Koins MFB
“Can a technology-led microfinance bank drive financial inclusion for Nigerian SMEs and individuals underserved by commercial banks?”
Founded2013
HQLagos, Nigeria
IndustryBank / Community
The story
Koins is a Nigerian microfinance bank founded in 2013, licensed by the Central Bank of Nigeria and offering savings, loans, and business banking products with a focus on financial inclusion. Workforce is distributed across Nigeria, the UK, and Poland, suggesting technology development is offshored.
Last 12 months
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Product timeline
2013
Koins Microfinance Bank founded in Lagos, Nigeria.· banking
Regulated entities
1
regulatory licence held by Koins MFB
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in Koins MFB’s embedded-finance stack
Banking / BaaS
Koins Microfinance Bank Limited (in-house)
Lending
in the full report
Accounting gap: none
12 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.