Business

A New Era in Financial Innovation Begins

Written by Pyramid FM Kano

From: MUSTAPHA GAMBO MUHAMAD

KMC-KAYI Bank stands as a trailblazing financial institution headquartered in Kano, Nigeria, with a resolute mission to reshape the financial landscape through innovative and secure digital banking solutions. This visionary digital bank is deeply committed to augmenting financial accessibility, fortifying security, and embracing a customer-centric ethos.
During his inaugural address, the Managing Director of KMC-KAYI Bank articulated that the bank signifies more than just a financial entity; it embodies a catalyst for change, a gateway to
empowerment, and an emblem of security, agility, and customer contentment.

Addressing the unique features of KMC-KAYI Bank, Abdulganiyu Rufai, the Product Lead, expounded, “At KMC-KAYI Bank, we harness the formidable potentials of web3 technologies to fashion a seamlessly secure financial ecosystem. Our integration with top-tier cybersecurity solutions guarantees the safeguarding of financial transactions against potential threats.

“In the contemporary world, characterized by relentless swiftness, speed is of paramount importance. Our cutting-edge ML server architecture empowers us to facilitate lightning-fast
transactions, enabling you to send and receive money with unmatched speed and unwavering reliability,” emphasized Dr. Rufai.

Furthermore, Alhaji Sa’adina Dantata, Chairman of KMC-KAYI Bank, elaborated, “KMC-KAYI Bank is poised to redefine modern banking by offering a comprehensive array of services.
Ranging from stock investments and insurance to loan facilities and a savings structure with an exceptional return on investment, we cater to all your financial requisites under one roof.”

Dantata further expounded, “Our journey commences with inclusivity, targeting the unbanked and underbanked segments of society, thereby ensuring access to financial services that were hitherto out of reach. We also extend our services to the diaspora community, proffering cuttingedge cross-border payment solutions and supplying contemporary banking solutions for urban professionals.”

The official opening of KMC-KAYI Bank was graced by the presence of esteemed dignitaries, including His Royal Highness, The Emir of Kano, Alhaji Aminu Bayero, OFR, SP, who delivered
a heartfelt address said that He wished KMC KAYI well and assurred them of his full support and that of the Emirate .
His Royal Highness also said “I am very optimists it will contribute immensely to the economic and social well being of our people” before officially inaugurating KMC-KAYI Bank.

Also, in attendance was His Royal Highness Mai Martaba Sarkin Bichi, Alhaji Nasiru Ado Bayero, and he showed his excitement about the KMC-KAYI Bank, he explained that this platform will help the people in terms of running their business, receiving payments and also an avenue for creating job opportunities to the Kano population.
Kano State Elder Statesman and legendary Businessman, Maigirma Alhaji Aminu Alhassan Dantata who was represented by Alhaji Tajudeen Dantata mentioned that “This a great development for the people of kano and Nigeria at large, he called on his fellow business meno to accept KMC KAYI”.

Recall that last week in Abuja, the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani unveiled the Kayi App, promoted by KMC-KAYI Bank, which envisions a future where finance is not just accessible but also transformational.

The Kayi App is committed to enhancing financial inclusion through a customer-centric approach. Local agents are onboarding customers, promoting transactions, and boosting financial literacy. Next up: the launch of our efficient web app, followed by the mobile app release for an enhanced customer experience.

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