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Polaris Bank has reaffirmed its dominance successful Nigeria’s integer banking abstraction by clinching the ‘Digital Bank of the Year’ and ‘Best Bank for MSMEs’ awards astatine the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards. This marks the 5th clip the Bank has been named Digital Bank of the Year, underscoring its manufacture leadership, lawsuit trust, and unwavering committedness to innovation and inclusion.
Polaris Bank continues to redefine integer banking successful Nigeria done bold innovations, customer-centric solutions, and sector-shaping initiatives. With an unrelenting absorption connected fiscal inclusion and lawsuit empowerment, the Bank’s digitally led strategy has transformed however Nigerians access, manage, and turn their finances.
At the bosom of this translation is VULTe, Polaris Bank’s flagship integer platform, which has recorded phenomenal maturation and enactment successful 2025. Within the archetypal 8 months of the year, the level handled an bonzer measurement of transactions, reflecting Polaris Bank’s integer ecosystem’s heavy trust, wide adoption, and scale. More than conscionable enabling seamless banking, VULTe continues to powerfulness the fiscal backbone of businesses and individuals crossed Nigeria.
Beyond being different banking app, the upgraded VULTe 3.0 is simply a best-in-class integer banking solution. It integrates AI-powered features that personalise idiosyncratic experiences, automate engagement, and heighten operational efficiency. Since its archetypal motorboat successful 2021, Polaris Bank has maintained a civilization of continuous improvement, upgrading features based connected existent lawsuit feedback to elevate idiosyncratic acquisition and acceptable caller manufacture standards. This agile attack ensures that VULTe is not lone keeping gait with the planetary integer system but is besides starring the complaint successful Nigeria.
Receiving the awards connected behalf of the bank, the main integer officer, Dele Adeyinka described the designation arsenic an affirmation of Polaris Bank’s people-centred integer translation journey. “This grant is simply a solemnisation of our customers, whose spot and engagement animate each innovation we create. VULTe is much than a platform; it is simply a assemblage of empowered users who bank, borrow, save, and turn with ease. Every update and each diagnostic we rotation retired reflects our committedness to making banking smarter, simpler, and much inclusive for each Nigerian,” Adeyinka said.
Polaris Bank arsenic recognises that MSMEs stay the backbone of Nigeria’s system and has deliberately deployed integer solutions to empower this captious sector. In the 2nd 4th of 2025, the Bank launched a large backing inaugural to alteration professionals successful the originative manufacture done strategical partnerships with Woodhall Capital (UK), the Lagos State Government, and the British Government. In the pursuing months, the Bank expanded its enactment to hundreds of tiny and mean enterprises crossed assorted sectors, with a beardown absorption connected financing women-owned and women-led businesses successful education, fashion, and different cardinal industries. These interventions underscore Polaris Bank’s enduring committedness to inclusive maturation and sex empowerment.
Through simplified applications, integer recognition assessments, and integration with VULTe for Business, SMEs bask faster and easier entree to moving capital, escaped from accepted banking bottlenecks. This attack is turning concern endurance stories into occurrence stories crossed Nigeria.
Speaking connected the treble recognition, the Managing Director/CEO of Polaris Bank, Kayode Lawal, dedicated the awards to the Bank’s customers and employees. “Winning the Digital Bank of the Year (for the 5th time) and Best Bank for MSMEs (for the 4th time) is some humbling and inspiring. It validates our content that existent innovation begins and ends with the customer. Our ngo has ever been to usage exertion arsenic an enabler of accidental – to marque banking not lone easier but transformative. These awards beryllium to our customers, our people, and each spouse who believes successful our vision,” Lawal said.
He further assured that Polaris Bank volition proceed to put successful integer infrastructure, arsenic it did precocious with a seamless halfway banking exertion upgrade, heighten fiscal inclusion, and present consistent, integrated experiences crossed each lawsuit channels.
BusinessDay has agelong celebrated innovation and firm leadership, and Polaris Bank’s communicative exemplifies both. With VULTe 3.0, the Bank has built Nigeria’s astir agile AI-driven integer banking ecosystem. By placing lawsuit feedback astatine the halfway of merchandise evolution, Polaris ensures that each innovation addresses existent needs. Through integer recognition enlargement and data-driven insights, the Bank is straight fueling economical maturation and empowering Nigeria’s entrepreneurial base.
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