or websites at least once a week

Stakeholders’ collaboration has been identified as the key driving force for innovation and progress of Nigeria’s digital banking ecosystem as fintechs and other financial institutions continue to proffer cutting-edge financial solutions capable of bridging the financial inclusion drive of the country.

“We are excited to leverage our expertise and resources to help make the event a resounding success and look forward to collaborating with all stakeholders to drive innovation and progress in the country’s tech ecosystem,” Winifred Allison, the executive director, product and marketing, VFD Microfinance Bank, stated during the recently held Information Communication Technology and Telecommunication Expo (ICTEL Expo) 2023.

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According to her, The ICTEL Expo provided an unparalleled platform for stakeholders to convene, collaborate, and exchange ideas on the latest trends and breakthroughs in the tech industry. She affirmed that the partnership underscores VBank’s unwavering dedication to nurturing the growth and evolution of Nigeria’s tech industry.

“We are honoured to have been appointed as the official tech partner for the ICTEL Expo 2023. This partnership is a testament to our unwavering dedication to supporting the growth and development of Nigeria’s tech industry,” Allison stated.

VFD Microfinance Bank, the operator of Nigeria’s foremost digital bank, VBank, reaffirmed its steadfast dedication to propelling technological progress and innovation in the nation at the ICTEL Expo.

According to her, the bank’s commitment to innovation was clear as it unveiled cutting-edge financial solutions tailored for startups and entrepreneurs, positioning itself at the forefront of the Nigerian digital banking landscape. “As the official tech partner of the ICTEL Expo, VBank seized the opportunity to showcase its profound expertise and substantial resources”.

Allison disclosed further that VFD Microfinance Bank’s presence at the ICTEL Expo 2023 reaffirms its pivotal role in the Nigerian digital banking sector, dedicated to propelling technological advancement and innovation to new heights.

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