vbank owner
As the world of finance continues to evolve, there has been a growing trend towards digital banking platforms.
These platforms offer customers a more convenient and accessible way to manage their finances, without the need to visit physical banking branches.
One of the leading digital banking platforms in Nigeria is VBank. Founded in 2020, VBank has quickly gained popularity among tech-savvy customers who prefer to manage their finances digitally.
The brain behind VBank is Haruna Dalhatu Iya, a Nigerian entrepreneur with over 35 years of experience in the financial industry.
With a degree in Computer Science from the University of Ilorin, Haruna Dalhatu Iya began his career as a software engineer before moving into banking.
Haruna Dalhatu Iya first foray into the digital banking space was with his startup called Digital Space, which provided digital banking solutions to financial institutions in Nigeria.
In 2019, he decided to launch his own digital bank, VBank.
VBank’s success can be attributed to its customer-centric approach. The platform offers a range of innovative features, such as virtual debit cards, 24/7 customer support, and a user-friendly mobile app.
In addition, VBank has also partnered with several merchants to offer discounts and cashback rewards to its customers.
This has helped to attract new customers and retain existing ones.
Haruna Dalhatu Iya vision for VBank extends beyond just providing a digital banking platform.
He aims to create a community of financially empowered individuals who have access to the tools and resources they need to achieve their financial goals.
To achieve this, VBank offers educational resources on financial management, savings, and investment.
The platform also partners with investment companies to offer its customers access to investment opportunities.
Haruna Dalhatu Iya focus on financial education is rooted in his belief that financial literacy is key to breaking the cycle of poverty in Nigeria.
He has spoken about the need to educate Nigerians on financial management and to create a culture of saving and investing.
Haruna Dalhatu Iya entrepreneurial journey has not been without its challenges. One of the biggest obstacles he faced was obtaining a banking license from the Central Bank of Nigeria (CBN).
The CBN has strict requirements for obtaining a banking license, and there is intense competition among digital banking startups vying for a license.
However, Haruna Dalhatu Iya persevered and was eventually able to secure a license for VBank.
Haruna Dalhatu Iya success with VBank has made him a role model for other entrepreneurs in Nigeria.
He has been invited to speak at several events and has been recognized for his contributions to the Nigerian fintech industry.
In an interview with Forbes Africa, shared his advice for aspiring entrepreneurs.
He emphasized the importance of having a clear vision and a strong team to support that vision.
He also stressed the need to be passionate about one’s business and to always be willing to learn and adapt to changes in the industry.
Haruna Dalhatu Iya success with VBank has inspired other entrepreneurs in Nigeria to explore opportunities in the fintech industry.
The country’s fintech sector has grown rapidly in recent years, with several startups raising millions in funding.
