About VBank
VBank is a banking software from VFD Tech that provides a comprehensive digital banking solution. It combines online banking capabilities, mobile app access, and financial management tools so users can manage their banking needs effectively. The platform includes features for account management, transaction tracking, and loan applications, allowing users to handle their finances from any location. VBank also provides reliable security measures to protect customer data and ensure safe transactions. Key capabilities: online banking mobile banking financial management transaction alerts customer support Best for: individual users and small businesses that need efficient banking solutions.
V by VFD, also known as VBank, is the flagship mobile banking platform developed by VFD Microfinance Bank, a licensed Nigerian bank regulated by the Central Bank of Nigeria. Launched around 2019 and rolled out publicly in 2020, this app offers a fully digital banking experience tailored for modern users across Nigeria. Its core strength lies in enabling fast, paper‑free account opening and everyday financial activities — from instant transfers and bill payments to savings and investment management — all directly from a smartphone. The app stands out with built‑in budgeting tools, savings plans, debit card management, and even QR‑based payments, making it competitive with other digital banks in the region. A rewards program further enhances user engagement by offering points redeemable for airtime and other benefits. While primarily available in Nigeria and without an in‑app marketplace, VBank excels as an accessible financial hub for individuals and small businesses. Its cloud‑based deployment, intuitive UI, and value‑added features make it a robust choice for users seeking a comprehensive mobile banking solution.
Pros & Cons
- +Fast fully digital account opening process saves time and eliminates branch visits
- +Comprehensive savings and investment features help users grow their money efficiently
- +Zero maintenance and low fees make banking cost-effective for individuals and businesses
- +In-app budgeting and expense tracking tools help users monitor financial health easily
- +Rewards program incentivizes referrals and increases app engagement and loyalty
- −Some advanced investment features may require offline verification
- −Reporting and analytics options are basic for business users
- −Referral program rewards may take time to process and redeem
- −Notifications and alerts can sometimes be delayed or inconsistent
- −App updates may require large downloads impacting data usage
Features
Key features
- Account Opening
- Quickly open a full bank account from your mobile device without visiting a branch
- Instant Transfers & Bill Payments
- Send money and pay bills seamlessly within the app
- Savings Plans
- Create and manage goal-based savings and fixed deposit plans
- Investment Options
- Access investment features directly in the mobile app
- Cards & Card Management
- Request, manage, and monitor virtual or physical debit cards
- Budgeting & Expense Tracking
- Track spending, set budgets, and monitor financial goals
- Rewards Program
- Earn points for transactions and referrals redeemable for services
Additional features
- Account Opening
- Quickly open a full bank account from your mobile device without visiting a branch
- Instant Transfers & Bill Payments
- Send money and pay bills seamlessly within the app
- Savings Plans
- Create and manage goal-based savings and fixed deposit plans
- Investment Options
- Access investment features directly in the mobile app
- Cards & Card Management
- Request, manage, and monitor virtual or physical debit cards
- Budgeting & Expense Tracking
- Track spending, set budgets, and monitor financial goals
- Rewards Program
- Earn points for transactions and referrals redeemable for services
- Biometric Authentication
- Secure login using fingerprint or face recognition
- Quick Links
- Access limited features without full login
- Transaction Filters
- Search and filter past transactions easily
- Referral Program (Veelage)
- Get rewarded for referring new users
- Cardless ATM Withdrawals
- Withdraw cash using app-generated codes
- Fixed Deposit Letters
- Generate confirmation letters for fixed deposits
- Target & Crew Savings
- Goal-oriented or themed savings plans
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About VBank
VBank is a banking software from VFD Tech that provides a comprehensive digital banking solution. It combines online banking capabilities, mobile app access, and financial management tools so users can manage their banking needs effectively. The platform includes features for account management, transaction tracking, and loan applications, allowing users to handle their finances from any location. VBank also provides reliable security measures to protect customer data and ensure safe transactions. Key capabilities: online banking mobile banking financial management transaction alerts customer support Best for: individual users and small businesses that need efficient banking solutions.
VBank Details
VBank's In-App Market Place
Does VBank have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
NGN (₦)
Pros & Cons
- Fast fully digital account opening process saves time and eliminates branch visits
- Comprehensive savings and investment features help users grow their money efficiently
- Zero maintenance and low fees make banking cost-effective for individuals and businesses
- In-app budgeting and expense tracking tools help users monitor financial health easily
- Rewards program incentivizes referrals and increases app engagement and loyalty
- Some advanced investment features may require offline verification
- Reporting and analytics options are basic for business users
- Referral program rewards may take time to process and redeem
- Notifications and alerts can sometimes be delayed or inconsistent
- App updates may require large downloads impacting data usage
VBank's Support Options
VBank's Alternatives
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