Digital Banking; A Look At Rubies Bank (Mainstreet MFB)

Plantain Farming Business: The Low Profile Money Maker
August 19, 2019
CBN Abuja HQ
CBN to track, stop bad debtors from further borrowing
September 9, 2019

Digital Banking; A Look At Rubies Bank (Mainstreet MFB)

Digital Banking; A Look At Rubies Bank

Times are changing. The Banking industry (FINANCE INDUSTRY), is also experiencing this change. About a decade ago, no one saw the possibility of cashless transactions or the Success of ATM’s dispensing cash. In fact, those who refused to flow with the technological advancements were immediately left behind. The ease of doing business with Digital Financial services made the crossover quick. The transparency and slick experience offered caused a great shift in customer loyalty. Remember, he who satisfies Customers need is KING.

Retail banking is a sector with a lot of customer dissatisfaction and mistrust. About 80% of Nigerians are still with any of the “BIG 6 HIGH STREET BANKS”. For a digital Banking firm to get a chance of survival here, it has to be radical in its approach. Such mooves can be simply adopting simple steps that please the common man.

We believe that Rubies Bank is that Ice Breaker, the Digital Bank here to satisfy.

Rubies Bank is a fully digital banking platform, they offer a Zero fee! Yes, ZERO. With targets for the Millenials, Young professionals and SME’s, etc. The Financial institution births new ideas into the Banking Sector. Totally powered by Cloud TECHNOLOGY, AI & Analytics.

Unique Features & Offers 

Exceptionality is the aim of rubies bank. Below are some features you’ll not find at other banks.

  1. Personalized account Numbers (Yes, your Phone Number, Birthday’s or any special number can be made to be your account number)
  2. FREE DEBIT CARD, WITH PERSONALIZATION FEATURES. Also, it is delivered to you at no cost.
  3. Money Request – Bye to the days of “I don’t have your account number, you can simply ask your Debtor for the money owed. This is how it works, the feature allows you to request and instantly get credited from someones account number or even phone number, once they approve you get credited.
  4. Proximity Transfer- With this you can send money using Location. (Yes, the coolest way of transferring cash)


Rubies want you to EARN TOO.

Who turns down an offer to earn? Rubies bank wants its customers to earn too, they have this plan that allows anyone to become an independent banker.

if you are willing to run your own mini bank, they serve as a platform for you to simply bring your customers on-board. Your customers use a unique link each time they do a transaction and you earn.

Everyone is a winner with rubies.


The Difference With Rubies And other Banks?


  1. Bank Charges –  Traditional banks gives rooms for bank charges, even for the most minute transactions. For rubies bank, the cost is driven down to almost ZERO. For inter-bank charges, rubies charges just N21, against the N52 by traditional banks. This N21 is paid to the switches, not even Rubies banks. 
  2. Social Appealyou interact with other users on Rubies and get alerted when your buddies join Rubies, Proximity feature allows you to see people around you. The look and feel is sleek, neat and appeal
  3. Money Markethis is where you make money either by investing or providing money to those who need it on loan. Rubies Credit score is growing in popularity as a standard.
  4. Open BankingAPI-based architecture of Rubies will give it the scale it yearns. Open banking architecture allows smooth integration with FINTECH companies, SMEs and other quasi-financial institutions while Rubies serves a layer-2 Clearing function.
  5. Bank-As-A-ServiceRubies Technology is available for use by any other financial institutions playing in Banking, Finance, Technology and FINTECH industries, thus offering the bank as a service. 


Rubies is here to give financial freedom, control and disrupt the way of banking.


Leave a Reply

Your email address will not be published. Required fields are marked *