Group Launches Microfinance Bank to Revolutionise Financial Services

In a significant step towards revolutionising financial services, Zylus Group International has launched Retrust Microfinance Bank.

It will be officially launched on Saturday, 31st August 2024.

This new bank is set to bring banking to more people by leveraging the power of technology.

Retrust Microfinance Bank is dedicated to financial inclusion, focusing on making banking services accessible to everyone, especially those in underserved communities.

By using digital tools, the bank aims to reach people who have been excluded from traditional banking.

Oluwatosin Olatujoye, the visionary behind Zylus Group, said, “Technology is a game-changer in banking. At Retrust Microfinance Bank, we’re using the latest innovations to make sure everyone can access financial services, no matter where they are.”

One key feature of Retrust Microfinance Bank is its digital banking platform. According to Olatujoye, this platform allows customers to open accounts, transfer money, and apply for loans, all from their mobile phones.

He emphasised: “This is particularly important for people in remote areas who might not have easy access to a physical bank branch.”

“Many people in rural areas struggle to access basic banking services,” adding that “With our digital platform, we can bring the bank to them. They can manage their finances right from their phone, making banking easier and more convenient.”

Retrust Microfinance Bank is also implementing advanced data analytics to understand its customers better and offer personalised services. This means the bank can tailor its products to meet the specific needs of each customer, providing a more personalised banking experience.

“Every customer is unique, and their banking needs are different,” the Zylus Group leader continued, “By using data analytics, we can offer solutions that are tailored to each person’s situation, helping them achieve their financial goals.”

Meanwhile, the launch will highlight the bank’s innovative approach and its commitment to making banking accessible to all.

Stakeholders, partners, and the public are invited to join the celebration and learn more about the bank’s offerings.

With its focus on technology and financial inclusion, Retrust Microfinance Bank is poised to make a significant impact on the financial landscape.

Olatujoye stated: “Our mission is to make banking simple, accessible, and inclusive. We’re bringing financial services to those who need them most by harnessing the power of technology.”