Fintech Lenders: Access and Distribution Channels

List of active fintech consumer lenders in Nigeria. It captures the lending conditions, access methods, disbursement, repayment, mitigation, and risk assessment.


Stears Data

last updated

November 2020

no. of rows




This table shows a snippet from the dataset.

CompanyPrimary Business ModelClassification of Lending TransactionMaximum Tenor (months)Maximum Interest Rate (monthly)Maximum Lending Amount Access via USSD/SMS/CallAccess via AppAccess via WebsiteAccess via BranchDisbursement via Bank AccountDisbursement via e-WalletDisbursement via Platform CardRepay via Direct Debit or Standing Payment OrderRepay via Cash or Over-the-CounterRepay via Website or AppRepay via ATMRepay via ChequeRepay via USSD/SMSRemedial Action via Credit BureauRemedial Action via Legal ActionRemedial Action via BlacklistRemedial Action via Contact GuarantorRemedial Action via Debt Collection AgencyRemedial Action via Contact EmployerRemedial Action via ChargeRemedial Action via Name & ShameRisk Assessed via Credit History CheckRisk Assessed via Phone Records or Alternative DataRisk Assessed via Employment CheckRisk Assessed via Other Alternative DataAffiliate Institution (e.g. Bank, Telco)Does the company use ML technology?
Access Bank Personal Loan Commercial BankPlatform to Customer6N/AN/AYesYesYesNoYesNoYesYesNoNoNoNoNoYesYesNoNoNoNoYesNoYesNoNoNoAccess BankNo
Access Bank Salary Adavnce Commercial BankPlatform to Customer3N/AN/AYesYesYesNoYesNoYesYesNoNoNoNoNoYesYesNoNoNoNoYesNoYesNoNoNoAccess BankNo
Access Pay day Loan Commercial BankPlatform to Customer10.051575% of Monthly Salary YesYesYesNoYesNoYesYesYesYesNoNoNoYesYesNoNoNoNoNoNoYesNoYesNoAccess BankNo
Aella CreditShort Term Financing (tenor max 12 months)Platform to Customer30.074000000NoYesYesNoNoYesNoYesYesNoNoNoNoYesYesNoNoYesNoNoNoYesYesNoNoNone Yes
ALATDigital BankPlatform to Customer24N/AN/AYesYesYesNoYesNoYesNoNoNoNoNoNoNoNoYesNoNoNoNoNoYesNoYesNoWema Bank Yes