FNB App hits 40,000 monthly activations

First National Bank (FNB) says its banking application has reached a quarter of a million active customers, with monthly FNB App activation’s reaching 40,000.

Michael Jordaan, who serves as CEO of FNB, announced the figures via his Twitter account on Wednesday (15 August).

Last month, the group reported that it now had 220,000 active users on its banking app and around R5 billion had been transacted through the App at that time.

FNB has now hit 250,000 active users, according to Jordaan.

Michael Jordaan, @michaeljordaan, 15 August 2012
Michael Jordaan, @michaeljordaan, 15 August 2012

FNB has also recently opened three dotFNB branches, with plans to roll out more branches in other urban centres. FNB has also recently launched Facebook banking.

Rival bank, Nedbank announced the launch of its digital banking app in-house in June (although it started in March), giving staff beta access to the App Suite ahead of the planned public release.

On 23 July, the group shared its app journey with a  select audience, although it stopped short of officially announcing the App Suite open to the public. It was originally scheduled for launch in May.

At the end of June, Standard Bank also launched its mobile banking app for Android,BlackBerry and iOS, taking its spot as the third bank to launch a mobile offering for customers.

The app, called “Standard Bank Mobile Banking”, allows users to access a number of the bank’s services, even if you are not an account holder. Users will only be allowed to access accounts from linked devices.

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FNB App hits 40,000 monthly activations