Top 5 Loan Mobile Apps in Nigeria

Need money to run a quick project to payback later? Good. Here are 5 Top Loan Mobile Apps in Nigeria that can help you quickly get things done. These are small term loans for individuals and SMEs.


5 Top Loan Mobile Apps in Nigeria

Paylater® lets you control your finances with a few clicks. You can get instant short-term loans for urgent needs, invest money to earn high-interest rates, recharge airtime on your mobile phone, and make bill payments for services.

It’s fast, secure, reliable and works 24/7. Currently available in Nigeria and Ghana.


This money loan app in Nigeria is a lending and credit system which is designed for small business enterprises and private individuals. With them, clients can receive instant and readily accessible funds of not more than 30,000 Nigerian Naira for a period of either fifteen or thirty days without providing any collateral in exchange. Quick Check app is available on Google Play.

Note: The reviews of this app on the Play Store weren’t favorable so proceed with caution.



Quickteller recently introduced a short-term loan designed to grant Nigerians a quick cash to meet their immediate needs without the stress of paperwork or any collateral required.

Getting a loan from Quickteller doesn’t require any paperwork or collateral but can be done using your mobile phones, tablets, and laptops.

Quickteller has an option in their main banking app or their website to request for small loans. I checked it out and it looked good.

To get started simply dial *322*6# and follow the prompt and there are 2 options ” request loan & borrow airtime” or visit 

This offer is for those who need between N1000 – N10,000 and it will be credited to your bank account once you are eligible.


Though not an app, it is worthy of mention.

Kiakia loan is offered by Sterling Bank. It’s a non collateral offer. The Kiakia loan comes with a new Sterling Bank account when applying. The amount you borrow will be deposited into your new account once your loan is approved.

Things I don’t like:

  1. You have to meet an agent for the loan application. (For a quick loan?)
  2. You will be required to pay an application fee. It is N2500. (huh?)
  3. You will need to wait for few weeks for the sterling bank account to be opened.

I’d recommend you looking at other options though,, especially if you don’t want a Sterling Account.


And no 5 in our list of top Loan Mobile Apps in Nigeria:


Fairmoney is a Loan App that gives you access to loans anywhere within 5 minutes, as they claim.  With FairMoney Loan App, you can get up to ₦40,000 for your first loan without collateral.

Proceed with caution though.

So there you have it – 5 Top Loan Mobile Apps in Nigeria that can help you get things done quickly. Give them a try and let us know if it works!


Though most of these platforms claim to offer quick loans without any collateral, carefully study their Terms & Conditions (T&C) before joining the bandwagon. Look thoroughly through the Interest rates and payback period and consequences for late payment because… you never know!

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Add a Comment
  1. Thanks for sharing this idea. I only know of pay later which is working.

  2. I.never knew there are apps that gives loans

  3. Thanks, i did not know there were upto five, it was only two i knew then

  4. How will the app recover the loan from those who collect the loans?

  5. thanks for this loan updates… rant thanks you

  6. rant thanks for this wonderful information

  7. With this you will not run up and down looking for money.nice job keep it up.

  8. I don’t expect their terms and conditions to be friendly

  9. These ones that don’t have collateral input, their terms and conditions would be very Conc.

  10. I thought they are made by fraudsters to gather people information

  11. A borrower will always be a servant to the lender. Be wise people

  12. You guys have forgotten palmcredit,but I don’t advise any one to loan here, its better u read their reviews on gplay

  13. Nice update anyway

    But I think rant should be added

  14. Nice update

    But I think branch should be added

  15. Thanks Rant Money, This Will Help A Lot Of People A Lot.

  16. That is helpable but what is the guarantor

  17. Nigerians are really going into online investments.

  18. i never heard of such opportunity before, does it really exist

  19. Thanks so much I need to try one of the apps.

  20. borrowing money is not bad but I can’t

  21. appreciation goes to rant for this update am not ready for loan

  22. Their terms won’t be friendly at all.. Thanks for sharing

  23. Thanks for the information
    Collect loan and pay sooner

  24. a lot of the organisations give attractive offers.

  25. Thanks for sharing the information

  26. Is good to know because it might come handy one day…

  27. Vakuable Information For Loan Seekers,

  28. Very useful. I always use quickteller.

  29. Good advice, study their terms and conditions very well before you join because you never know.

  30. One of the loan app is also called branch. Branch has help me to take loan to register for Rant Money which am in right now, paylater is a good loan app

  31. please don’t introduced the app to poor people

  32. Nice apps….but are their terms & conditions

  33. Wow, really, looking forward to considering one of them

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