Fast no-collateral loans for salary earners, plus a wallet and Yield savings up to 21% — from an established CBN-licensed lender.
All plans 4
PlanTypeRate p.a.LockMinEarly exit
Flex Yield
flexible
15%nominal, gross
None
₦50,000
up to 4 withdrawals/month free; the 5th+ withdrawal in a calendar month reduces THAT month's accrued interest by 20%
Fixed YieldFEATURED1mo 16%2mo 17%3–5mo 18%6–8mo 19%9–11mo 20%12mo 21%
fixed
up to 21%rate varies by tenure — see laddernominal, gross
1–365 days
₦50,000
30% deduction on ACCRUED INTEREST if liquidated before maturity (principal returned)
Target Yield (copy)
fixed
15%nominal, gross
1–365 days
₦50,000
30% deduction on ACCRUED INTEREST if liquidated before maturity (principal returned)
Wallet (in-app balance)
flexible
10%nominal, gross
None
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Each tracked plan is tested with its own real-money deposit and ranks separately on the board. Untracked plans show the app's own advertised rate.
Best for
Salary earners (especially state/federal/public-sector staff) who want fast, no-collateral loans, plus savers chasing a high headline yield (up to 21%) with flexible or fixed options.
Not great for
Anyone who needs NDIC-insured safety (this is a finance company, not a bank), or cost-sensitive borrowers — the "4–4.95% monthly" loan rate is a flat rate that works out to a far higher effective APR.
Pros
- +Established, large-scale lender (2M+ customers) with fast salary-backed loans — up to ₦20M, up to 36 months, no collateral/guarantor
- +High headline savings: Yield up to 21% p.a. (flexible or fixed) + 10% p.a. on the app wallet
- +Multiple low-friction channels (app, USSD *5120#, WhatsApp, web portal); no pre-liquidation charge on loans
Cons
- –NOT NDIC-insured (finance company, not a bank) — Yield/wallet savings carry provider risk, not deposit insurance
- –Loan cost is high — flat 4–4.95%/month ≈ ~85–105% effective APR (the monthly figure understates it)
- –Loans are largely salary-gated (govt/private payroll, debit mandate, credit check); not open-access credit
Our honest take
A long-established salary lender that now pairs credit with a high-yield wallet and Yield savings. The loans are fast and convenient but expensive once annualised; the savings yield is among the highest advertised — just remember it's a finance company, not an NDIC-insured bank, so weigh the provider risk. Strong for quick salary-backed credit and yield-chasing with eyes open.