VBank
The digital bank powered by VFD Group
What it does
VBank (VFD Microfinance Bank) was launched in 2020 by VFD Group Plc to offer retail neo-banking services across Nigeria. The app features zero-fee banking, high-yield fixed deposits, micro-loans, and multi-account spend tracking software. VBank achieved rapid adoption through high-profile ambassador partnerships and high savings rates.
Digital / challenger banks (neobanks)Digital savings platformsConsumer / retail lendingCard issuing & managementBill payments & aggregators
Known for
- VFD Group-backed flagship digital bank
- High-yield fixed deposit options
- Zero-commission retail transactions
- VBiz corporate management tools
Model & industry
SaaSAll / Cross-industry
Products & subsidiaries
VBank Mobile App · Digital Banking AppVBank Business Portal · Corporate Banking
People
★ VFD Group Plc · Co-founderGbenga Omolokun · Managing Director / CEO (VFD MFB)
Investors
VFD Group Plc