Access Bank has updated its digital loan platform, QuickBucks, to enhance lending services for Nigerian consumers.
The revamped platform now offers loans for various needs, including business, vehicle financing, and school fees, with access via USSD code, the Access More app, or the QuickBucks web platform.
Since launching its first digital PayDay loan in 2017, Access Bank has issued 18 million loans totaling over N740 billion.
QuickBucks Loans now feature extended repayment terms of up to 12 months and are available to salary earners, self-employed individuals, and business account holders. The platform also emphasizes low-interest rates, ranging from 5 to 15 percent, and easy accessibility through multiple channels.
Looking ahead, Access Bank plans to integrate advanced FinTech innovations like AI and blockchain to further enhance its digital lending services and stay competitive.
Business Day