Frequently Asked Questions about Finance house license
FAQs

Frequently Asked Questions about Finance house license

Below are the most common questions lenders ask when considering a Finance House license.

What it takes to be a digital money lender
How to

What it takes to be a digital money lender

Fintech, especially digital lending, is one of the fastest growing sectors in every economy in the world. It’s no surprise that everyone wants to dabble into digital lending as their first foray into the exciting and extremely innovative world of fintech. But should you be a digital lender?

Device finance in Nigeria: A case for BNPL
Growth marketing

Device finance in Nigeria: A case for BNPL

In an era where a smartphone is no longer a luxury but a fundamental tool for economic survival, Nigeria's "affordability gap" has never been wider. With inflation squeezing disposable income, the traditional model of outright cash purchases is being replaced by the rapid rise of Buy Now, Pay Later (BNPL). This shift isn't just about convenience; it’s a strategic response to currency volatility and a lack of traditional credit infrastructure. By leveraging alternative data and "pay-as-you-go" technology, BNPL providers are turning the dream of high-end tech ownership into a manageable monthly reality for millions of Nigerians, ultimately driving the nation's next wave of digital inclusion