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AppZone Wins Best MFB Technology Solution Provider

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AppZone, leading banking and payment service provider for microfinance banks in Nigeria, has emerged winner of the “Best Microfinance Technology Solutions Provider” at the 2018 National Association of Microfinance Banks Conference and Awards. The award was presented at a recent ceremony attended by over 100 companies in Abuja. According to the award organisers, AppZonewon the award for its contribution to the microfinance sector since the launch of its foremost product, BankOne. BankOne is a tech platform which manages the entire operations involved in the delivery of financial services to individuals and micro businesses in the informal sector. The platform supports multiple alternative delivery channels, including automated teller machines (ATMs), point-of-service devices (POS), mobile phones (via mobile and USSD banking), web terminals (via Internet banking) as well as electronic channels of commercial banks and banking agents.

While receiving the award, Mr. Emeka Emetarom, executive director, AppZone Group, said the award is an indication of the immense work done by the company to smoothen the operations of microfinance banks across the country. “We have empowered about one-third of the microfinance banks operating in Nigeria with a robust, cost-effective core banking automation software to ensure the effectiveness of operations as well as boost profitability of the institutions through the Bank One App. “We are, therefore, delighted that our partnership with the microfinance banks as well as with our strategic service partners to provide the optimal technology requirements needed by the microfinance banks has been recognised by the banks themselves,” he said. He thanked the organisers of the award and promised that the company would always ensure that its clients get excellent service. AppZone continues to break new grounds for innovation in cashless payment systems, not just in Nigeria, but in sub-Saharan Africa with the BankOne App. The app is being used in over six countries and has over 350 microfinance banks on its platform.

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