Alert Microfinance Bank has unveiled a new business banking platform, aimed at empowering entrepreneurs and strengthening the small and medium enterprise sector, to transform how businesses manage their financial operations in a move.
The platform offers services for entrepreneurs and SMEs, enabling them to access business advisory services and utilise POS terminals and NQR-enabled payment solutions directly from a single interface.
Raji Saheed, Managing Director of Alert Microfinance Bank, described the innovation as a vital step in supporting businesses from the ideation stage to full operation. He noted that each business customer will be assigned a dedicated Relationship Manager to ensure personalised support and advisory services, underscoring the bank’s commitment to fostering sustainable business growth.
Saheed said, “The Business Banking Platform comes with an intuitive dashboard that delivers real-time insights, multi-user access, and role assignment features, making it ideal for entrepreneurs managing larger teams. Integration with the bank’s “Scan to Pay” and “Pay with Transfer” via NQR ensures seamless, secure transactions across multiple channels.”
Kazeem Olanrewaju, the Group Chief Executive Officer of Alert Group, emphasised that the initiative is part of the bank’s broader mission to advance financial inclusion and stimulate economic development. He said, “Our goal is to offer practical banking solutions that give businesses flexibility, control, and actionable insights.”
This commitment is reflected in Alert MFB’s impressive gross loan portfolio of N22bn in 2025, signalling its capacity to support Nigeria’s burgeoning SME sector.
