Build MFB is a forward-thinking Microfinance and digital banking platform licensed by the Central Bank of Nigeria (CBN) and insured by the Nigerian Deposit Insurance Commission (NDIC).
We dedicate ourselves to providing comprehensive financial solutions for individuals and small to medium-scale businesses (MSMEs) in Nigeria and across Africa.
Our services and products have been specially and carefully curated to suit micro, small and medium enterprise businesses.
We understand and appreciate that MSMEs are the backbone of any economy and work tirelessly to build products that can help them digitise their processes and, most importantly, payments, optimising their process.
Targeting Micro, Small and Medium-scale Enterprises (MSMEs), Build MFB stands out with its user-friendly interface and reliable service, ensuring customers can easily manage financial operations. Our platform is optimised for web and mobile app usage, providing flexibility and convenience to meet the modern banking needs of our users. For businesses seeking efficient financial tools, the Build MFB platform allows users to manage personal and business finances easily and securely.
Build MFB’s mission is to transform how Nigerians and Africans engage with their finances, offering a seamless and efficient digital banking experience.
We prioritise security and compliance, adhering to international information technology standards like PCI DSS to protect our users' data and transactions.
Build MFB is a recognised microfinance bank licensed by the CBN and insured by the NDIC. It adheres to international IT standards that protect user data and ensure secure transactions
Focusing on serving Africans and Nigerians, Build MFB bridges the gap between traditional banking and the digital age, making it possible to conduct banking activities anywhere in the world.
Your financial and data security is essential, and because we understand this, we use world-class security protocols to secure transactions.
Experience the future of banking with Build MFB—where technology meets convenience, and your financial needs are just a click away
At Build MFB, we boast of our grand record of delivering exceptional financial solutions to businesses and individuals. Since inception, we have successfully serviced over 10,000 businesses by providing them with reliable and efficient financial services.
Our platform has also facilitated the completion of over 120 million transactions, reflecting our commitment to processing transactions quickly, securely, and accurately. This impressive volume underscores our capability to handle high transaction volumes while maintaining the highest data protection standards and transaction security.
Our achievements highlight our dedication to transforming the financial landscape for individuals and businesses; solidifying our role as a leader in digital banking and financial technology solutions space. As we continue to grow and innovate, we remain focused on delivering unparalleled service and cutting-edge solutions to meet the evolving needs of our customers.
Since our inception, we have built a team with expertise across financial technologies, banking, sales, and customer service.
Our stakeholders are seasoned professionals from various fields dedicated to building communities at the grassroots level in Nigeria and Africa, prioritising the growth of MSMEs. Our goal is to support businesses financially in all possible ways, and we are excited to join you on your journey to create your dream business.
Our mission is to collaboratively design, build, and deploy secure electronic payment platforms that meet the unique needs of financial institutions, organisations, government institutions, and individuals while connecting their various interaction points.
We aim to bridge the gap between traditional banking and the digital era, providing convenient digital services and state-of-the-art financial tools. We cater to the evolving needs of businesses, fostering growth for both the business and the community it is present in.
We hold these principles core to our operations and service delivery
At Build MFB, we drive digital banking and financial hardware innovation by offering cutting-edge solutions for online transactions and point-of-sale equipment.
We champion universal accessibility by providing seamless electronic banking and advanced financial tools to African individuals and businesses.
Our user-friendly web and mobile app platforms are designed to simplify financial management for individuals and streamline operations for small and medium-scale businesses.
Build MFB prioritises data protection and transaction security by adhering to rigorous CBN and PCI DSS standards’ ensuring that all financial activities are secure and trustworthy.
We are dedicated to serving tech-savvy individuals and businesses alike, delivering tailored services and advanced tools to meet diverse financial needs.
Our Vision is to be the Market Leader for smart solutions that will simplify the transacting life of urban and rural communities. This drives our goals and focus on providing financial services to Micro, Small, and medium-scale Enterprises (MSMEs), the financial backbone of communities.
At Build MFB, we recognize the critical role MSMEs play in driving economic growth. According to the National Bureau of Statistics, Nigeria had 41,543,028 SMEs across 36 states as of 2017, with Lagos State leading the way. Understanding the significance of these enterprises, we have strategically based our operations in Lagos, the economic hub of Nigeria.
Recognising the persistent challenge of limited access to finance for small businesses, we are actively pursuing partnerships to further our mission. Our proposed partnership with FCMB under the Impact Loan Initiative is one such initiative. This partnership aims to provide much-needed financial support to MSMEs, ensuring they have the capital required to expand and contribute more significantly to Nigeria's economic development.
Industry insights further reinforce our commitment. The Agusto & Co SME Industry Report projects that by 2024, small and medium enterprises will contribute 49.5% of Nigeria’s GDP and employ 80% of the country’s workforce. This underscores the importance of our focus on supporting small businesses, which contribute about half of Nigeria’s GDP.
