Parallex Bank has rolled out Version 2.1 of its mobile banking application, introducing more than 200 new features aimed at enhancing user convenience, security, and speed.

The latest update builds on Version 2.0, offering smoother navigation, faster load times, and quicker access to essential services. Key additions include the ability to book local and international flights, schedule intercity bus trips, and set up one-time or recurring transfers. A new bulk transfer feature also allows customers to send money to up to ten recipients simultaneously.

The upgrade expands educational services, enabling users to purchase WAEC Result Checker PINs directly through the app. A fully digital loan request feature has also been added for easier access to credit.

To strengthen online payment security, Parallex Bank introduced Virtual Cards in Verve and Mastercard variants. These cards can be used across e-commerce platforms, ride-hailing and food delivery services, streaming sites, and educational portals.

Managing Director/CEO Dr. Olufemi Bakre highlighted the bank’s commitment to innovation: “With each update, we strive to enhance our customers’ banking experience, ensuring our app remains at the forefront of innovation and user satisfaction.”

Parallex Mobile App 2.1 is now available for download on the iOS App Store and Google Play Store. Existing users can update their apps, while new customers can register via the app’s streamlined sign-up process. Further details and support are available on the Parallex Bank website or through the app’s help section.