7 Trusted Loan Apps Currently Giving in Nigeria (Instant Loan)


Many people find this service very beneficial, but the rise of illegitimate internet loans is also causing public concern. So, through this page, we have created a list of official online loans.

Alternative sources of finance are becoming more common as the digital age grows, and they are not always limited to traditional service providers like banks.

A reasonably reliable solution might be to apply for credit or a loan online. In addition to a faster and easier application process, digital credit services also offer easy access from the grip of a smartphone.

The answer may lie in online loan applications.

The process of getting an internet loan is faster and easier than borrowing money from a bank, which is why.

There is no need to travel far from home and stand in line at the bank.

Using the smartphone app, submission can be done quickly and effortlessly, saving time and effort.

Here is a list of the best Nigeria mobile apps for personal loans and online business.

Currently, there are many options for cash loan online applications that could meet your urgent demands. As long as you use the best secure and reliable loan application, online loans have several advantages.

1. Kiakia loan

A licensed non-bank financial technology company, KiaKia (a trading name of KiaKia Bits Ltd RC: 799552) was established in 2016. KiaKia, a pioneer in the peer-to-peer lending industry in Nigeria, provides secured and unsecured loans and participates in well-planned profit-sharing commercial agreements. We focus our efforts on micro, small and medium-sized enterprises (MSMEs) that have enormous growth potential but lack access to financing from established financial institutions.

Instant loans from a digital bank, no collateral required.

Get up to $1 million in loans, a bank account with free transfers, a debit card for purchases, and more.


FairMoney is building the first mobile bank for developing economies.

We are distinguished by our impact-driven mission and our global reach (we have offices on three continents). We help underbanked people in emerging markets to be financially included!

3. Pay later

Paylater launched version 2 of its mobile app in November, offering consumers short-term loans online. The most important upgrade of Paylater v2 is Paylater Plus, which is available for employees.

It is quite simple to buy as many items as you need or want right away using this web application.

Benefits and features:

With the “Buy Now, Pay Later” option, you have a 14-day interest-free window from the day your order is placed. Many Internet retailers accept payment.

4. Palm credit

Apply for a fast loan with a favorable interest rate and flexible repayment terms.

Newedge Finance Limited (RC1585793), owner of Palmcredit, holds a full license from the CBN to operate as a finance company in Nigeria. Palmcredit is recognized by CBN. 26-Apr-2022

5. Branch

Branch makes it simple for Nigerians to send money for free, get fast loans up to 500,000 Naira and enjoy 20% annual investment profits. Complete our application in seconds to start receiving exceptional value.

6. Quick check

Never be bankrupt again. No long lines. No heavy paperwork. No long waits. Just the QuickCheck app on your smartphone.

How is QuickCheck done?

We predict borrower behavior using machine learning and quickly assess loan applications.

We want to provide you with digital financial services that will help you achieve your personal and professional goals.

7. Credit Aella

The Aella loan application has a minimum loan amount of 1,500 and a maximum loan amount of 1,000,000. Each Aella loan increase is based on the borrower’s financial profile and repayment history.

Online loans, however, come with a variety of risks hidden behind their convenience.

There is a risk of fraud and interest is usually charged daily for these loans.

Online lending has been the subject of a lot of negative news lately.


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