In a landmark deal set to elevate Nigeria’s digital banking experience, Qore, a leading fintech infrastructure provider, has partnered with Money Master Payment Service Bank (PSB) a licensed financial institution and subsidiary of Globacom Limited, to expand Money Master PSB’s digital banking offerings.
The partnership is also expected to drive financial inclusion across Nigeria, Africa’s most populous nation and one of the largest economies on the continent.
Under this partnership, Money Master PSB will operate on Qore’s enterprise-grade core banking platform, BankOne Enterprise, alongside Qore’s open API ecosystem, enabling a fully digital, scalable, and secure banking experience across channels including mobile apps, USSD, and wallets.
The collaboration enhances Money Master PSB’s capacity to manage end-to-end operations, including account management, transaction processing, onboarding and KYC, payments, reconciliation, and API-level integrations allowing the bank to deploy new products faster, scale efficiently, and deliver exceptional customer experiences.
Powering Growth and Innovation with BankOne Enterprise
BankOne Enterprise is the advanced edition of Qore’s trusted BankOne platform, designed for institutions that demand high performance, reliability, regulatory compliance, and rapid scalability.
Its modular architecture and open APIs allow Money Master PSB to integrate seamlessly with partners and distribution channels while maintaining robust controls and visibility.
“This partnership with Money Master PSB is a bold step toward reshaping the future of digital banking in Nigeria,” said Patrick Irebo, vice president, Core Banking & Merchant Services at Qore. “
Irebo added: “With BankOne Enterprise and our open API ecosystem, we’re not just powering operations we’re enabling innovation, scale, and inclusion at unprecedented levels. This collaboration reflects our shared commitment to driving transformative progress across Africa’s financial institutions.”
Expanding Access and Inclusion
The vice president further noted that with a vision to build one of Nigeria’s most widely distributed networks of digital financial touchpoints, Money Master PSB is now positioned to broaden access to essential financial services, particularly for underserved and unbanked communities.
“By leveraging Qore’s robust technology infrastructure, the bank can accelerate product innovation, enhance customer engagement, and grow efficiently with market demand,” said Irebo.
Qore is a Fintech Infrastructure and Banking-as-a-Service (BaaS) provider, delivering enterprise-grade technology, platforms, and services to banks, PSBs, fintechs, and enterprises across Africa.