FinaTrust Microfinance Bank
FinaTrust Microfinance Bank is a privately held Nigerian microfinance bank founded in 2009 and headquartered in Ikeja, providing banking services with a staff of 101-250. Its public web presence is currently non-functional.
- Company typePrivate
- Founded2009
- HeadquartersIkeja, Nigeria
- Headcount101–250
- GTM typeB2C
- OfferingServices
What FinaTrust Microfinance Bank does
FinaTrust Microfinance Bank is a Nigerian microfinance bank founded in 2009 and headquartered in Ikeja, Lagos State. Classified in firmographic data as "a provider of banking services," the institution operates within Nigeria's licensed microfinance banking segment, which typically serves low-income individuals, micro-entrepreneurs, and small businesses that lack access to mainstream commercial banking. The bank is privately held, for-profit, and reports a headcount band of 101-250 employees.
Specific product offerings (deposit products, loan products, fee-based services), pricing/interest rate structures, loan-book composition, deposit base, technology infrastructure, leadership team, branch network, and operating geography beyond Ikeja are not disclosed in the available source data. Critically, the company's primary web property (finatrustmfbank.com) currently displays a default cPanel placeholder page rather than substantive corporate content, and the source material explicitly notes the domain may be inactive, misconfigured, or under development. While firmographic data categorizes the entity as "operating," the absence of a functioning digital presence, combined with the lack of any disclosed products, management, or operational metrics, materially constrains what can be stated about the institution's current business model, revenue mechanics, or go-to-market strategy.
FinaTrust Microfinance Bank firmographics
Firmographics- Name
- FinaTrust Microfinance Bank
- Website
- https://finatrustmfbank.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- FinaTrust Microfinance Bank is a privately held Nigerian microfinance bank founded in 2009 and headquartered in Ikeja, providing banking services with a staff of 101-250. Its public web presence is currently non-functional.
- Ownership category
- akta.pro rank
FinaTrust Microfinance Bank industry classification
Industry- Product category
- Microfinance Banking
- NAICS
- Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Microloans & Working Capital Loans (FSAKAGAA)
- akta.pro secondary industries
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI), SME, Microfinance & Financial Inclusion Facilities (BPADACAI)
Keywords
Where FinaTrust Microfinance Bank is headquartered
LocationHeadquarters
- HQ city
- Ikeja
- HQ country
- Nigeria
- HQ region
- Africa
Markets served
FinaTrust Microfinance Bank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales
FinaTrust Microfinance Bank product offering
Product offeringCore offering
FinaTrust Microfinance Bank is a Nigerian-licensed microfinance institution that provides banking services, including deposit-taking and microcredit lending, to individuals and micro/small enterprises. The bank operates from Ikeja, Nigeria, and is positioned to serve underbanked and financially excluded segments through savings, loans, and related retail banking products.
Differentiator
Problem solved
Functional benefit
Companies that use FinaTrust Microfinance Bank
Customer profileIdeal customer profiles1 record
FinaTrust Microfinance Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
FinaTrust Microfinance Bank partnerships and signals
Strategic signalRecent moves1 record
FinaTrust Microfinance Bank competitors and assessment
Company assessmentBroad incumbents
- Sterling Bank: Nigeria-licensed commercial bank with a significant retail and SME lending footprint, including microfinance-style products. Broader incumbent that competes for the same Nigerian retail and SME deposit/credit customers.
- Kuda Bank: Nigerian digital-only bank offering savings, payments, and consumer credit. Comparable in serving the mass-market Nigerian retail customer that microfinance banks also target, though with a digital-only model.
Direct peers
- Renmoney: Nigerian microfinance bank offering loans, savings, and investment products to individuals and small businesses. Direct peer given overlapping product set (microloans, working capital, deposits) and target segments.
- Grooming Microfinance Bank: Nigerian microfinance bank serving SMEs and individuals with credit and deposit products. Directly comparable product offering and operating model in the same regulatory category.
- Baobab Microfinance Bank: Nigeria-licensed microfinance bank offering microloans, SME finance, and savings accounts. Comparable in business model, regulatory classification, and customer segment.
- LAPO Microfinance Bank: One of Nigeria's largest licensed microfinance banks, headquartered in Lagos. Directly comparable to FinaTrust as a deposit-taking, microcredit-focused institution serving low-income and SME customers in Nigeria.
- Accion Microfinance Bank: Nigeria-licensed microfinance bank offering microcredit, savings, and SME banking products. Direct peer operating under the same MFB license category.
- Page Financials: Nigerian microfinance bank providing consumer and SME loans plus deposit products. Comparable scale and customer base to FinaTrust within the same regulatory framework.
Emerging players
- FairMoney: Nigeria-based digital lender offering microloans and salary advances via mobile. Comparable in target customer and product (small-ticket credit), though differentiated by digital-first delivery model.
- Carbon (formerly Paylater): Nigerian digital lending platform offering personal and small-business loans. Comparable in microfinance customer segment, with a modern digital channel that contrasts with traditional MFB distribution.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat1 record
Key risks4 records
Key highlights3 records
Customer concentration
FinaTrust Microfinance Bank social profiles
Digital presenceFinaTrust Microfinance Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
FinaTrust Microfinance Bank leadership team
Management profileNumber of profiles
FinaTrust Microfinance Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FinaTrust Microfinance Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FinaTrust Microfinance Bank
What does FinaTrust Microfinance Bank do?
FinaTrust Microfinance Bank is a Nigerian-licensed microfinance institution that provides banking services, including deposit-taking and microcredit lending, to individuals and micro/small enterprises. The bank operates from Ikeja, Nigeria, and is positioned to serve underbanked and financially excluded segments through savings, loans, and related retail banking products.
Is FinaTrust Microfinance Bank a public or private company?
FinaTrust Microfinance Bank is a private company. It is classified as unknown and is currently operating.
When was FinaTrust Microfinance Bank founded?
FinaTrust Microfinance Bank was founded in 2009. It employs 101 to 250 people.
Where is FinaTrust Microfinance Bank based?
FinaTrust Microfinance Bank is headquartered in Ikeja, Nigeria, in the Africa region.
Who are FinaTrust Microfinance Bank's main competitors?
Broad incumbents on record are Sterling Bank and Kuda Bank. Direct peers are Renmoney, Grooming Microfinance Bank, Baobab Microfinance Bank, LAPO Microfinance Bank, Accion Microfinance Bank and Page Financials. Emerging players are FairMoney and Carbon (formerly Paylater).
Does FinaTrust Microfinance Bank have an API?
No public API is recorded for FinaTrust Microfinance Bank.
What industry is FinaTrust Microfinance Bank in?
FinaTrust Microfinance Bank's product category is Microfinance Banking. Its primary akta.pro industry code is FSAKAGAA, Microloans & Working Capital Loans, with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 5221 and its SIC code is 6022.