What is the Sycamore MFB Account?

Created by Adewunmi Awofadeju, Modified on Wed, 20 May at 1:06 PM by Adewunmi Awofadeju

Sycamore has transitioned into a Mico-Finance Bank structure and this means that we now issue account numbers directly to our users instead of virtual wallets.


  • Every new or existing user without an account number can request one when they want to fund their wallet. 
  • New users can create a Sycamore MFB account once they have completed all the requirements for a Tier 1 account.


Existing users with Wema or Providus virtual wallets will see a pop-up asking them to complete the outstanding Tier 1 requirements in line with our new onboarding structure. It is at this point that they will be able to create a Sycamore MFB account as their secondary account.

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