Digitvant is a Central Bank of Nigeria-licensed Tier 1 microfinance bank leveraging data-backed credit scoring and alternative data to offer credit, savings, payments, and micro-insurance. We empower gig workers, women, and micro-entrepreneurs with low default rates and high repeat usag
Digitvant MFB, a Fintech business founded in 2023, currently generating $813,885 in revenue, is at the Seed stage and is seeking Equity funding of $1,200,000 to
Digitvant is a Central Bank of Nigeria-licensed Tier 1 microfinance bank leveraging data-backed credit scoring and alternative data to offer credit, savings, payments, and micro-insurance. We empower gig workers, women, and micro-entrepreneurs with low default rates and high repeat usag
Expansion of Agent Network: A significant portion will be used to increase our agent network across Nigeria, ensuring wider access to financial services, particularly in underserved and rural areas. This network will facilitate easier onboarding, cash-in/out transactions, and loan disbursements for users who have limited access to traditional banking branches.
Upgrade Core Banking Infrastructure: We will enhance our digital banking infrastructure to ensure scalability and efficiency. This includes investing in technology that supports AI-backed credit scoring, better risk assessment, and faster loan disbursements, all while ensuring compliance with regulatory standards.
Development of Open Banking APIs: Funds will support the development and deployment of open banking APIs, enabling seamless integration with other financial institutions, fintechs, and service providers. This will allow us to expand our financial products, such as savings and micro-insurance, and integrate with other platforms to enhance customer experience.
Loan Book Expansion: A large part of the funding will be used to expand our loan book by increasing the amount and frequency of loans disbursed. This includes targeting more small businesses and micro-entrepreneurs who need working capital to grow their operations. Our loan products will support these businesses in improving their liquidity, purchasing power, and overall stability.
Marketing and Customer Acquisition: We will allocate funds to strategic marketing campaigns aimed at increasing brand visibility and customer acquisition. This includes digital marketing, community sensitization, and educational campaigns to promote financial literacy and trust in Digitvant’s services.
Partnerships and Ecosystem Building: We plan to form strategic partnerships with local businesses, government bodies, and international organizations to build a robust financial ecosystem. These collaborations will further support our growth and enhance the impact we have on communities across Nigeria.
Product Diversification: The funding will help us diversify our product offerings by introducing new financial services such as savings accounts, insurance, and tailored credit solutions for different customer segments, especially targeting women, youth, and the informal economy.
CBN Tier 1 License Secured – Achieved regulatory compliance and trust to operate as a licensed microfinance bank.
10,000+ Users Onboarded – Successfully onboarded over 10,000 active users (as at August 2025), with a 25% month-over-month growth.
$11.3M Disbursed in Loans – Successfully disbursed over $11.3 million in microloans as at August 2025 with a 98% repayment rate.
DigitvantPay Launched – Rolled out DigitvantPay, integrating wallet, payment, and onboarding features for seamless financial access.
Expansion to 3 Nigerian States – Increased presence across multiple regions, reaching underserved communities.
90% Active Users per Month – Demonstrated high user engagement with an average of 2.5 transactions per user.
Ownership Structure:
To be Provided
Exit Strategy:
