UBA VERiCASH digital partnership marks 10 years of innovation with 10 million app downloads and a special promo celebrating loyal mobile banking users

UBA VERiCASH digital partnership has reached a major milestone, marking a decade of collaboration that has reshaped mobile banking in Africa.

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United Bank for Africa Plc on Monday celebrated ten years of transformative digital banking through its strategic alliance with fintech leader VERiCASH.

The result of this long-standing partnership is the highly successful UBA Mobile App, which has surpassed 10 million downloads across the continent.

The bank announced a special promotional campaign to commemorate the anniversary. The promo rewards loyal customers for using the mobile app, reinforcing the bank’s commitment to user engagement and digital innovation.

Speaking on the partnership, Group Head of Retail and Digital Banking at UBA, Shamsideen Fashola, credited the collaboration for solidifying the bank’s position as Africa’s leading digital bank.

“This partnership with VERiCASH has been instrumental in positioning UBA as Africa’s premier digital banking institution, which is indicated by the number of downloads and transactions we have processed in the past years,” Fashola said.

He noted that the app has played a vital role in bridging financial gaps and fostering inclusion in more than 20 African countries.

According to him, millions of previously unbanked individuals now access financial services from their mobile devices, a testament to the success of the digital strategy.

Ashraf Zaki, Chairman of CIT VERiCASH, shared his excitement about the journey, emphasising that the partnership exemplifies how innovation can redefine banking.

“Our collaboration with UBA over the past decade has been transformative, not just for both organisations, but for the entire African banking landscape,” Zaki said.

“We’ve witnessed firsthand how UBA’s commitment to innovation, combined with our technological expertise, has created a digital banking experience that rivals the best in the world.”

Group Head of Marketing and Corporate Communications at UBA, Alero Ladipo, expressed appreciation to customers and announced the celebratory UBA/VERiCASH promo.

“We are deeply grateful to our over 10 million app users who have been with us on this incredible journey.

Your trust, feedback, and loyalty have been the driving force behind our continuous innovation and improvement,” Ladipo said.

“To celebrate this milestone, we’re launching a promo where customers can win 10 times the airtime purchased. For 10 weeks, simply buy airtime via the UBA Mobile Banking App, and you could be one of 10 daily winners.”

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With this achievement, UBA and VERiCASH have reaffirmed their joint ambition to drive innovation and make banking more inclusive, convenient, and impactful across Africa.