riby finance

Riby is a Nigerian financial technology company, founded in 2016, that focuses on digitizing the financial activities of informal and formal member-based organizations. Its mission is to promote financial inclusion by providing cooperatives, trade groups, associations, and credit unions with access to a suite of digital tools for managing their finances. The company's core platform, Riby Co-Banking, offers services such as group savings management, loan administration, payments, and member data management, effectively modernizing traditional cooperative banking models (like Esusu and Ajo) for the digital age. Riby is licensed by the Central Bank of Nigeria (CBN) as a financial service provider.