C-One to Acquire Bankly Microfinance Bank...to restore Stability and Accelerate Growth

C-One to Acquire Bankly Microfinance Bank...to restore Stability and Accelerate Growth

Lagos, Nigeria: C-One Ventures Platform (C-One) today announced it has entered into an agreement to invest and acquire the licences, technology and select assets of the Nigerian operations of Bankly -a licensed microfinance bank and fintech leader known for bridging financial access gaps across Nigeria’s informal economy.

C-One to Inject Funds into Bankly Microfinance Bank, Take Over Operations

By Aduragbemi Omiyale Talks for the acquisition of a small lender, Bankly Microfinance Bank, to enable stability and accelerate growth have commenced. The bank is to be acquired by C-One Ventures Platform (C-One), though subject to the approval of the Central Bank of Nigeria (CBN). C-One will invest in the company and take over its […]

C-One To Acquire Bankly Microfinance Bank

C-One To Acquire Bankly Microfinance Bank C-One Ventures Platform (C-One) today announced it has entered into an agreement to invest and acquire the licences, technology and select assets of the Nigerian operations of Bankly -a licensed microfinance bank and fintech leader known for bridging financial access gaps across Nigeria’s informal economy. The deal which is subject to regulatory approvals including from the Central Bank of Nigeria, refle…

C-One Ventures acquires Nigerian microfinance bank, Bankly

C-One Ventures, an investment firm, has acquired the domestic operations of Nigeria’s microfinance bank, Bankly, for an undisclosed amount. The acquisition will see Bankly’s services, licenses, and talent integrated with complementary offerings from other companies within C-One Ventures’ portfolio, which includes platforms like Fulcrum, GetPayed, and the digital bank gomoney. Founded in 2018, Bankly is a microfinance bank focused on bridging the…

Stealthy Buyer Takes Control Of Bankly, Nigeria’s Unbanked-Focused Fintech

In a move that may have come as a surprise in Nigeria’s bubbling fintech scene, C-One Ventures, a stealthy fintech investor, has quietly acquired Bankly, the licensed microfinance bank known for digitising informal savings and extending financial services to Nigeria’s unbanked majority. Founded in 2018 by Tomilola Majekodunmi and Frederick Adams, Bankly built its reputation on transforming traditional “ajo” and “esusu” savings schemes into secur…

C-One Ventures Acquires Nigeria’s Bankly to Expand Fintech Portfolio

C-One Ventures has fully acquired Bankly, a Nigerian fintech startup and licensed microfinance bank. The company will be merged into C-One’s broader fintech ecosystem. Why it matters The deal underscores C-One Ventures’ growing ambition to build an interconnected suite of financial tools aimed at small businesses and underserved individuals across Nigeria. Catch up quick: The […] The post C-One Ventures Acquires Nigeria’s Bankly to Expand Fintec…