Introducing Safe Haven Microfinance Bank

SafeHaven MFB is a wholly-owned subsidiary of Sudo, functioning as a card issuing entity and operating as a licensed bank.

Introducing Safe Haven Microfinance Bank

SafeHaven MFB is a CBN licensed and regulated microfinance bank based in Nigeria. With a focus on providing convenient and secure digital banking services, SafeHaven caters to the unique needs of both businesses and individuals looking for simple, efficient and safe banking.

This article will explore the offerings and services provided by SafeHaven MFB for those interested in leveraging its digital banking or open API banking services.

Banking Services

SafeHaven MFB operates as an independent entity, offering digital banking services to businesses and individuals. Individuals can open accounts, access cards, and perform utility payments, while businesses can create accounts for their customers, process payments, and utilize identity verification services at the comfort of their homes without having to visit a physical office. SafeHaven MFB is a wholly-owned subsidiary of Sudo, functioning as the backbone that supports Sudo's robust card issuing infrastructure. This ensures compliance with local regulations while facilitating the issuance of Sudo cards, along side identity verification services using NIN and BVN.

Account Types

SafeHaven MFB provides two types of accounts tailored to different needs:

  • Individual Account: Designed for personal use, this account allows individuals to manage their funds, make transfers, and make payment for utility services.
  • Corporate Account: Tailored to businesses and corporations, this account offers comprehensive financial management capabilities, including payment services, utility/bill payment services, and verification services.

SafeHaven MFB facilitates a range of banking services to meet the diverse needs of its customers. These services include;

  • Payment Services: Users can enjoy seamless transfers (both inward and outward), payments via channels such as POS, Web or ATM, virtual and physical card options, wallet creation etc.
  • Utility/Bill Payment: SafeHaven MFB enables convenient airtime and data purchases, cable TV subscriptions, and utility bill payment.
  • Verification Services: The bank offers comprehensive verification services, including BVN and NIN verification, CAC verification, and credit checks for businesses, enhancing security and compliance.
  • Open API Banking: SafeHaven MFB provides developers with access to core banking infrastructure to automate their business processes. The API can be used for a number of use cases such as creating accounts, managing beneficiaries, making transfers, and viewing balances.

Location and Contact Information

SafeHaven MFB is located at Duplex 10 Mabushi Ultra Modern Market Jahi, 900288, Abuja. For further inquiries, you can reach out via email at Our dedicated support team is available to assist you.

SafeHaven Microfinance Bank offers a comprehensive suite of digital banking services to businesses and individuals in Nigeria. With its user-friendly interface, and secure transactions, SafeHaven MFB empowers customers with efficient financial solutions catered to each unique business model. Whether you need seamless fund transfers, convenient bill payments, or robust API core banking infrastructure, SafeHaven MFB is committed to providing you a reliable and customer-centric banking experience.

To get started on SafeHaven as a business or individual, visit our website here. If you’re a developer looking for an open API banking infrastructure, read our API documentation here.

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