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VBank is a digital banking platform offered by VFD Microfinance Bank, a financial institution licensed by the Central Bank of Nigeria (CBN) and whose deposits are insured by the Nigeria Deposit Insurance Corporation (NDIC).
The platform allows users to perform a full range of digital banking operations, including opening accounts, instant money transfers, bill payments, airtime and data purchases, as well as savings and investment plans.
It also offers Verve physical and virtual cards, budgeting tools, targeted savings features (Target Savings, Fixed Deposits, etc.), and 24/7 investment options via the V by VFD mobile app.
VBank aims to be a modern mobile banking solution that reduces traditional fees, with zero account maintenance fees for certain services, and improves financial inclusion by making services accessible without paperwork.
