Article summary
- Zedvance Finance Limited has disbursed over $90 million in loans in the past 18 months, demonstrating its commitment to providing accessible financial solutions in Nigeria.
- Since its establishment in 2014, Zedvance has become a trusted player in the consumer finance industry, leveraging its credit scoring system and digital platform to successfully disburse over 2,000,000 loans.
- Zedvance is embarking on a strategic expansion, focusing on retail lending leadership and venturing into impact-driven finance for businesses. The company aims to achieve growth through workforce realignment, digital innovation, strategic partnerships, and enhanced customer experiences.
Zedvance Finance Limited is proud to announce its disbursement of over $90 million in loans within the past 18 months.
This milestone highlights the company’s commitment to providing accessible and innovative financial solutions across Nigeria.
Zedvance first broke into the consumer finance industry in 2014 and over the years, the company has established itself as a trusted provider of financial solutions. Leveraging its robust credit scoring system and digital delivery platform, the company has successfully disbursed over 2,000,000 loans since its inception, establishing a strong foothold in the industry.
Building upon its success, Zedvance is embarking on a major strategic expansion to consolidate its leadership in retail lending while venturing into impact-driven finance for businesses. This expansion will be fueled by a re-aligned workforce, innovative digital distributions, strategic partnerships, enhanced process efficiencies, and a focus on delivering an exceptional experience for its clients.
Reflecting on the company’s expansion plans, Mr. Ever Obi, Managing Director, Zedvance Finance, stated, “We are expanding our product offerings and delivery channels to unlock demand from additional market segments and lay a solid foundation for outsized future growth.”
The Board Chairman, Mr. Adedayo Amzat, CFA, also reiterated the company’s vision, with his comment, “We are re-defining our essence and signaling our ambition to become the leading Fintech Lender in Nigeria. Our execution and growth will be anchored on an empowered workforce, focused execution, robust risk management, and digital innovation, among other key success factors.”
As a member of the Zedcrest Group- a new-age financial powerhouse that was recognized by the Financial Times as Africa’s fastest-growing Financial Services Company- Zedvance Finance Limited is committed to achieving ”a future redefined”. This future will spotlight its transformation into Nigeria’s leading technology retail finance platform for individuals and businesses. This transformation will deepen its focus on its digital channels and provide its customers with better access to payment, credit, and commerce.
About Zedvance Finance Limited
Zedvance Finance Limited is Nigeria’s leading non-bank retail lender, providing accessible and innovative financial solutions to individuals and businesses. Zedvance boasts a team of highly experienced executives with combined work experience of over 150 years.
For more information on Zedvance Finance Limited, please visit www.zedvance.com or contact 0700 100 1000.
