Company Information

Get to know EdFin MfB (Education Finance)

EdFin Microfinance Bank Limited is a specialized financial institution licensed by the Central Bank of Nigeria (CBN). Incorporated in 2017 and commencing operations in 2019, its mission is to empower the education sector by providing tailored financial solutions. The bank offers a range of products including loans for school development, working capital for schools, school fees financing for parents, and asset financing for education staff, alongside various savings and investment products, aiming to improve access to quality education in Nigeria.

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Financial BankingPRIMARY
Financial Other Service

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EdFin MfB (Education Finance)

Nigeria

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.