MaxNaira is an online payday loan service that provides collateral free loans in Nigeria UpTo #100,000. The loan is exclusively available to Android phone users and application process is 100% online. MaxNaira loan app is still relatively new in the business and has just about 10k downloads so far on Google play store with mixed reviews. It uses a loan software to collect prospective customers information including phone records, banking transaction alerts, BVN to build…
The central Bank of Nigeria CBN has stepped up to mitigate the activities of loan sharks in Nigeria by granting license to some commercial banks to provide payday loan services in the country. Payday loans are short-term loans given to customers to meet emergency needs until their next salary arrives. It is a financial service usually given to salary earners or people with sources of income. Payday loans are not meant for businesses as they…
Kashpal provides online payday loans in Nigeria without collateral. Borrowers with Android phones can get the online loan starting at the lowest amount of ₦2,000 to the highest amount of ₦100,000, meet emergency needs. Users can access collateral free loan products with minimal documentation which in 100% online process. Kashpal loan app is still relatively new in the business and has just over 10k downloads so far on Google play store with mixed reviews. It…
Flashcash is the new payday loan app from the Fintech company, Blue Ridge Microfinance Bank Limited that provides Nigerians with microloans starting at the lowest amount of ₦2,000 to the highest amount of ₦500,000, for users to meet emergency needs. Users can access collateral free loan products with minimal documentation which in 100% online process. Flashcash loan app is still relatively new in the business and has just over 10k downloads so far on Google…
MoniMall is a Nigerian loan app that provides microloans starting at the lowest amount of ₦2,000 to the highest amount of ₦100,000, for users to meet emergency needs. Users can access collateral free loan products with minimal documentation which in 100% online process. MoniMall loan app is still relatively new in the business and has just over 10k downloads so far on Google play store with mixed reviews. It uses a loan software to collect…