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Sofri

Simple, fast, and reliable digital banking and credit solutions
ActiveFintechDigital Banking / NeobanksLagos, LagosFounded 2021

What it does

Sofri was launched in 2021 as the digital banking arm of Planet Microfinance Bank to provide one-stop mobile banking services. The app offers quick micro-loans, high-yield savings plans, soft POS card collection systems, and automated utility payments. It is recognized for bringing traditional microfinance operations onto a modern digital platform.

Digital / challenger banks (neobanks)Digital savings platformsConsumer / retail lending

Known for

  • Digital bank powered by Planet MFB
  • Sofri nano-loans and salary advances
  • Soft POS payment collection systems
  • Targeted savings accounts

Model & industry

SaaSAll / Cross-industry

Products & subsidiaries

Sofri Digital App · Neobank & Lending App

People

Planet Microfinance Bank Management · Co-founderBank Management · Executive Leadership

Investors

External links