Carbon: A.I Business Banking1.3.8

Carbon Business brings the power of SME banking right into your hands. Designed for small and medium-sized enterprises (SMEs), our app combines traditional banking features with artificial intelligence to help manage your business finances efficiently and effectively. From seamless transactions to insightful AI-powered analytics.

Carbon Business is your go-to business bank for:

AI Business Assistant: Get personalised financial insights to make informed decisions for your business growth.
Instant Transactions: Send and receive payments instantly.
Create business accounts instantly and also sub-accounts for specific uses.
Cashflow management: Monitor your spending patterns, categorize expenses, and manage your budgets with ease.
Loan Services: Access low interest business loans with competitive rates and flexible repayment options.

Version History Performance and stability improvements to the loan dashboard. 1.3.8 6d ago - A redesigned payment flow, from bank selection to recipient confirmation.
- Resend your approval code without restarting a payment.
- Decline loan requests before they go to review.
- Simpler business lookup with CAC prefix selection during signup.
- More reliable business registration with improved document uploads. 1.3.7 Sep 22 Smart Bank Suggestions: The app now automatically detects and suggests the most likely recipient banks as you type an account number, making transfers faster and more accurate.

Improvements:
Stability Enhancements, and general bug fixes

Update now for the best Carbon Business Banking experience. Thank you for banking with us! 1.3.6 Aug 27 Show Balance toggle in Account Alerts — You can now choose whether your balance appears in account alerts, right from your alert settings.

Improvements

Safer business verification — Improved checks during business verification to prevent duplicate-name conflicts and guide you if an issue comes up.

Redesigned loan application — A cleaner, more consistent way to apply across SME and Flex, with terms shown up front.

Upgrade to Pro without leaving the screen — Tapping a Pro feature now opens the upgrade offer right where you are, so you can start your free trial or activate Pro instantly.

Update now for the best Carbon Business Banking experience. Thank you for banking with us! 1.3.5 Aug 27 Show Balance toggle in Account Alerts — You can now choose whether your balance appears in account alerts, right from your alert settings.

Improvements

Safer business verification — Improved checks during business verification to prevent duplicate-name conflicts and guide you if an issue comes up.

Redesigned loan application — A cleaner, more consistent way to apply across SME and Flex, with terms shown up front.

Upgrade to Pro without leaving the screen — Tapping a Pro feature now opens the upgrade offer right where you are, so you can start your free trial or activate Pro instantly.

Update now for the best Carbon Business Banking experience. Thank you for banking with us! 1.3.4 Aug 13 Bulk Team Invites – Invite multiple team members in a single action.
Flexible Invitations – Phone number is now optional when inviting team members, giving you more flexibility during onboarding.
Performance Enhancements – Faster navigation, improved stability, and a smoother overall experience.
Update now for the best Carbon Business Banking experience. Thank you for banking with us! 1.3.3 Jul 24 Faster Loan Decisions – Attach your bank statement (PDF or CSV) right in your loan application. No extra steps, just faster approvals.
Instant Navigation – Deep links take you straight where you need to go — no more hunting through menus.
Enhanced Performance – Faster load times and smoother navigation across all features.
Update now for the best Carbon Business experience. Thank you for banking with us! 1.3.2 Jul 23 Introducing streamlined business registration and enhanced loan application workflows designed to accelerate your growth.

What’s New
Instant Business Registration – Register your business directly within the app, eliminating delays and simplifying compliance.

Loan Top-Ups – Eligible customers can now easily top-up their existing loans with faster approvals and transparent eligibility checks.

Enhanced Performance – Faster load times and smoother navigation across all features.

Update now for the best Carbon Business experience. Thank you for banking with us! 1.3.1 Jun 30 Redesigned onboarding, business verification, and loan journeys for a simpler and more seamless experience.

Improvements: Optimized performance, smoother navigation, and general enhancements for a more reliable app experience.

Update now to enjoy a more seamless Carbon Business experience. Thank you for choosing Carbon Business! 1.3.0 May 18 Enjoy a faster, smarter onboarding experience with improved security and compliance for business accounts.

What’s New
- Smarter onboarding with automated screening for safer, compliant account creation.

- Provide essential business information upfront to simplify account management and keep your operations compliant.

- Improvements: Optimised performance, and general enhancements for a seamless experience.

- Update now to enjoy the latest improvements, enhanced performance, and a smoother app experience. Thank you for choosing Carbon Business! 1.2.9 Mar 9 Improvements:

- Improved payout experience and invoice compliance.
- Enhanced onboarding flexibility and verification accuracy.
- General performance and stability improvements.

Update now to enjoy the latest improvements, enhanced performance, and a smoother app experience. Thank you for choosing Carbon Business! General performance and stability improvements. 1.2.8 Feb 4 Enjoy a faster, more reliable app with smarter insights and key updates for better business management.

