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Opay Digital Services Limited commonly called Opay, and formerly Paycom Nigeria Limited, is a fintech mobile money operating company founded by Zhou Yahui and Djxbazz in 2013 with headquarters in Ikeja, Lagos State, Nigeria. [1] It is among the four major fintech companies in Nigeria: Moniepoint Inc., Kuda, and PalmPay. [2]
The company is currently operating in Kenya, Nigeria, Ghana, Uganda and South Africa. [ 4 ] M-KOPA uses a financing model based on daily repayments, providing affordable smartphones integrated with financial services that fit with the cash flow of underseved individuals who earn their income on a daily basis.
This is a list of commercial banks and other credit institutions with in Nigeria, as updated late 2024 by the Central Bank of Nigeria. [ 1 ] List of commercial banks
App. Maximum loan amount. Time to funding. Fees. Google Play rating. App Store rating. Albert. Up to $250. Instantly for a fee; 3-6 days free of charge. Instant cash advance fee
The Nigerian Education Loan Fund (NELFUND) is a pivotal financial institution established under the Student Loans (Access to Higher Education) (Repeal and Re-enactment) Act, 2024. [1] It was signed into law by President Bola Tinubu on 3 April 2024, marking a historic step towards ensuring sustainable higher education and functional skill ...
First Bank of Nigeria is a multinational bank and financial services company with headquarters in Lagos, Nigeria. [1] First Bank was founded in 1894, by Sir Alfred Jones, but is currently owned by First HoldCo PLC, which in itself has diversified ownership with over 1.3 million shareholders.
VBank (V by VFD or V) is a virtual bank and platform powered by VFD Microfinance Bank and was launched on March 25, 2020. It was created to offer free online banking. [2] [9] [10] [11] Currently, VBank has onboarded more than 500,000 active individuals and businesses on its mobile banking platform across Nigeria.
The company provides a full-service financial management and payments platforms for small businesses in Nigeria. [3] The company also offers a business incorporation software suite for businesses. [4] Kippa allows merchants or SMEs to record and track payments made by customers. Kippa offers an automated inventory management and debt collection ...