January 25, 2022 All Things Fintech in Africa

Running out of cash during the lockdown? These 5 Apps will give you loans in minutes

Almost everyone is stuck at home at the moment. If you’re reading this, chances are you’re one of them. Running out of cash? We got you covered. Thanks to the Fintech revolution in Nigeria, you can get loans within a minute right from the comfort of your home. Below are 5 instant loan apps you can rely on in this worrying times.

1. PalmCredit

PalmCredit is a virtual credit card that makes it easy for you to access a loan anytime and anywhere. Palmcredit offers loans of up to ₦100,000 within minutes on your mobile phone.

With PalmCredit getting a mobile loan is simple. Apply for your credit limit in minutes, then take as many instant loans as you need without further approval steps. It’s a credit revolution!

As soon as you repay, your credit score is updated. Repay on time and watch your limit grow to N100,000.

Download the Palmcredit App to get instant and flexible loans at affordable rates.

2. Branch

Branch is a simple yet powerful mobile loan app in Nigeria and Kenya. Getting quick and instant loans on Branch App is so fast and easy. It will help you sort out your financial issues in real time.

Branch offers loans from ₦1,500 to ₦150,000. Loan terms range from 4 – 64 weeks. Interest ranges from 14% – 28% with an equivalent monthly interest of 1% – 21%, depending on selected loan option.

Download Branch App for access to quick and instant loans.

3. Aella Credit

Aella Credit is building platforms that make it easier for individuals in Africa to gain access to financing. Mainly focused on employee lending and empowerment, the company was affiliated with three main credit bureau agencies in Nigeria to provide quick and affordable loans with no paperwork to its customers.

Download Aella Credit App now to get started.

4. QuickCheck

QuickCheck is a modern lending platform for individuals and small businesses. QuickCheck uses mobile technology to enable individuals and small businesses to gain access to financial credit.

According to the platform, users can access quick and hassle-free loans of up to 30,000 Naira without any collateral for a duration of either 15 or 30 days.

You can get the QuickCheck App on Google Playstore to get started.

5. Carbon

Carbon formerly known as PayLater  is an easy-to-use and entirely online lending platform that provides short-term loans to individuals and small businesses in Nigeria to help cover unexpected expenses or urgent cash needs.

Download the Carbon App to get quick and flexible loans at affordable rates.

Related Posts

Google and Flutterwave to train 5000 SMEs across Nigeria- See how to apply

February 27, 2020

February 27, 2020

Google and Flutterwave to train 5000 SMEs across Nigeria. Training aims to equip attendees with the skills and tools needed...

OPay Launches OCar, A Safe and Very Cheap Ride Hailing Service

November 19, 2019

November 19, 2019

OPay, the Africa-focused mobile payments startup founded by Norwegian browser company Opera has revealed that it is launching its car-hailing...

MoneyNetint enters a strategic partnership with TerraPay

February 5, 2020

February 5, 2020

MoneyNetint, a leading global payment solution provider, has entered a strategic partnership agreement with TerraPay, a mobile-first international payment network,...

Eyowo Launches a Retail Banking Tool

December 2, 2019

December 2, 2019

Eyowo, a digital bank, with the  aim  to encourage financial inclusion among every Nigerian by making banking as easy as...

How Adebayo won N117,000 with N1000 thanks to Jollof Tips

September 10, 2019

September 10, 2019 1

Already scratching your head on the matches to bet this weekend? Ov 2.5 for manchester united vs Leicester?  Home win...

Top 10 Fintech Companies in Africa You Should Know

July 10, 2020

July 10, 2020

Top 10 Fintech Companies in Africa To say that the Fintech industry is growing rapidly in Africa is an understatement...

The future of Fintech beyond COVID-19 in Africa

June 6, 2020

June 6, 2020

The future of Fintech beyond COVID-19 in Africa The COVID-19 pandemic has disrupted the entire banking and Fintech space, creating...

Close up with the popular football betting prediction site founder, ThankGod Egesimba

September 10, 2019

September 10, 2019

Jollftips.com is  a  football prediction website that needs no introduction. Over the years,Jollof tips has been providing users with a...

Opay launches OLLA smartphones: See price and details

February 6, 2020

February 6, 2020

Opay has joined Smartphone makers with the release of her new android phone OLLA. This new cheap and affordable smartphone...

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.