Sole Fintech Plans to Open Cooperative Bank

Sole Fintech plans to open its own bank called the Sole Cooperative Bank, Chairman Semi Tukana has announced.

Mr Tukana said the company has grown “from its humble start in 2021,” noting it received its Reserve Bank of Fiji licence on the 27th July 2023.” He added, “That means Sole Fintech is only 2 years old. We are just a toddler.”

He claimed “a few major Corporations here in Fiji” are “banding together to stifle our progress. Literally sabotaging our operations.” According to Mr Tukana, these firms “put in roadblocks to make it difficult for members to transfer money from their platform to the Sole platform and vice-versa.”

“What does it mean to us here at Sole Fintech? It means only TWO things,” he said. “ONE: That we are doing the Right thing and going in the Right direction.

TWO: It is TIME to start our own BANK called Sole Cooperative Bank. A Totally and Fully Automated Bank; owned by the People, built by the People, and To Serve the People.”

The statement ended with a rallying call: “IT IS TIME. TOSO VITI. WATCH THIS SPACE.”