South African-Nigerian billionaire, Xolane Ndhlovu, has launched the Digital Bank of Africa. Also known as DafriBank, the Digital Bank of Africa is an all-encompassing digital bank founded by Ndhlovu to serve as an electronic payment platform for digital entrepreneurs and traders.
From today, everyone would be able to use DafriBank. Before now only a selected few were making use of the digital platform of DafriBank, an offshore bank licensed by the Central Bank of Comoros. It is borderless as anyone with access to the internet anywhere in the world can transact businesses, and open and operate an account with the bank. According to Ndhlovu, the bank also provides coverage for the unbanked and underbanked population of Africa.
DafriBank Digital lives up to its promise to open up new opportunities to the African population through future-centric ideals that centres on achieving an economically liberated continent.