UCEE Microfinance Bank Launches Operations, Unveils Mobile App, and Plans USSD Rollout

3 months ago Newsroom

UCEE Microfinance Bank, a subsidiary of United Capital Plc group, has officially launched its operations and introduced a mobile app to enhance financial accessibility across Nigeria.

This announcement was made by the bank’s Chief Executive Officer, Esther Adeola-Balogun, during the grand opening event held on Monday 19, 2024, in Lagos State.

As a hybrid microfinance bank, UCEE is dedicated to bridging the gap between traditional and digital banking, ensuring that financial services are easily accessible to a diverse customer base.

Adeola-Balogun highlighted the pivotal role of technology in the bank’s operations, she said,

“Our mobile app serves as a one-stop shop for all our products and services. We encourage everyone to download it because it is central to how we reach our customers. The app allows users to manage accounts, access loans, and perform transactions conveniently from anywhere.”

She also highlighted the bank’s strategy to serve semi-urban and rural areas by introducing a USSD code to provide financial solutions to more Nigerians, particularly those in underserved areas.

“The USSD platform will be crucial for those without access to smartphones, ensuring financial inclusion even in underserved regions,” she noted.

Also, the Chairman of UCEE Microfinance Bank, Stephen Nwadiuko, reiterated the bank’s focus on reaching every segment of society.