Fedeth microfinance bank rebrands

Fedeth Microfinance Bank, a leading microfinance bank in Nigeria, has rebranded to ClearPay Microfinance Bank, with immediate effect.

In a statement, the bank said the strategic move embodies the commitment to providing innovative financial solutions to clients while enhancing technology and digital platforms.

The Managing Director of ClearPay Microfinance Bank, Joseph Oyibo, said the decision to rebrand stems from the desire to steer the business towards providing financial solutions that match the increasing needs in society.

“In addition to our name change, ClearPay Microfinance Bank has a new business direction – to be the go-to salary bank for MSMEs across Nigeria.

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“ClearPay Microfinance Bank, in both name and direction, remains committed to our mission of continually supporting entrepreneurs and individuals by providing excellent financial services leveraging cutting-edge technology and highly skilled and talented people.

“This rebranding initiative mirrors our passion towards providing transparent and transformative solutions to our customers. ClearPay Microfinance Bank will continue to offer a comprehensive range of financial products and services tailored to the diverse needs of our clients.

From microloans to savings accounts, we remain dedicated to facilitating financial inclusion and fostering economic empowerment across all sectors of society,” Oyibo explained.