AppZone offers MFBs recharge vending solution

mobile-moneyNigeria’s cash-less society initiative, and current Central Bank of Nigeria’s efforts at entrenching a financial inclusion culture in the country, recently received a boost when Africa’s provider of home-grown software solutions for the financial services industry, Appzone developed recharge vending application for Micro Finance Banks (MFBs).

This value added service has been described as having placed MFB customers on the same level as their peers who bank with commercial banks as it addresses the need for accessible and convenient banking via electronic means.

This service was rolled out very recently on the BankOne platform touted as the only platform offering this mobile banking service to MFBs in Nigeria
BankOne is a flagship product of AppZone limited; a Nigerian software company that was established in 2008 and has grown to become Africa’s No. 1 provider of home-grown software solutions for the financial services industry.

AppZone’s institutional shareholders include Inventgarde (a consortium of Nigerian investors and private equity funds) and South Africa’s foremost ICT Group; Telkom

AppZone creates disruptive solutions that expand the scope and competitiveness of institutions in the financial services industry and then delivers these solutions using agile technology and global best practices.



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