How Turbo Finance is Flipping the Script
We listened.
By transitioning from a microfinance bank to a digital bank, Turbo Finance is addressing these real-life challenges head-on.
Here’s how we’re rewriting the story:
- Faster Access to Credit
- Imagine applying for a loan on your phone and getting a decision in minutes, not weeks. That’s the power of digital-first lending.
- Simplified Onboarding
- Account opening shouldn’t feel like a second job. With Turbo Finance, open an account in under 5 minutes—sign-up is digital, seamless, and paperless.
- Banking without borders
- Whether in Lagos, Accra, or Nairobi, access Turbo Finance 24/7 through mobile, web, USSD, or WhatsApp.
- Always-On Banking
- No more “banking hours.” From bill payments to savings to investments, our services will be accessible anytime, anywhere.
- Smarter Tools for Business Owners
- Whether you’re a shop owner, an online seller, or a corporate merchant, Turbo Finance provides dashboards and digital records that help you manage, grow, and scale with confidence.
- Part of something bigger
- As a member of the Turbo Group ecosystem (which includes PayInvert, Pay4Power, TurboSend, and Turbo Energy), Turbo Finance connects users to a wider range of services—payments, energy, and more—designed to make life simpler.
- A Human Touch, Digitally Delivered
- Yes, we’re digital-first, but customer support will still be here, backed by smarter systems that actually make problem-solving faster.
Beyond Nigeria: Why This Matters Globally
While Nigeria provides a clear snapshot of financial exclusion and the opportunities that digital banking presents, this challenge is not unique. Across Sub-Saharan Africa, 350 million adults remain unbanked (World Bank Global Findex, 2017).
- Barriers to Financial Access: Among unbanked adults in the region, 32% cite insufficient funds or irregular income as the primary barrier to opening an account, 22% point to distance from financial institutions, and 30% are excluded due to lack of necessary documentation.
- Mobile Money Adoption: Sub-Saharan Africa leads globally in mobile money usage, with 21% of adults holding a mobile money account, compared to just 4% worldwide.
- Formal Account Ownership: Despite this, only 43% of adults in Sub-Saharan Africa have an account at a bank or regulated institution.
These figures highlight that the issues of access, trust, and affordability are regional, not just national. They also underline why digital-first banks like Turbo Finance are not simply responding to Nigerian realities, but to a continental challenge: bridging the financial inclusion gap while creating scalable, trustworthy, and affordable banking solutions.
What This Means for You
For existing customers, it’s about more control, swift service delivery, and transparency.
For new customers, it’s about finally having a bank that speaks your language—digital, efficient, and people-first.
No more “we’ll get back to you.” With Turbo Finance, your hard earned money and business gets the respect and support it deserves.
The Bigger Picture
This transformation is just one piece of Turbo Group’s wider vision: to connect fintech, energy, and digital solutions into a seamless ecosystem that powers everyday life. Turbo Finance, as a digital bank, is the financial backbone of that mission.
Final Word
Transformation isn’t just about keeping up with change—it’s about leading it.
At Turbo Finance, we’re not asking you to wait in line anymore. We’re giving you the tools to move forward, faster and dream bigger.
The future of finance is digital. And with Turbo Finance, the future is already here.
