Tag
FAIRMONEY
As of May 2025, the number of companies registered and licensed to offer digital lending services via mobile apps has risen to 425, up from 320 recorded in the previous year.
Africa’s leading neo bank, FairMoney, is raising the bar for savings in Nigeria, offering up to 30% interest per annum (P.A.) The Neobank’s high-yield savings options cater to both new and existing users, making it an attractive choice for anyone looking to secure their finances, save towards big purchases, or simply earn more from their money.
Nigeria’s fintech industry has emerged as a beacon of innovation and growth, not just in Africa but globally.
In a bustling city where expenses seem to rise daily, Sarah found herself grappling with her finances. Like many, she recognized the importance of saving money but felt disheartened by the meager interest rates offered by traditional banks.
The Federal High Court, Abuja, has granted an interim freezing order against several accounts in Fair Money Micro-finance Bank Ltd, Palm Pay Limited, and Opay Digital Services Limited, mandating the organizations to reverse N139,630,000 credited to some of their customers and account holders as a result of a "system glitch" at TAJ Bank Ltd.
FairMoney, Africa’s leading neobank, has been ranked as one of the fastest-growing companies in Africa according to the...
FairMoney, a leading provider of innovative financial services and digital lender in Nigeria, has announced the successful redemption...
GCR Ratings (“GCR”) has affirmed MyCredit Investments Limited’s (trading as ‘FairMoney’) Nigerian national scale long-term and short-term issuer ratings of BBB(NG) and A3(NG) respectively.
Fintech companies are licensed to receive deposits and, as such, are not impacted by the NIBSS circular issued on December 5, 2023.
These 10 digital banks are among the top licensed microfinance banks bridging the financial inclusion gap in Nigeria.
FairMoney recently launched an updated version of its mobile banking app's homepage that promises to make banking easier and faster
In this article, we review two of the widely used apps for accessing consumer loans in Nigeria, Carbon and Fairmoney apps respectively.