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Nairametrics
Home Companies

Parallex Bank 2.1: Over 200 new features to power your financial freedom 

NM Partners by NM Partners
May 5, 2025
in Companies, Corporate Updates
Parallex Bank 2.1: Over 200 new features to power your financial freedom 
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Parallex Bank has launched Version 2.1 of its mobile banking app, introducing over 200 new features that enhance user experience and deliver more intuitive, secure banking.

Building on the success of Version 2.0, the latest release offers smoother navigation, quicker access to services, improved performance, and faster load times, enabling customers to complete banking tasks more efficiently.

The new app enables users to book local and international flights, as well as intercity bus trips, directly from their mobile devices, making travel planning seamless.

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Customers can now schedule one-time or recurring transfers and use the new bulk transfer feature to send funds to up to ten accounts simultaneously, streamlining personal and business transactions.

Education services have also been upgraded, allowing customers to purchase WAEC Result Checker PINs easily through the app. Additionally, a new loan request feature provides customers with a simple, fully digital loan application process.

Addressing the growing need for secure online transactions, Parallex Bank has introduced the Parallex Virtual Card, available in Verve and Mastercard options. The Virtual Card can be used across e-commerce platforms, streaming services, ride-hailing and food delivery apps, digital learning platforms, and more.

Dr. Olufemi Bakre, MD/CEO of Parallex Bank, reaffirmed the bank’s commitment to innovation, stating, “With each update, we strive to enhance our customers’ banking experience, ensuring our app remains at the forefront of innovation and user satisfaction.” 

Parallex Bank’s Mobile App 2.1 is available for download on the iOS App Store and Google Play Store. Existing users can update their apps easily, while new users can register through the app’s intuitive sign-up process. For more information or assistance, customers are encouraged to visit the Parallex Bank website or use the help section within the app.


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Tags: Dr. Olufemi BakreMobile Banking appParallex Bank
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

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