As tech-enabled banking reshapes how millions of Nigerians save,
> spend, and grow businesses, FairMoney Microfinance Bank has just hit a
> historic landmark by surpassing 30 million registered users in
> Nigeria.
>
> This achievement offers your readers a compelling look at the
> real-world impact of fintech on financial inclusion, demonstrating how
> automated credit assessment, zero-paperwork accounts, and specialized
> business tools are bridging the gap for underserved individuals and
> MSMEs across the country. Beyond the sheer scale of processing tens of
> thousands of loan applications daily as a CBN-licensed and
> NDIC-insured bank, this milestone highlights key trends in consumer
> trust, mobile-first banking, and the ongoing evolution of Nigeria’s
> financial ecosystem.
>
> Kindly help publish the press release below:
>
> FairMoney Surpasses 30 Million Registered Users in Nigeria
>
> LAGOS, NIGERIA, 3rd September 2026 – FairMoney Microfinance Bank
> [1], a CBN-licensed digital financial institution in Nigeria, has
> announced that it has surpassed 30 million registered users in the
> country, marking a significant milestone in its mission to make
> financial services more accessible to Nigerians.
>
> This milestone represents more than growth. It reflects the growing
> number of Nigerians choosing FairMoney for their everyday financial
> needs Today, millions of people use FairMoney to borrow, save,
> transfer money, pay bills, use cards, finance assets through its
> technology-enabled banking platform for individuals and businesses.
>
> Reaching more than 30 million registered users demonstrates how
> technology can help extend formal financial services to more
> Nigerians, including individuals and businesses who may face barriers
> to traditional financial services, such as extensive paperwork,
> limited access to physical bank branches or limited formal credit
> history.
>
> Through the FairMoney app, customers can open and manage an account,
> save money, pay bills, make transfers, use cards, access credit where
> eligible, and finance assets directly from their mobile phones. By
> bringing these services together on one platform, FairMoney is helping
> more people participate in the formal financial system and manage
> their everyday financial needs conveniently.
>
> FairMoney also provides financial services to businesses, supporting
> merchants and MSMEs with tools designed to help them manage their
> finances and day-to-day operations. Through FairMoney Business,
> business customers can access services including business accounts,
> payments and other financial solutions designed around the needs of
> growing businesses.
>
> FairMoney’s technology also enables the Bank to deliver its services
> at scale. Alongside its growing range of banking services, the Bank
> processes tens of thousands of loan applications daily through its
> automated digital platform, helping eligible customers access formal
> credit without extensive paperwork or the need to visit a physical
> branch.
>
> By combining accessible digital banking services with
> technology-enabled credit assessment, FairMoney is helping customers
> save, make payments, respond to financial needs and work towards their
> personal or business goals. This supports the Bank’s mission to
> advance responsible financial inclusion at scale.
>
> “Surpassing 30 million registered users is an important milestone
> for FairMoney, but its greatest significance is the trust millions of
> Nigerians have placed in us to support their everyday financial
> lives,” said Henry Obiekea, Managing Director of FairMoney
> Microfinance Bank. “We are grateful for that trust, and we do not
> take it for granted. It reinforces our responsibility to continue
> providing simple, accessible and reliable financial services that help
> more Nigerians participate in the formal financial system and achieve
> their financial goals.”
>
> FairMoney operates as a Central Bank of Nigeria (CBN)-licensed
> microfinance bank and operates in accordance with applicable
> regulatory requirements. Eligible customer deposits are insured by the
> Nigeria Deposit Insurance Corporation (NDIC). The Bank maintains
> measures to protect customer information and operates in accordance
> with applicable data protection requirements, including the Nigeria
> Data Protection Act.
>
> “As we enter our next phase, our focus is on deepening the value we
> provide to both individuals and businesses,” Henry Obiekea added.
> “We will continue to invest in technology, strengthen our products
> and build solutions that respond to how Nigerians save, make payments,
> access credit, run their businesses and manage their finances. Our
> ambition is not simply to reach more people, but to become a more
> valuable financial partner to the customers and businesses we
> serve.”
>
> With more than 30 million registered users in Nigeria, FairMoney
> remains committed to expanding access to secure, inclusive and
> innovative financial services and delivering reliable customer-focused
> experiences across its growing portfolio of banking products.
>
> END
> About FairMoney Microfinance Bank
>
> FairMoney Microfinance Bank [1] is a Central Bank of Nigeria
> (CBN)-licensed microfinance bank providing digital financial services
> in Nigeria. The Bank offers a broad range of banking products and
> services, including loans, savings, transfers, bill payments, cards
> and asset financing. Eligible customer deposits are insured by the
> Nigeria Deposit Insurance Corporation (NDIC), subject to applicable
> coverage limits and regulatory requirements.
>
> For more information, visit https://fairmoney.io/ [1] or download the
> FairMoney app from the Google Play Store or Apple App Store.
>
> All products are subject to applicable terms, conditions and
> eligibility criteria. Interest rates, fees and access conditions may
> vary as outlined in the relevant product terms. All lending facilities
> remain subject to the Bank’s credit assessment, risk acceptance
> criteria and applicable terms and conditions.
>
> Kind regards,
>
> JUSTICE WINNER
> Senior Account Manager
>
> Email: justice@ivipr.com [2]
> Phone: +2347083331460
> Website: www.ivipr.com
>
> X [3] | LinkedIn [4] | IG [5]
>
>
>
> Links:
> ——
> [1] https://fairmoney.io/
> [2] http://justice@ivipr.com.ng
> [3] https://x.com/iviprng/
> [4] https://www.linkedin.com/
> [5] https://www.instagram.com/
