*About Bankly* Bankly is a subsidiary of 5554 Technologies Limited, a fully registered limited liability company with the Corporate Affairs Commission and licensed as a Super Agent with the Central Bank of Nigeria. Our vision is to enable financial inclusion and create access by building the digital rails to connect and provide affordable financial products and services to over 48 million adult Nigerians. At Bankly, we believe money moves faster when it’s digital. Anchored on this, we are providing a hybrid infrastructure to store and move cash easily and securely. For more information visit www.bankly.ng or send an email to hello@bankly.ng
Location: Nigeria, Borno State, Grim Damchoba
Employees: 11-50
Total raised: $2M
Investors 2
| Date | Name | Website |
| - | Chrysalis ... | thechrysal... |
| - | Magic Fund | magic.fund |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 26.03.2021 | Seed | $2M | - |
Mentions in press and media 16
| Date | Title | Description |
| 18.09.2024 | Bankly MFB launches an exciting high-yield investment product | Bankly MFB launches exciting high-yield savings product One year after launching its microfinance bank arm, Bankly has appointed Stephen Amodu as managing director and introduced a high-yield product, InvestPro. InvestPro is a savings produ... |
| 18.07.2024 | Linda Rottenberg’s visit to Nigeria showcases commitment to tech innovation and entrepreneurship | Linda Rottenberg, Endeavor’s Global CEO, recently visited Nigeria from 6-9 of July 2024, marking a successful series of events that underscored the country’s vibrant tech ecosystem and entrepreneurial spirit. Organized by Endeavor Nigeria, ... |
| 01.11.2022 | AWS Opens Lagos Office, Increases Commitment To Africa | Amazon Web Services. Image source - WSWS |
| 01.11.2022 | Amazon Web Services opens Lagos office, increases commitment to Africa | Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, today announced the opening of its first office in Lagos, Nigeria. The new Lagos office is part of AWS’s support for the growing number of customers and partners in Nigeria. The ... |
| 08.12.2021 | Techpoint Awards 2021: And the nominees are… | Share this article: [Updated on December 15, 2021]: Payourse requested to be removed as a finalist in The Most Outstanding Crypto Exchange category. [Updated on December 14, 2021]: The Most Outstanding Logistics Startup 2021 was renamed Mos... |
| 26.03.2021 | Bankly secures $2m seed funding round | Nigeria: Nigerian fintech startup Bankly has secured US$2 million in seed funding to accelerate its consumer acquisition and offer direct-to-consumer (DTC) products to Nigeria’s unbanked and underbanked populations. Founded in 2018, Bankly ... |
| 24.03.2021 | Nigerian Fintech Bankly Reportedly Secures $2 Million Through Seed Funding Round Led By Vault | Bankly, a Nigeria-based fintech, has reportedly secured $2 million through its seed funding round, with was led by Vault. Founded in 2018 by Tomilola Adejana and Fredrick Adams, Bankly states it provides a USSD based savings product where u... |
| 24.03.2021 | Nigerian fintech of the unbanked Bankly raises $2M led by Vault and Flutterwave | Nigeria remains a largely cash-dominated country. There are over 100 million adult Nigerians, of which more than half have little or no access to financial services. Today, Bankly, a Nigerian fintech startup digitizing cash for the unbanked... |
| 24.03.2021 | Nigerian fintech Bankly raises $2m seed funding to digitize informal thrift savings | Nigerian fintech startup Bankly has announced that it has raised $2 million in a seed round. Bankly digitizes financial services for people in the informal sector, usually small-scale traders who save through rotating savings and credit ass... |
| 12.12.2018 | Uganda’s mScan emerges winner of TechCrunch Startup Battlefield Africa 2018 | Share this article: Yesterday, TechCrunch hosted the second edition of its Startup Battlefield Africa in Lagos Nigeria. The event was characterised by keynote speeches, panel sessions and pitch sessions. Fifteen startups from across Africa ... |
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