Sagicor Bank Barbados, the first fully digital bank in the English-speaking Caribbean, has launched its services in Barbados with the assistance of Mbanq, a USA-based fintech company specializing in Banking-as-a-Service (BaaS) solutions. This partnership allows Sagicor Bank Barbados to offer cutting-edge digital financial services and become the only bank in Barbados to provide virtual debit cards and cardless transactions through automated banking machines.
Facts
- Sagicor Bank Barbados has partnered with Mbanq, a BaaS provider, to launch its fully digital banking services in Barbados.
- Mbanq’s technology stack empowers Sagicor Bank Barbados to offer cost-efficient and modern digital financial services to its customers.
- Sagicor Bank Barbados is the sole bank in Barbados to provide virtual debit cards and cardless transactions through its automated banking machines.
- The bank’s mobile apps facilitate quick account opening, enabling customers to access a comprehensive range of financial services.
- Sagicor Bank Barbados offers various banking services, including deposit and savings accounts, virtual and physical cards, loans, and mortgages.
- Mbanq’s team collaborated closely with Sagicor Bank Barbados for technology development, training, and post-launch support.
- The bank’s stylish app, customer-focused approach, and cost-efficiency position it well to provide exceptional service to communities and businesses in Barbados.
