9 Payment Service Bank (9PSB) has been named the Digital Bank of the Year at the 2025 RegTech Rockstar Africa Awards, a prestigious recognition that celebrates innovation and excellence in the African financial sector.
The award, presented in Lagos, Nigeria, places 9PSB ahead of several other contenders in the Digital Innovation category, including traditional financial institutions and emerging fintech companies. The bank announced the win in a statement released on Sunday, describing it as a major milestone in its journey toward redefining digital banking in Nigeria.
The RegTech Rockstar Africa Awards recognises firms that have demonstrated excellence in regulatory technology, product development, customer service, leadership, and financial innovation. Winners are selected based on their impact and contribution to the transformation of the financial services landscape in Africa.
According to 9PSB, this recognition strengthens its position as a key player in the Nigerian financial ecosystem. The bank said the award is a reflection of its continued effort to bridge financial gaps and promote digital financial inclusion across the country.
The Chief Marketing Officer of 9 Payment Service Bank, Ikechukwu Ugwu, expressed gratitude for the award and acknowledged the efforts of the team that made it possible.
“We are truly honoured to receive the 2025 Digital Bank of the Year award,” he said. “This recognition reflects our relentless commitment to driving innovation, enhancing financial inclusion, and delivering seamless digital banking solutions to Nigerians. At 9PSB, we believe technology is a powerful enabler, and this award motivates us to continue pushing boundaries of innovation to provide seamless, secure, and efficient financial services for all.”
Ugwu also dedicated the award to the staff and customers of 9PSB, noting that the success would not have been possible without their support and commitment.
“This achievement would not have been possible without the dedication, hard work, and innovation of our talented team at 9PSB, as well as the trust of our customers. We say a very big thank you to the RegTech team and organisers of this event,” he added.
Since its launch, 9PSB has played a central role in providing digital banking solutions to underserved and unbanked Nigerians. The bank has focused on expanding access to secure, real-time, and user-friendly financial services by leveraging technology to address longstanding challenges in the sector.
Its mobile and agent banking platforms allow individuals in rural and urban areas to perform banking transactions such as deposits, withdrawals, transfers, and bill payments with ease. 9PSB has also partnered with telecom providers and fintechs to deepen access and build a more inclusive financial system.
As Nigeria continues to shift toward digital banking and cashless transactions, awards like this not only celebrate current progress but also highlight the growing importance of innovation in the country’s financial services industry.
The bank’s recognition at the RegTech Rockstar Africa Awards is a boost for the digital banking ecosystem and reaffirms the importance of financial technology in creating accessible, scalable, and efficient solutions for everyday Nigerians.
