Raven Bank
The People's Bank of Africa
What it does
Raven Bank is a Nigerian digital bank offering banking services via mobile app. Positioned as 'The People's Bank of Africa,' it provides free Raven-to-Raven transfers and low-cost external transfers starting from ₦10. Deposits are insured by the Nigerian Deposit Insurance Corporation (NDIC).
Digital / challenger banks (neobanks)SME-focused digital banks
Known for
- Digital banking app
- Free intra-platform transfers
- NDIC-insured deposits
- Low-cost external transfers
Model & industry
SaaSBanking-as-a-ServiceAll / Cross-industry
Products & subsidiaries
Raven App · product