What’s New
2025 Financial Wrap: A smart year-end summary with clear insights into your account activity.

Stamp Duty Update: In line with government regulations, a ₦50 stamp duty will be applied to outflow transactions above ₦10,000, with the sender bearing the cost. This change is government-mandated and takes effect January 1, 2026.

Improvements: Performance, stability, and general optimisations for a smoother experience.

Update now to explore your 2025 Financial Wrap and gain smarter business insights! 1.2.7 Jan 5 Enjoy a faster, more reliable app experience with smart new features and crucial bug fixes.

Improvements

- Performance & stability: General optimisations for a smoother experience.

Update now to enjoy smarter onboarding, enhanced security, and a more reliable Carbon Business app! 1.2.6 12/09/2025 Enjoy a faster, more reliable app experience with smart new features and crucial bug fixes.

Improvements

- Performance & stability: General optimisations for a smoother experience.

Update now to enjoy smarter onboarding, enhanced security, and a more reliable Carbon Business app! 1.2.5 12/08/2025 Upgrade your business onboarding with smarter validations, stronger security, and real-time activity insights, all in a faster, more reliable app.

Improvements

- Improved onboarding flow with clearer prompts and smarter field validations.
- Performance & stability: General optimisations for a smoother experience.
- Improved Quick Access screen with smoother performance and customisable shortcuts.

Update now to enjoy smarter onboarding, enhanced security, and a more reliable Carbon Business app! 1.2.4 11/28/2025 Latest
Pro Subscription: Introducing a premium plan that costs ₦5,000 per month, giving you higher daily limits (₦250M), multi-user access, advanced invoicing, sub-accounts, and interest on balances.
2FA with Google Authenticator: You can now set up 2FA using a QR code and secret key, and protect your account with one-time passcodes from Google Authenticator.
Selfie Capture for Directors: To improve identity verification, the app now requires a selfie capture and liveness check for the account opener and all listed directors. The process includes BVN face-matching, helpful reminders, and status updates for compliance.

Improvements/Fixes
We’ve made it easier to follow your transfer with a simple timeline and live loader that show every step until it’s complete.
General optimisations for a smoother experience.
Simplified the director onboarding flow with clearer selection and mandate handling.
Customers can now send their bank statements directly to any third-party email right from the app.
Fixed session issues that logged users out after completing the onboarding survey 1.2.3 09/15/2025 Fixed issues with onboarding that blocked users from completing sign-up after passcode and verification steps. 1.2.2 07/23/2025 Minor bug fixes and app optimisation 1.2.1 07/11/2025 Feature:
New Clipboard Detection Feature: When you copy a 10-digit account number, the app automatically detects it and suggests pasting it during transfers, making the process quicker and error-free.
Improvements:
Live Transaction Updates: Your transaction history now updates in real-time, ensuring you always see the latest information without manual refreshes.

Bug Fixes:
Crashes & Stability: Fixed crashes related to the Cash Flow dashboard and improved session reliability after app inactivity. Also, resolved glitches in payment fields, beneficiary selection, and time scheduling for transfers. 1.2.0 07/07/2025 Minor Bug Fixes 1.1.9 05/29/2025 Team Banking Enhancements
Introducing permission-based access control (PBAC) to manage visibility of wallet balances and transaction history, ensuring the right people see the right information.

UI/UX Improvements
Enjoy a smoother, more intuitive experience with refined layouts and improved interaction patterns throughout the app.

Passcode Protection
You can now set a secure passcode with an all-new interface, adding an extra layer of security to protect sensitive actions. 1.1.8 05/27/2025 Faster & Smoother Performance: Core improvements for quicker response times and seamless transitions.
Better Business Name Verification: Reduced rejections by handling name variations more effectively.
Simplified Onboarding: ID upload now accepts only NIN cards for a clearer, faster signup.

Bug Fixes:
- Signup text input now visible.
- Improved dark mode UI across screens. 1.1.7 04/29/2025 Fix: Resolved issue with BVN validation that prevents customers from onboarding
Impact: Users can now successfully verify their BVN and proceed with onboarding 1.1.6 03/21/2025 Enhancement
Team Banking – Assign team members as either admin or member based on your business needs. Admins now have similar privileges to the owner role but with specific restrictions on member management and certain business functions.

Bug Fixes
Invoice Tax Field Issue Resolved – Users can now enter decimal values for tax when creating an invoice. 1.1.5 03/18/2025 Special Action Banner – We've added a dynamic banner to guide you through important actions within the app, ensuring you never miss out on key features and updates.
BVN Watchlist Check – To enhance security and compliance, our system now verifies if a BVN is blacklisted before onboarding, ensuring a safer experience for all users. 1.1.4 02/28/2025