9PSB and SeerBit are working together to expand the digitization of financial services for consumers and businesses


Nigeria’s pioneer and leading payment service bank, 9Payment Service Bank (9PSB) and SeerBit, a pan-African corporate payments platform, have entered into a strategic partnership that will provide individuals and businesses in Nigeria with seamless access to financial services.

Together, 9PSB and SeerBit will create a seamless payment and omnichannel banking ecosystem that will aggregate and simplify transactions for bank agents, merchants, consumers and businesses. This partnership creates a unique opportunity to deploy a homegrown solution that provides a roadmap for the digitization of payments and empowers the ecosystem to close the financial exclusion gap.

Regarding the partnership, Branka Mracajac, CEO of 9PSB, noted that 9PSB is committed to building a strong financial ecosystem based on collaboration. She said, “The core of our business is to offer simple, convenient and seamless financial transactions to those who are unbanked, unbanked and underserved. To achieve this, collaboration is at the heart of our strategy – with technology leaders and partners on this long journey with the ultimate goal of moving Nigeria from a cashless to a cashless society. This expands our promise to offer relevant financial products. Through this partnership, we offer our agents, partners and customers a single point of access to use various products and services.”

For his part, Omoniyi Kolade, Founder and CEO of SeerBit, stated that in line with SeerBit’s vision to provide innovative technology solutions tailored to bridge payment gaps, the collaboration with 9PSB will ensure that African businesses reap the full benefits of the digital payments boom will use the region. “The collaboration also solidifies SeerBit’s position as a frontline player in the digital payments ecosystem in Africa. Our goal has always been to create a new wave of prosperity in Africa by creating more opportunities for businesses in Africa to accept payments and we are excited to do this in partnership with 9PSB. We will enable millions of businesses to accept digital payments and set the stage for the new direction of digitalization in Africa,” he said.

This synergy is consistent with efforts to ensure interconnectivity and interoperability between stakeholders in the financial sector, which is critical to accelerating efforts towards financial inclusion. By providing secure and reliable electronic payment solutions, the partnership will help transform the informal into a formal sector, support the pursuit of economic growth by empowering SMEs, and deepen inclusion through innovative financial products and services for individuals, businesses and the fintech ecosystem Nigeria.

Recently, Africa has seen exponential growth in digital financial services, driven by the proliferation of mobile devices. More than half of Africans still do not have a formal bank account, but most have mobile phones that give them access to basic financial services. In its latest annual State of the Industry report, the GSMA shows that the value of mobile money transactions will surpass $1 trillion in 2021, with Africa accounting for almost 70% of the total amount of transactions recorded.

With this partnership, both companies will positively contribute to this trend by expanding the accessibility and delivery of digital payment solutions to the last mile on the continent, while continuing to drive its impressive growth.

On behalf of Bank9ja, 9PSB is committed to product innovation that supports easy access to financial services. The digital bank has created a bespoke solution, Bank9ja, a bank-agnostic mobile app and web platform designed to serve both the totally excluded and the locked-in but underserved in society by allowing easy access and connection for all banks and others FinTech is willing and ready to work with 9PSB.

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As part of that mission, 9PSB recently completed a full upgrade of its USSD channel – *990# – and named its mobile app – Now Bank9yes – with the sole aim of providing users with more options for easy banking, faster onboarding, low transfer fees and no additional fees for paying bills.

About 9PSB

Established in 2020, 9 Payment Service Bank (9PSB) is Nigeria’s first payment services bank to operate under the authorization of CBN to provide financial inclusion services and initiatives for the unbanked as well as innovative services for the unbanked.

9PSB operates as a fully digital bank and operates its own agent banking network. 9PSB is for everyone, providing seamless access to online and offline digital banking experiences.

About SeerBit

Founded in 2020, Seerbit is a pan-African payment processor and financial technology infrastructure provider focused on enabling fast, seamless, secure and inclusive online and offline payments across Africa for local businesses, financial institutions and global corporations trying to scale up to scale across the continent.

In Africa, customers are often limited by circumstances or location, such as B. the unavailability of the Internet or lack of access to financial services. SeerBit’s mission is to help businesses bypass those barriers that prevent them from best serving their customers. SeerBit offers a range of payment methods for every business.


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