Wema Bank has launched a new digital solution called CoopHub for Cooperative Societies.
The platform was unveiled on the bank's 79th-anniversary celebration.
According to the bank, CoopHub is designed to transform the operations of cooperative societies by providing tailored solutions that bridge the gaps in the traditional framework of cooperative societies.
Wema Bank's CEO, Moruf Oseni, stated that the platform was aimed at helping cooperative societies overcome struggles like manual recordkeeping, limited access to loans, poor communication, insecurity, and other restrictions. CoopHub was created as part of the bank's commitment to innovation and customer-centricity.
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