The co-founder/CEO of Advancly, a fintech company renowned for deploying capital to high-growth businesses, Julian Lotanna, said Advancly Microfinance Bank was launched to liberalise financial access in Nigeria.
Lotanna emphasised that the bank was created with a clear focus: to redefine how Nigerians build credit by embedding the credit-worthiness journey directly within the banking experience.
He said: “Advancly MfB offers a digital-first, wealth-focused banking experience designed for individuals, entrepreneurs, and impact-driven investors.
“We are not asking you to switch banks; we’re asking you to invest in progress – your progress, your community’s progress – and our shared future.”
Under the flagship campaign, #ProgressForEveryone, Advancly aims to unlock financial access for everyday entrepreneurs, retail investors and underserved individuals across Nigeria and emerging markets.
“Advancly MFB is set to unlock financial opportunities for communities across Nigeria and beyond. From institutional investors to everyday earners, financial progress should be accessible to all,” he added.
The MFB also sets the stage for a thoughtfully designed digital bank, with the first phase launching in the coming weeks. This marks the beginning of a journey to provide users with deeper access to financial tools and credit-building pathways within ecosystems they already trust.
By leveraging Advancly’s expertise in mobilising capital to emerging opportunities, the MFB provides innovative deposit and investment solutions that drive individual prosperity as well as community transformation.