What is Corebank and how does it work?

Corebank is a fintech platform powered by Corestep Microfinance Bank that offers savings accounts, loans, investments, and e-banking services to help customers maximize their money. You can open a savings account with zero naira via the mobile app by selecting an account type, entering personal and address details, providing your BVN, and setting a password. It provides products like flexible savings (CoreFlex, CoreThrift), term deposits, salary advances (CoreSalad), SME loans, and digital channels including USSD (*5334#), mobile app, ATM cards, and POS.

What countries does Corebank operate in?

Corebank operates primarily in Nigeria.

How do I sign up for Corebank?

Download the Corebank Mobile App from the Android, sign up by selecting a savings account type, entering your personal details, BVN, and setting a password. You receive a unique account number instantly upon signup. Start saving or using services right away.

Does Corebank have a mobile app?

Yes, Corebank is available on Android. Download Corebank on the Google Play Store for Android.

Who is Corebank best suited for?

Corebank is best suited for individuals seeking savings and investments, salary earners needing loans like CoreSalad, micro, small, and medium enterprises for liquidity loans, petty traders and daily sellers for CoreThrift Advance, and trade groups or market associations.

How do I contact Corebank support?

Send an email to customercare@corestepmfb.com for support.

Does Corebank have a plan for teams or businesses?

Yes, Corebank offers business accounts, SME loans, CoreTrade Group/Associations Loans, and services like POS for merchants.

Corebank

🇳🇬 Nigeria

A Nigeria-focused digital banking platform for individuals and businesses to open accounts, save, invest, access loans, and transact via app, web, USSD, cards, and POS.

Use it on:Web Android· 3.8

Is Corebank right for you?

Best for

Nigerian individuals
Nigerian small businesses
Merchants with POS
Loan and savings users
USSD-first customers

What it does well

Account opening
Savings and investing
Loans access
App, web, USSD banking
Cards and POS payments

Things to check

Loan terms and limits
Investment options
USSD transaction fees
POS device setup
Card availability

Corebank is a digital banking platform powered by Corestep Microfinance Bank that serves individuals, merchants, and businesses in Nigeria with accounts, payments, and access to credit.

Key capabilities include:

Savings, investments, and loans: dedicated product pages for Savings, Investments, and Loans, including options for individuals, corporates, and trade groups.
E-banking across multiple channels: transact through USSD (*5334#), a mobile app, web sign-in, and debit cards for ATM and POS usage.
Merchant and business services: free business account opening via a dedicated business portal, plus POS for merchants with instant settlements.
Advisory and agency banking: access Banking Advisory and Agency Banking services through the platform.

Available on Web and Android.

It targets retail customers in both formal and informal sectors, plus Nigerian SMEs, corporates, trade groups, and merchants that need business accounts and day-to-day transaction channels.

Notable in the Nigerian market because it is offered by a Central Bank of Nigeria licensed microfinance bank (Corestep MFB) and emphasizes free account opening, zero banking charges, and no minimum balance for personal and business accounts (as stated in product materials).

As of Jun 29, 2026, Corebank is rated 3.8 on Google Play from 152 reviews with 10K+ installs.

Social Links:

Categories:

Fintech

Features & Business Model: