Private credit manager

VFD Microfinance Bank Limited

Compiled from public sources

VFD Microfinance Bank Limited is a Lagos-headquartered, fully digital retail and commercial microfinance institution operating primarily within Nigeria. Incorporated in August 2014 and commencing formal field operations in 2015, the bank became a digital-first banking platform in 2020 with the deployment of its mobile banking application, Vbank. Controlled as a core subsidiary of the publicly traded investment conglomerate VFD Group Plc, the bank’s corporate financial strategy focuses on deploying its retail deposit base and proprietary funds to offer digital financial services, micro-consumer credits, small business overdrafts, and Banking-as-a-Service (BaaS) software APIs.