UBA, fintech firm Layer partner to boost financial services

Digital banking platform provider, Layer on Tuesday announced it is partnering with United Bank for Africa to fuel its digital transformation aimed at providing greater access to a wider range of financial services for its Nigerian customers. Layer is a digital transformation platform that enables large financial institutions to rapidly revolutionize their customer and back-office digital experiences.

The company is one of the only European fintech firms to work directly with an African bank in rolling out a fast-paced, collaborative platform that aims to transform how data is utilized across the banking sector. Layer hopes to accelerate financial inclusion and digital transformation processes across the world through similar partnerships. The digital banking platform currently delivers banking services to over 25 million consumers through its existing collaborations.

However, Nigeria is only beginning it’s journey to reinvent the payment experience with figures from McKinsey showing a growing demand for digital banking services. According to the report, 46% of bank customers expect to use digital or mobile services more in the post-pandemic world.

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