Is Mkobo a licensed bank?

Is Mkobo a licensed bank?

Mkobo Microfinance Bank is licensed by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC).
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    • How is Mkobo different from other banks?

      Mkobo is a digital bank offering transparency and fair banking practices. It operates solely on your phone (with internet access) and delivers debit cards to any address in Nigeria.
    • What differentiates Mkobo from other banks?

      We are a digital bank that offers transparency and promotes fairplay Banking. We operate solely on your phone _(with internet connection) _and we'll deliver your debit card to any address in Nigeria.
    • Is my money safe with Mkobo?

      Yes, your money is safe with us. We secure all accounts with the same high-security encryption used by regular banks and we are transparent in all our dealings. In addition to the high security encryption, we offer extra protection by ensuring that ...
    • What do I need to open a Mkobo account?

      To open an account with Mkobo, you must be at least 16 years old, own a BVN, a phone number and an email address or an already existing account number.
    • Why do I have to upgrade your account?

      You have to upgrade your account so as to get access to the endless possibilities that Mkobo bank offers.