DigitvantPay
“Can a small Nigerian microfinance bank become the digital financial hub for MSMEs and the financially underserved by owning the license and building both a consumer wallet and a merchant acquiring stack?”
Founded2024
HQLagos, Nigeria
IndustryFintech / Neobank
The story
Digitvant is a Nigerian microfinance bank founded in 2024 operating under a CBN microfinance license as Digitvant Microfinance Bank Limited. Its consumer-facing product DigitvantPay offers digital banking, savings, cards and MSME microloans, while VantPay Merchants Portal extends the business into merchant acquiring, agency banking and settlements. As a licensed microfinance bank, most of the stack is self-operated rather than assembled on third-party BaaS.
Last 12 months
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Product timeline
2024
Digitvant Microfinance Bank Limited founded in Lagos, Nigeria; launched DigitvantPay app with transfers, bill payments, savings and lending.· banking
2024
Launched Colo-Get and Colo-Flex structured/flexible savings products.· banking
2025
Launched VantPay Merchants Portal (in dev) — payments, settlements, checkout, agency banking for merchants.· banking
Regulated entities
1
regulatory licence held by DigitvantPay
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in DigitvantPay’s embedded-finance stack
Payments / PSP
DigitvantPay (self-operated)VantPay Merchants Portal (self-operated)
Banking / BaaS
in the full report
Card network
in the full report
Lending
in the full report
Accounting gap: none
8 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.