Exclusive: Nigerian Fintech Bankly gets acquired by C-One Ventures
Bendada.com | Daniel Adeyemi - Apr 29, 2025
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  • C-One Ventures has acquired Bankly, a licensed microfinance bank in Nigeria.
  • The acquisition includes Bankly’s operations, regulatory licenses, and team.
  • Bankly has over 2 million customers and a network of more than 50,000 agents nationwide.
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The acquisition of Bankly by C-One Ventures represents a strategic move to enhance financial inclusion in Nigeria, particularly for underserved communities. However, the success of this integration will depend on how effectively C-One can leverage Bankly's existing infrastructure and customer base while maintaining its mission-driven approach.
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