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MoneyMaster PSB

ActiveFintechMobile Money & Agency BankingLagos, LagosFounded 2020

What it does

MoneyMaster PSB is a Nigerian Payment Service Bank licensed by the Central Bank of Nigeria to provide basic financial services to the unbanked and underbanked. Operating under the CBN's PSB licensing framework, MoneyMaster offers deposit accounts, money transfers, bill payments, and basic financial services through digital channels and agent networks. PSBs in Nigeria are designed to expand financial inclusion by enabling low-income and rural populations to access financial services without the full infrastructure requirements of commercial banks.

Mobile moneyDigital wallets / e-walletsAgency banking

Known for

  • Payment Service Bank operations
  • Financial inclusion
  • Basic banking services

Model & industry

Marketplace / Aggregator modelAll / Cross-industry

People