Eyowo
The one bank for everything money
What it does
Eyowo is a digital banking product built by Softcom Limited, a company co-founded in 2007 by Yomi Adedeji and Olubayo. Eyowo launched as a neobank to advance financial inclusion among Nigeria's unbanked population. In 2023, the CBN revoked Eyowo's microfinance bank license, and as of early 2024 the company had not resumed banking operations, though the brand continues in limited capacity.
Digital wallets / e-walletsP2P transfersBill payments & aggregatorsAirtime & data resale (VTU)
Known for
- Digital neobank in Nigeria
- Softcom product
- CBN license revocation in 2023
- Financial inclusion focus
Model & industry
Marketplace / Aggregator modelAll / Cross-industry
Products & subsidiaries
Eyowo App · Digital Banking
In the News
- 2024-03-20 · Eyowo: Nigeria neobank's turbulent journey with regulators and the path to recovery · The Guardian Nigeria