Mindblown: a blog about philosophy.

Mintyn digital bank is well established and has all the fintech features that makes both our old and potential customers find more value in us; This makes us stand out from other fintech digital companies. The referral program is something we are proud of and is not like any other company referral program but ours keeps…

Thanks to technological advancements and online data security, confidence in online banking has increased tremendously in Nigeria. People are opening online banking accounts and ditching their traditional bank accounts to enjoy seamless, affordable, and secure banking services from digital banks. Online banking defines convenience clearly in the way most Nigerians want it. From opening an account…

The Nigerian digital banks have played a significant role in helping the Central Bank of Nigeria (CBN) implement its cashless policy. While the CBN planned to reduce the amount of money in circulation through its currency redesign, it failed to understand that traditional banks can’t enforce the policy. As cash became scarce, the pressure on the banks…

On almost every street in Nigeria today, there is a POS store where you can conduct various transactions. POS (Point of sales) has developed into a popular and successful business in Nigeria. And like any new business initiative, everyone wants to be a part of it. So this underscores the need to start a POS…

Following the Central Bank of Nigeria (CBN) regulations about money transfers to and from Nigeria, there is a need to find alternative methods of sending money to Nigeria because sending in Nigerian naira is no longer an option for anyone outside Nigeria(Leaving outside Nigeria). Domiciliary accounts are helpful in this situation. As an individual, you need to know…

It has been a general belief overtime that using traditional banks in Nigeria to transfer money internationally is the safest and best option. It is convenient to infer that this no longer holds water. Why? The emergence of a digital payment system designed by a different financial institution to facilitate international money transfers from, and to Nigeria!…

Commercial banking is a collection of bank services and products made to cater to the financial requirements of government, medium-sized, and corporate clients. Deposit accounts, commercial financing options, merchant services, and investment goods fall under this category. This contrasts with retail banking, which provides comparable financial services to individual clients and the general public. In…