Abuja, Nigeria [19 March 2024]: Fedeth Microfinance Bank, a leading microfinance bank in Nigeria proudly announces its rebranding to ClearPay Microfinance Bank, effective immediately. This strategic move embodies our commitment to providing innovative financial solutions to our clientele while enhancing our technology and digital platforms.
Under the leadership of Joseph Oyibo, the Managing Director of ClearPay Microfinance Bank, we will continue to build on the legacy of trust, transparency and reliability established by Fedeth Microfinance Bank. Our dedication to empowering individuals and businesses remains unchanged, and even now more fortified by a fresh and bold identity that reflects our approach to financial inclusion.
The decision to rebrand stems from our desire to steer the business towards providing financial solutions that match the increasing needs in society. In addition to our name change, ClearPay Microfinance Bank has a new business direction – to be the go-to salary bank for MSMEs across Nigeria.
ClearPay Microfinance Bank, in both name and direction, remains committed to our mission of continually supporting entrepreneurs and individuals by providing excellent financial services leveraging cutting-edge technology and highly skilled and talented people.
“We are excited to unveil ClearPay Microfinance Bank as the next chapter in our journey of service and innovation,” stated Joseph Oyibo, Managing Director, ClearPay Microfinance Bank. “This rebranding initiative mirrors our passion towards providing transparent and transformative solutions to our customers. It also reflects our confidence in taking unconventional decisions to ensure our mission is achieved.”
ClearPay Microfinance Bank will continue to offer a comprehensive range of financial products and services tailored to the diverse needs of our clients. From microloans to savings accounts, we remain dedicated to facilitating financial inclusion and fostering economic empowerment across all sectors of society.
Existing clients can rest assured that all account details and services will seamlessly transition to ClearPay Microfinance Bank, ensuring uninterrupted access to their financial resources. We look forward to continuing this journey with our valued clients and partners, forging ahead towards a future of financial success for all.
ClearPay Microfinance Bank, incorporated in 2007 and licensed by the Central Bank of Nigeria, was born out of a vision to push the frontiers of banking in Nigeria by leveraging technology to create a seamless and accessible banking experience for all Nigerians. ClearPay is positioned to take advantage of today’s technologies to drive financial inclusion, investment and growth for its clients. We are guided by our vision, backed by our core values and business philosophy and against this foundation we have built a reputation for consistent growth and innovation, allowing us to offer excellent financial services to our customers and more specifically, support micro-entrepreneurs, partnering with them on their road to sustainability and success.
For further information and inquiries, please visit our website at www.clearpaymfb.com or contact our customer service team at +234 (0) 912 237 1829.
