Money In Minutes is a Nigerian finance company providing quick, affordable loans starting from ₦5,000 to individuals and businesses. The platform offers flexible credit products, real-time credit score tracking, and rewards through a membership model. It is licensed by the Central Bank of Nigeria and aims to build positive credit profiles for users.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals and small businesses in Nigeria lack access to quick, affordable credit due to traditional banking barriers, limited collateral options, and lengthy approval processes. This restricts their ability to manage urgent financial needs or grow their ventures, and often leaves them without a formal credit history.
Solution
Money In Minutes provides a digital lending platform that delivers fast, flexible, and accessible loans starting from ₦5,000, enabling users to address immediate financial needs or fuel business growth. The company operates as a credit membership service, offering a range of loan products designed to accommodate different income levels and repayment capacities. Users can build a positive credit profile over time, which unlocks larger loan amounts and additional benefits. The platform also provides real-time credit score tracking and lifetime benefits tied to a good credit rating, giving users greater control over their financial well-being.
Target Audience
Primary customers are low- and middle-income individuals and small business owners in Nigeria who need quick access to affordable credit and want to build a formal credit history.
Features
- Loan amounts starting from ₦5,000 with scalable growth based on credit history
- Real-time credit score viewing and tracking within the user account
- Flexible loan products tailored to different financial situations and needs
- Membership-based model that rewards users with ongoing benefits and value
- Digital application process through a mobile app and web platform
- Licensed and regulated by the Central Bank of Nigeria, ensuring compliance and consumer protection