Digital & Mobile Loans Nigeria

Reviews of digital and mobile lending apps available in Nigeria: instant loans disbursed within minutes directly to your bank account or mobile wallet.

Found 9 reviews

Carbon (formerly Paylater) is one of Nigeria most established digital lending platforms, offering instant personal loans through its mobile app. Carbon is licensed by the Central Bank of Nigeria and h…

  • Instant loan approval and disbursement within 5 minutes after application
  • Fully digital process: no branch visit or physical documentation required
4.5
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FairMoney is one of Nigeria fastest-growing digital lending platforms and microfinance banks. Founded in 2017, FairMoney is licensed by the Central Bank of Nigeria and has served over 5 million custom…

  • Loans disbursed within 3 minutes of approval directly to bank account
  • One of the lowest minimum loan amounts at ₦1,500 for first-time borrowers
4.4
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Kuda is a CBN-licensed microfinance bank and digital-only bank in Nigeria, commonly referred to as "the bank of the free". Kuda offers an overdraft facility and personal loans to its active account ho…

  • Very competitive interest rates among digital lenders in Nigeria
  • Overdraft facility disbursed instantly for eligible Kuda account holders
4.4
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Branch International is a global digital lending company operating in Nigeria, Kenya, Tanzania and India. In Nigeria, Branch is regulated by the Central Bank of Nigeria and offers personal loans throu…

  • No collateral, guarantor or physical documentation required
  • Fully automated credit decision using alternative data including smartphone behaviour
4.3
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Palmcredit is a digital lending product operated by Newedge Finance Limited, a CBN-licensed microfinance company in Nigeria. The platform offers instant unsecured personal loans via a mobile app, targ…

  • Instant approval and disbursement without branch visit or documentation
  • Available to both salaried employees and self-employed individuals
4.2
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Aella Credit is a CBN-licensed Nigerian fintech company offering personal loans and salary advances. The company focuses on employer-based lending partnerships, providing employees at partner companie…

  • Salary advance facility for employees at partner employers at low rates
  • Personal loans also available to non-partner-employer customers
4.2
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QuickCheck is a Nigerian digital lending company that uses machine learning and alternative data to make instant credit decisions. The platform is available on Android and offers personal loans to emp…

  • Machine learning credit model assesses applicants beyond formal credit history
  • Fast disbursement within 10 minutes of approval
4.1
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Migo (formerly Mines.io) is a digital lending platform that works through partnerships with Nigerian banks and mobile operators including MTN and Airtel. Borrowers access Migo loans via USSD code or b…

  • Accessible via USSD code: does not require a smartphone or app download
  • Works through existing partnerships with MTN, Airtel, Union Bank and others
4.0
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Lydia Credit is a Nigerian digital lending platform offering short-term personal loans to salaried employees and self-employed individuals. The platform uses alternative data and digital verification …

  • Accessible to individuals with informal or irregular income
  • Fast loan decision and disbursement within 15 minutes
3.9
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Guide: Digital & Mobile Loans Nigeria

Reviews of digital and mobile lending apps available in Nigeria: instant loans disbursed within minutes directly to your bank account or mobile wallet.