Capival offers a suite of financial products, including personal loans, automated savings, and investment services, designed to enhance financial flexibility for individuals. By providing quick access to funds and tools for wealth generation, Capival addresses the challenges of managing expenses and achieving financial goals efficiently.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals in Nigeria face challenges in accessing personal loans, automating savings, and growing wealth securely due to traditional banking limitations and complex financial processes. This can hinder their ability to cover essential expenses, achieve financial goals, and build long-term financial security. Additionally, salary earners and SME owners often struggle with the burden of upfront rent payments.
Solution
Capival offers a mobile-first platform providing Nigerians with access to personal loans (Capiflex), automated savings tools (CapiSave), wealth generation opportunities (CapiGrow), and rent financing (Casa). Through the Capival app, users can apply for loans up to N4 million with competitive interest rates and quick disbursement, automate savings towards specific goals with real-time monitoring, and invest with guaranteed returns. The platform also provides rent financing solutions up to N6 million for salary earners and SME owners with flexible repayment options. Capival aims to simplify financial management and provide accessible solutions for users to achieve their financial aspirations.
Target Audience
Capival primarily targets individuals in Nigeria, including salary earners and SME owners, who seek accessible and convenient financial solutions for personal loans, savings, investments, and rent financing.
Features
- **Capiflex:** Personal loans up to N4 million with fixed interest rates and repayment tenors up to 12 months.
- **CapiSave:** Automated savings tool allowing users to set unlimited goals and earn competitive interest rates.
- **CapiGrow:** Investment platform offering guaranteed returns up to 17% with real-time monitoring.
- **Casa:** Rent financing solutions up to N6 million for salary earners and SME owners with flexible monthly or quarterly repayment options.
- Mobile app for managing transactions, investments, and loans with real-time notifications.
- Account opening using Bank Verification Number (BVN), email address, and phone number.
- Bill payment functionality for airtime, data, and other utilities.
- Secure platform with measures to protect against fraud and account takeovers.