Guaranty Trust Bank (GTBank) has launched a new mobile banking application, the 737 App, as competition intensifies among Nigerian banks and fintech companies for younger customers.
Unveiled on November 11, 2026, the app introduces features including phone-number-based account details, free virtual naira Mastercard, instant loans for eligible customers and digital savings tools.
One of its key features allows customers to use their mobile phone numbers as account numbers when receiving transfers, eliminating the need to memorise or share their conventional bank account numbers.
The app also provides a free virtual naira Mastercard, which customers can use to make online payments on international platforms such as Amazon, Netflix, Spotify and AliExpress.
Another feature, Scan to Pay, allows users to scan payment details instead of manually entering account numbers when making transfers, helping to simplify transactions and reduce errors.
Beyond payments and transfers, the 737 App offers savings tools designed to help users set aside money for personal financial goals. It also provides instant loans to eligible customers, although GTBank has not disclosed the loan limits, interest rates or specific eligibility requirements.
Customers can also use the application to purchase airtime and mobile data and pay utility bills without switching between different platforms.
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GTBank Managing Director, Miriam Olusanya, said the app was developed to reflect how younger Nigerians save, spend and pursue their ambitions.
The launch builds on the bank’s existing youth-focused initiative, GTCrea8, which offers free banking services. However, GTBank has not clarified whether access to the 737 App is restricted to a particular age group or whether all existing customers can use its full range of features.
The application is available for download on the Google Play Store and Apple App Store. Both new and existing customers can complete digital onboarding to access its services.
The launch places GTBank in a more direct contest with digital banking platforms such as OPay, Kuda and Moniepoint, which have attracted customers through mobile-first banking, convenient payments and other digital financial services.
As Nigerian consumers increasingly rely on mobile applications for everyday banking, the 737 App represents GTBank’s latest attempt to strengthen its appeal among younger customers and compete in the country’s expanding digital banking market.
About the Author
Cecilia Attah is a tech analyst with a degree from Benue State University. She covers tech news and startups at TechRegard with a focus on how technology is transforming Africa and shaping the global landscape.
