Rex / MFBank

What it does

Rex Microfinance Bank was established as a digitally-enabled community bank dedicated to providing financial services to micro-enterprises and low-income individuals. The bank delivers low-barrier savings accounts, SME working capital loans, and mobile banking applications across Nigeria. It stands out by modernizing legacy MFB operations with digital banking capabilities.

Known for

• Licensed Microfinance Bank digital operations
• Micro-enterprise working capital loans
• Retail savings and deposit products
• Community financial inclusion focus

Model & industry