Access Bank, the flagship banking unit of Access Holding, a renowned financial services business managed by Nigerian banker Aigboje Aig-Imoukhuede, has disbursed N740 billion ($456.8 million) through its QuickBucks digital lending platform in the last seven years. This program seeks to improve lending accessibility for Nigerian customers.
Since its debut in 2017, QuickBucks has provided more than 18 million loans. The platform meets a variety of demands, including company loans, vehicle financing, and educational fees.
Njideka Esomeju, Access Bank’s Group Head of Consumer Banking, emphasized the platform’s expansion and importance in promoting financial independence in the face of economic difficulties. “Our goal is to offer accessible digital lending solutions to all Nigerians,” she told the crowd.
Efe Obaigbena, Unit Head of Digital Lending, underlined QuickBucks’ importance in meeting immediate financial demands, while Oladisun Dawodu, Team Lead of Digital Lending, underscored the bank’s dedication to fintech innovation.
“QuickBucks Loans utilize automation and are part of our strategy to incorporate AI, blockchain, and other technologies for improved financial solutions,” Dawodu told me.
Access Bank, founded in 1988 and established as a private commercial bank in 1989, has developed tremendously. With over 700 branches worldwide and a presence in 22 markets, it serves 60 million consumers on three continents.
The bank employs around 28,000 people in Nigeria and also operates in Sub-Saharan Africa, the United Kingdom, and Dubai, with representative offices in China, Lebanon, and India. Access Bank has got approval to operate a Restricted Licence Branch in Hong Kong, after its market value topped $1 billion earlier this year.
