Routelink Group, a Nigerian digital solutions provider, has expanded its financial services operations with the launch of Routelink Microfinance Bank Limited. The development marks a new phase in Routelink Group’s strategy to move beyond digital payments and build a broader technology-driven financial services ecosystem. “RoutePay will continue to focus on payment technology, while Routelink Microfinance Bank will provide regulated banking services including deposits, savings and microcredit,” he said. He added that the microfinance bank would operate a digital-first model aimed at reducing some of the complexities traditionally associated with accessing financial services. “Routelink Microfinance Bank is adopting a digital-first operating model designed to reduce the complexity traditionally associated with accessing financial services,” Adeoti said.