Brass to Shut Down Independent Operations, Migrate Customers to Paystack MFB

Tekedia | 03-06-2026 11:08pm |

Nigerian fintech company Brass has declared its intention to discontinue its independent business banking operations and transition its customer base to Paystack Microfinance Bank (MFB). This strategic move is aimed at enhancing the financial infrastructure available to African businesses and expanding the capabilities offered to customers. As a result of this transition, Brass will no longer function as a standalone entity in the business banking sector.

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