Parallex Bank

Lagos, Nigeria Founded: 2020 • Age: 6 yrs
Offers digital banking services for individuals and businesses.

About Parallex Bank

Parallex Bank is a Financial Services company based in Lagos (Nigeria) founded in 2020. It offers digital banking services for individuals and businesses. It operates on a B2C model. Its focus areas include Finance, Banking and Digital Banking. Its competitors include Kuda, Carbon and FairMoney; 3 of its 3 listed competitors have raised funding.

Company details

Parallex Bank offers digital banking services for individuals and businesses, focusing on finance, banking, digital banking, and offering financial products and advice. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

People of Parallex Bank

31 people are tracked at Parallex Bank (16 in leadership, 7 in board & advisors, 8 in team).

NameRoleGroup
Akinshola Akintilo
Chief Information Security OfficerLeadership
Esekheigbe Damian
Chief Operations OfficerLeadership
Ayodeji Abimbola
Head, Treasury & Institutional BankingLeadership
Oluwakemi Orimoloye
Chief Information OfficerLeadership
Emmanuel Elaho
Head, Admin & Corporate ServicesLeadership
Patrick Mbagwu
Head, Human ResourcesLeadership
Bola Ibrahim
Chief Finance OfficerLeadership
Chika Idigo
Head, Legal ServicesLeadership
Femi Bakre
Managing DirectorLeadership
Seyi Ogundipe
Head, Internal AuditLeadership
Ademola Adeshola
Head, Brand &CommunicationsLeadership
Uwakwe Nnamdi
Head Of OperationsLeadership
Okeke Okechukwu
Head E-business Operations (lead Reconciliation, Settlement, Chargeback And Payment Processing)Leadership
Musa Muhammad
Head, IT Service Management And GovernanceLeadership
Mayowa Osinubi
Head Of Customer ExperienceLeadership
Isioma Gogo-Anazodo
Chief Compliance OfficerLeadership
Adeniyi Adewale Oluwole-Isaac
Independent Non-Executive DirectorBoard & advisors
Vale Odu-Thomas
Non-Executive DirectorBoard & advisors
Okpokor Ezewu
Independent Non-Executive DirectorBoard & advisors
Thomas Ehis Amenkhienan
Non-Executive DirectorBoard & advisors

11 more people are available in the full profile.

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Competitors of Parallex Bank

Parallex Bank has 3 listed competitors in our database, 3 of them funded. They include Kuda, Carbon and FairMoney.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
kuda.com2017Lagos, Nigeria$91.6M
Kuda is recognized as a digital banking app for Africans.
getcarbon.co2012Lagos, Nigeria$10M
Digital banking services for individuals and businesses are offered.
fairmoney.io2017Ikeja, Nigeria$54.47M
Digital microfinance banking services are offered to individuals.
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Related news about Parallex Bank

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Frequently Asked Questions about Parallex Bank

Parallex Bank was founded in 2020.

Parallex Bank is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.

Parallex Bank offers digital banking services for individuals and businesses, focusing on finance, banking, digital banking, and offering financial products and advice. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Parallex Bank's top competitors include Kuda, Carbon and FairMoney.

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