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Barely three years ago, Nigeria’s challenger bank, Sterling Bank Plc, was named Africa’s most agile company by the World Agility Forum. It nicked the highly coveted laurel for its exemplary application of agile processes and game-changing strides that is redefining financial technology in the country.
In its portfolio are solutions that transformed, digitized, simplified, and democratised investments in treasury bills; telemedicine app that predates COVID-19 outbreak and a biobank, as well as digital lending and digital credit solutions that have disbursed over N105 billion in loans in 36 months. These and more were driven by Sterling’s three-pronged strategic pillars of agility, digitisation, and specialisation; which is about using tech-enabled solutions to solve complex problems at scale.