Stanbic IBTC Unveils APPbility 3.0 to Expand Digital Banking Services in Nigeria

Stanbic IBTC Holdings Plc has introduced an upgraded version of its mobile banking platform, APPbility 3.0, as part of efforts to deepen digital financial services in Nigeria.

The lender said the new release builds on the earlier Stanbic IBTC Super App and is aimed at giving customers a broader set of services in one place. According to the company, the platform is designed to handle both everyday transactions and more advanced financial needs through a simpler interface.

Wole Adeniyi, Chief Executive of Stanbic IBTC Bank, said the product marks a major step in the institution’s digital strategy. He said, “This is not just another launch; it is a monumental stride in our journey towards leading the charge in financial innovation. With APPbility, we are offering our clients an enhanced digital banking experience and redefining the essence of digital financial transactions in Nigeria.”

At the launch, the bank also outlined new features included in version 3.0. Kunle Adedeji, Acting Chief Executive of Stanbic IBTC Holdings, said users can now buy life and general insurance products on the app through the group’s insurance arm. He added that the platform has been reworked to connect more of the group’s offerings, including savings, transfers, bill payments and other personal finance tools.

The bank said the move reflects growing customer demand for integrated digital services that reduce the need for branch visits and allow users to manage more financial tasks directly from mobile devices. It added that security upgrades and usability improvements were part of the redesign process.

Stanbic IBTC’s latest app release comes amid stronger competition among Nigerian banks and fintech firms to win digital users. Industry players have increasingly focused on mobile-first products as smartphone penetration rises and customers expect faster, more reliable self-service channels.

For Stanbic IBTC, APPbility 3.0 is expected to support retail growth and customer retention by bringing banking, payments and insurance services into one experience. The bank said the launch aligns with its wider plan to widen access to formal financial services and support economic activity through technology-led solutions.

The company did not announce a separate rollout timeline beyond the official launch, but said customers can begin using the upgraded features through the mobile platform.