"
Full list of approved loan apps in Nigeria
No fewer than 173 digital lending applications have been approved to operate in Nigeria by the Federal Competition and Consumer Protection Commission.
Of the 173 loan apps, only 119 have full approvals while 54 currently have conditional approvals while it bars illegal online bank
Operations of illegal lending apps led to the intervention of the FCCPC’s approval of lending apps legally permitted to operate across the country.
Many have been faced with loan sharks, harassment and disgrace from family and friends and provided a guideline on what to do when loan sharks harass you.
FCCPC disclosed on its website that “In furtherance to the investigation by Inter-Agency on Joint Task Force on the Digital Lending Apps, the registration of the Apps to the Limited Interim Regulatory Framework and Guidelines for Digital Lending 2022 had commenced. Please find attached the list of the companies/Digital Lending Apps for the Commission’s Website.”
Below, as culled from The PUNCH, are the names of approved loan apps legally permitted to operate in Nigeria:
FULLY APPROVED
SYCAMORE INTEGRATED SOLUTIONS LIMITED
TRADE DEPOT
TAJOW INVESTMENT
BLUE RIDGE MICROFINANCE BANK LIMITED
GROLATECH CREDIT LIMITED
BRANCH INTERNATIONAL FINANCIAL SERVICES LIMITED
P2VEST TECHNOLOGY LIMITED
CREDITWAVE FINANCE LIMITED
KEENEST TECH SERVICE LIMITED
FAIRMONEY MICRO FINANCE BANK
ALTRACRED FINANCE INVESTMENT LIMITED
CREVANCE CREDIT LIMITED
MENACRED COMPANY LIMITED
AFROWIDE DEVELOPMENT LTD
RED PLANET NIGERIA LIMITED
AFROFIRST MOBILE AND TECHNOLOGY COMPANY LIMITED
RANKCAPITAL LIMITED
IBS GOLDEN INVESTMENT COMPANY LIMITED
LENDVISERY SERVICES LIMITED
RENMONEY MICROFINANCE BANK LIMITED
SWIPEBILL TECHNOLOGIES NIGERIA LIMITED
HOMETOWN FINTECH LIMITED
GIASUN TECHNOLOGY NIGERIA LIMITED
BE RESOURCES LIMITED
ROCKIT LENDERS NIGERIA LIMITED
PIVO TECHNOLOGY LIMIED
YES CREDIT COMPANY LIMITED
IRORUN TECHNOLOGIES LIMITED
CSENSE LIMITED
SUPREME HELP COOPERATIVE SOCIETY LIMITED
ORCOM AND ORCOM BUSSINESS SUPORT LIMITED
PAYHIPPO LIMITED.
EASYCHECK FINANCE INVESTMENT LIMITED
QUARK FINANCIAL NIGERIA LIMITED
EDMOND SOLUTIONS COMPANY LIMITED
TED ROCKET LIMITED
PENAID LIMITED
ARVE LIMITED
DOVER CREDIT LIMITED
RAGEKAY GLOBAL INVESTMENT LIMITED
MAYWOOD LENDING LIMITED
LINKPARK TECHNOLOGY NIGERIA LIMITED
MANGNET LENDING LIMITED
RUBYSTAR GLOBAL LIMITED
BESTFIN NIGERIA LIMITED
FUBRI CENTURY COMPANY LIMITED
BERLY SPRING GLOBAL LIMITED
ROCK FINANCIALS LIMITED
PHOENIX PAYMENT SOLUTION LIMITED
VALUE DRIVER TECHNOLOGY SOLUTION LIMITED
NEXTPAYDAY LIMITED
BLACKCOPPER SERVICE LIMITED
TRAFALGAR ASSOCIATE LIMITED
WINDVILLE FINANCIAL NIGERIA LIMITED