Lagos, Nigeria – 21st October, 2025 — As Nigeria’s microfinance sector celebrates 20 years of empowering communities and expanding access to finance, Qore, Africa’s leading Fintech Infrastructure and Banking-as-a-Service provider, has announced its role as headline sponsor of the 20th Anniversary of the National Association of Microfinance Banks (NAMB).
The partnership underscores Qore’s dedication to powering the next phase of growth; helping microfinance banks digitise faster, collect more reliably, and serve customers better with the infrastructure and support to scale sustainably.
Over the past two decades, microfinance banks have driven inclusion for millions of Nigerians; enabling entrepreneurs, small businesses, and low-income households to access credit and financial tools that transform lives. As the umbrella body representing more than 900 licensed microfinance banks, NAMB has championed policy advocacy, capacity development, and collaboration across the subsector.
Against this backdrop, Qore is focusing on practical next steps for microfinance banks ready to digitise operations, automate lending, and deliver instant financial services that scale.
For over 15 years, Qore has been at the heart of Nigeria’s financial infrastructure; powering more than 600 financial institutions, processing over 250 million transactions monthly, managing ₦155 billion in balances, and facilitating ₦150 billion in loans each month.
Its suite of platforms embodies this impact. BankOne offers enterprise-grade extensibility through open APIs and multiple partner add-ons, helping MFBs evolve from manual processes to agile, digital operations. Recova powers complete lending automation, from seamless loan origination and disbursement to real-time collections and reporting, giving institutions greater efficiency, transparency, and control. Cluster enables live 60-second collection flows on POS devices, simplifying how institutions manage payments across agents and customers.
Pryme delivers instant card issuance at counters, card vending machines, and virtual cards for digital channels; all backed by clear SLAs and proactive uptime support that ensure reliability and customer confidence. Together, these solutions demonstrate Qore’s drive to build the resilient digital backbone that microfinance banks can trust to grow.
“The story of microfinance in Nigeria is one of courage, innovation, and community,” said Patrick Irebo, Vice President of Core Banking and Merchant Services at Qore.
“For 20 years, NAMB and its members have expanded access to finance for millions of Nigerians. At Qore, we are privileged to power the next frontier, helping microfinance banks strengthen their operations, build digital resilience, and continue driving inclusion at scale.”
The NAMB @ 20 celebration is more than a milestone; it is a platform for reflection, collaboration, and shared purpose in charting the future of financial inclusion in Nigeria. As headline sponsor, Qore will engage directly with industry leaders, share its impact stories, and showcase how its technology continues to transform microfinance across Africa.
Visitors are invited to book a 45-minute consultation session or sign a non-binding Letter of Intent at the Qore stand to access a free readiness assessment and other exclusive offers during the event.
About Qore
Qore is a leading Fintech Infrastructure and Banking-as-a-Service provider, delivering innovative technology, platforms, and services to fintechs, banks, and enterprises. By powering other financial institutions through APIs, software, and infrastructure, Qore enables efficient building, scaling, and operation of financial products globally. Leveraging its proprietary technology, Qore also offers comprehensive Banking-as-a-Service solutions to unlicensed financial entities, expanding access to inclusive and sustainable financial services.
For more information, please visit www.qore.inc or email [email protected].