FairMoney Don Blow Over N150bn For Loans, N7bn For Savings

You don hear am? FairMoney Microfinance Bank don do some serious gbege for di Nigerian financial space. Dem don disburse over N150 billion for loans last year, and dem don chop over N7 billion for interest wey dem pay to savings customers. Na wetin dem announce for statement wey dem drop on Tuesday.

The Managing Director of FairMoney, Henry Obiekea, come yarn say dis na big achievement, and e go help push di Federal Government’s dream of $1 trillion economy. Dem don use high-tech tools like AI and machine learning to sabi how people dey handle their money. Dis one no be small matter o, as e mean say dem fit give loans to people wey no get traditional bank access.

Obiekea talk say wetin dem dey do no be just numbers; e dey represent wetin dem dey do to help di financial environment for Nigeria. E come say, ‘At FairMoney, we dey try make sure say people fit get wetin dem need to grow for life and business. Our savings go give people better returns wey fit fight inflation.’ Dem dey serious for dis financial inclusion matter, no be play!

FairMoney don turn from just being digital lender to fully licensed microfinance bank since 2021. E dey offer different services – high-interest savings accounts, fixed deposits, current accounts, debit cards, and even POS solutions for business. No be so many banks dey do am like dis, abeg!

For di past year, dem don really show their commitment to customer satisfaction and financial growth. Under di guidiance of di CBN’s Payment Systems Vision 2025, Nigeria dey move towards cashless economy. As e be now, nearly 70% of all electronic payments na instant bank transfers, and FairMoney dey play big role for dis transition.

Obiekea no forget wetin dem dey face as dem dey move into 2026. E say dem go continue to push financial inclusiveness and consumer confidence as dem dey grow. Na so dem dey work hard to make sure say people fit dey trust dem while dem dey build di financial ecosystem for Nigeria.

So, whether you be small business wey wan grow, or person wey just wan save better, FairMoney don show say dem fit help you! Make you no slack, no be to wait for tomorrow again!