csrreporters 
Digitvant Microfinance Bank, a rising force in Nigeria’s fintech landscape, has announced that its flagship loan product, Market Monie, has supported over 50,000 small and medium-sized enterprises (SMEs) with access to flexible credit.
This milestone was shared during a press conference at the bank’s Ikeja, Lagos branch, where the leadership highlighted the impact of its inclusive financial model.
Kayode Oluwagboye, Chairman of the Board, emphasized that Market Monie goes beyond providing financial support—it restores dignity and self-worth to underserved entrepreneurs. “Yes, we’re in business to make profit, but not at the expense of our customers’ dignity. That’s what makes Digitvant different—we’re a digitally driven bank with a human heart,” he said.
Oluwagboye noted that the bank is embedding inclusion, accountability, and excellence across its operations. “We are not just a new player in the sector—we are a new promise. A promise of access, innovation, and people-centered leadership,” he stated.
Managing Director Florence Ogunmayoju explained that Market Monie was designed to meet the real-world needs of Nigeria’s informal economy. “The product removes traditional loan barriers—no collateral, no complex paperwork. Instead, we leverage a network of community agents to deliver flexible credit to businesses that need it most,” she said.
Highlighting the scale of the informal sector, Ogunmayoju pointed out that it contributes nearly 48% of Nigeria’s GDP and employs 84% of the workforce. “Yet, many remain outside the formal financial system. At Digitvant, we blend the speed of fintech with the empathy of microfinance to close this gap,” she added.
She also introduced the DigitvantPay App, built for both rural and urban users, bringing banking convenience to underserved communities. “Our goal is to transform every community into a hub of growth, resilience, and prosperity. We’re not just offering banking—we’re building a movement.”
Chief Technology Officer, Tolulope Awode, reinforced the bank’s commitment to digital security. “We’ve embedded strong security features into our app to protect customer funds and build trust. Everyone—urban or rural—deserves safe, accessible financial tools.”
Digitvant Microfinance Bank, licensed by the Central Bank of Nigeria, operates through its market-facing brand, DigitvantPay. With a strong focus on accessibility, technology, and empathy, the bank is redefining how financial services reach and uplift Nigeria’s informal economy.
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