Ecobank Nigeria has unveiled the Ecobank Business App, a new digital banking platform designed to boost the growth and sustainability of small and medium enterprises (SMEs) across the country.
In a statement, the bank revealed that the app, which is now available on both Google Play Store and Apple App Store, enables business owners to manage payments, monitor transactions, monitor cash flow and run daily financial operations directly from their mobile devices, reducing delays, queues and operational inefficiencies.
Speaking at the launch in Lagos, the Executive Director of the Consumer and Commercial Bank, Kola Adeleke, said the platform was designed to meet the diverse needs of Nigeria’s SME sector.
“Ecobank Business App caters to merchants, retailers, tech start-ups, online businesses, hospitality operators, farmers, manufacturers, construction firms, professionals, schools and associations who require transparent and efficient financial management,” he said.
The app offers sector-specific functionalities: fast payment collection for merchants and retailers, seamless digital transactions for online businesses, efficient vendor and employee management for hospitality operators, timely payments for agricultural value chains, and secure handling of wholesale and high-value transactions for manufacturers and manufacturing firms. Professionals like lawyers and consultants can easily issue invoices and receive payments, while schools and associations can streamline fee and dues collection and reporting from a single platform.
The launch reinforces Ecobank's commitment to empowering SMEs through digital innovation, structured loans, trade support, guarantees and equipment financing. The bank aims to reactivate dormant SME accounts, increase market penetration, encourage digital adoption and expand value-chain financing through strategic partnerships with corporate anchors.
With the Ecobank Business App, Ecobank Nigeria strengthens its position as a trusted growth partner for SMEs, providing tools that enable businesses to operate more efficiently, grow faster and compete effectively in the digital economy.
