In a means to diversify and break another ground, Arcview Investments Ltd, a customer-focused Real Estate company providing affordable housing through a flexible payment system in a unique and serene environment has launched a digital bank named Arcpay.
According to the statement released by Chief Operating Officer of Arcview Investments Ltd, Segun Oshundairo, one of the major accomplishments in the last 2 years is the acquisition of Prospect MFB Limited . It is strategic investment to aid diversification move into Financial Services and Fintech, with the goal of transforming the bank into a DIGITAL BANK
Following the acquisition of the Bank, which is licensed by the CBN and insured by the NDIC, Prospect MFB Limited promptly commenced the process of enlisting the bank into the NIBBS platform, a move to enhance our position in the market place and make us competitive. We are happy to inform you that this process has been completed.
Ogundairo further started, ”The integration of Arcpay, our digital app, and a new Core Banking Application for Prospect MFB Limited, has been another strategic move that has been completed within the last two-year journey towards this milestone and it is a great achievement for us.
”The forthcoming rebranding of Prospect MFB Limited to Arcpay MFB Limited is another strategic move in the pipeline that reflects a well-organized institution geared towards enhancing financial inclusion and simplifying financial transactions. This transformation underscores a commitment to providing a more structured and efficient platform for customers to access financial services. The new brand identity signifies a fresh approach to meeting the evolving needs of the market and aligning with global best practices in the financial sector and ultimately promoting the ARCVIEW BRAND.”
WHAT YOU NEED TO KNOW ARCPAY
The bank will be offering services in savings, loans, agency banking, payment solutions, and investments.
Savings accounts will provide customers with a secure way to store their funds while earning interest.
Loans will be available for individuals, groups, and businesses looking to borrow money for various purposes.
Agency banking services will allow customers to conduct banking transactions at convenient locations outside of traditional branches. This is possible with our POS services spread across various locations that will enable customers to make payments, buy and send airtime, pay bills, and more.
Payment solutions will enable our customers to make cashless payments for goods and services usingtheArcpay Mobile App. This can be downloaded from the Play Store and Apple Store.
Investment options will be offered to help customers grow their wealth through various financial instruments.
Use the link to get started https://play.google.com/store/apps/details?id=com.arcpay
