Snug Bank
Curated by SignalOnline-only bank offering accessible services and global money transfers.
Overview
Snug Bank operates as a diversified challenger bank in Nigeria, focusing on online banking services. Its product offerings include term deposit accounts, prepaid cards for shopping and withdrawals, and instant global money transfers utilizing blockchain technology. The bank targets both individual and business clients and facilitates an online signup process for businesses. Snug Bank's mission includes corporate social responsibility initiatives, addressing ethical banking practices. The bank's online-only model aims to address challenges associated with traditional banking, offering flexibility and transparency, and is backed by Ecobank PLC.
Key facts
- Founded
- 2016
- Headquarters
- Lagos, Nigeria
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Banks
Business model
- GTM channel
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- 2 products and services
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Contact
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- Phone
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