Finance

Nigerian Appzone relaunches banking solution BankOne

Nigerian Appzone relaunches banking solution BankOne
Thursday, 14 October 2021 17:36

Nigerian Fintech Appzone, which specializes in banking digitalization, announced the relaunch of its digital core banking system solution BankOne. This solution is now redesigned to primarily serve fintechs, neobanks, and challenger banks on the continent.

BankOne enables technology-driven financial institutions to take a 360-degree digital approach that does not involve physical branches or human interaction. The platform provides the digital equivalents of all banking product offerings such as account opening, card issuing, deposits, payments, and lending. It also offers development tools, programming interfaces and is tailored to the needs of African neobanks and fintechs.

“For over a decade, BankOne has played an active role in driving the digitization of Nigeria’s financial services industry. The platform has now been repositioned to serve the continent’s growing number of Fintechs and neobanks,” said Mudiaga Umukoro, CEO of Appzone Core.

As new digital solutions are increasingly gaining ground on the continent, traditional banks are making efforts not to lose too much ground. Several banks have implemented AI-based conversational agents to facilitate many tasks to keep pace with fintechs and neobanks.

Adoni Conrad Quenum (intern)

On the same topic
Proparco commits $17.25 million to Alterra Africa Accelerator Fund Fund targets established African companies with expansion...
MobileMoney Fintech CEO says company may list within 3–5 years Listing would allow users to invest in the company via mobile channels Ghana’s stock...
Government begins third 100-day performance review on April 20, 2026 GDP growth projected to rise from 9.2% to 10.2% Industry, services and...
Fitch says debt restructuring could come before any new IMF program Public debt near 91% of GDP keeps pressure on finances LNG project fuels...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...

AFC Backs First Green Project Finance Bond for 66MW Côte d’Ivoire Solar Plant
04

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
05

MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...

MTN Ghana tightens controls on mobile money agents over fraud concerns
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.