Over 50,000 entrepreneurs empowered through financial services since inception, says Digitvant

By Abubakar Yunusa

Digitvant Microfinance Bank says it has empowered over 50,000 entrepreneurs through Market Monie, its flagship small and medium enterprises (SME) loan product.

In a statement , Petra Onyegbule, head of corporate communications and branding at Digitvant, said the bank has also onboarded over 25,726 previously unbanked individuals through its DigitvantPay mobile app.

Onyegbule said the bank hosted members of the press at a media briefing where Florence Ogunyamoju, managing director (MD) of Digitvant, shared the institution’s mission, achievements, and plans to deepen financial inclusion across Nigeria.

The MD said the bank is building a people-first, technology-driven institution focused on the needs of everyday Nigerians, especially those in informal and underserved communities.

“We are not just providing financial services; we are building dignity, unlocking potential, and creating pathways for prosperity. Inclusive finance is not a privilege as it has been made to seem; it is a right,” Ogunyamoju said.

Kayode Oluwagboye, chairman of the board, said the bank’s vision is to serve as a catalyst for grassroots economic growth.

Oluwagboye reaffirmed the board’s commitment to good governance, innovation, and long-term impact.

“We are building a bank that understands and responds to the needs of real people,” he said.

“Our strategy is anchored on sustainable practices, strong partnerships, and an inclusive model that prioritises dignity as much as profitability.”

Onyegbule said Digitvant Microfinance Bank was conceived in 2022 and licensed in 2024 by the Central Bank of Nigeria (CBN).

The head of communications said the bank provides services including working capital loans, education loans, personal home loans, and salary earners loans.

She added that the bank offers target savings and fixed deposit plans to support wealth building, alongside digital services via its DigitvantPay App, which enables real-time account access, bill payments, and airtime purchases.

Onyegbule said the event highlighted the bank’s ambition to become a pan-African leader in people-centred finance, driven by its six core values: excellence, innovation, accessibility, inclusiveness, common good, and belief in illimitable potential.