Lending software for Nigeria

Nigeria has Africa's busiest digital-lending market, built on BVN identity and instant NIP transfers. lendhero arrives with CRC Credit Bureau, BVN (NIBSS) and NIP (NIBSS) already connected, so your team configures products instead of plumbing.

See the local stack
  • NGN (₦)
  • English
  • 21 local connectors
  • 1–2 weeks to launch

Hi, Chiamaka

Approved₦250,000

739

Credit score

On-time payments

Monthly payment₦49,200

Market profile

Nigeria at a glance

What lendhero is set up for in Nigeria before your team logs in.

Currency

NGN (₦)

Languages

English

Supervisor

Central Bank of Nigeria and FCCPC

Credit data

CRC Credit Bureau, FirstCentral, CreditRegistry

Payout rails

NIP (NIBSS), Paystack, Flutterwave

Data protection

NDPA 2023

21
local connectors wired in before kickoff
NGN
for pricing, payouts and repayments
1–2
weeks from kickoff to the first loan
1
interface languages: English

Working with borrowers in Nigeria

Tools for every borrower conversation

Borrowers in Nigeria apply, sign, pay and come back for repeat loans in English and NGN.

Applications in minutes

Borrowers apply on the web or in the app, and staff file applications from the back office. A half-filled form waits for them to come back.

New application

Draft saved
Step 2 of 4 · Personal detailsStep 2/4

Reminders that get read

Approvals, due dates and overdue notices go out by WhatsApp Business and Termii automatically.

Your application is approvedWhatsApp Business
Your payment is due tomorrowTermii
New receipt in your portalInfobip

Rewards for repeat borrowers

Points for on-time payments, promo codes for campaigns and manual adjustments by staff.

WELCOMEfirst loan
Bonus balance1,240 pts

A portal for repeat loans

Repeat borrowers reapply without retyping data, extend or repay from their phone.

Extend loan
Repay early
Refinance

Contracts without paperwork

Loan agreements, extension requests and receipts are generated and e-signed in English.

Loan agreementSigned
Extension requestReady
Payment receiptDraft

Decisioning

Decisions in seconds, explained in plain words

Third-party and built-in checks run in one flow, for individuals and businesses. Every approval and decline shows the rules and scores behind it.

  • Every check in one passAnti-fraud, identification, credit bureaus, sanctions and digital footprint.
  • Rules you can readYour team can answer any borrower about why.

Application #48213

Chiamaka · Consumer loan, 6 months · ₦250,000

Approved
Credit score712
  • IdentityVerified
  • Anti-fraudPassed
  • Credit bureau712
  • Debt-to-income31%
  • Sanctions & watchlistsClear
Decision time28 s

Local stack

The Nigeria stack, connected before kickoff.

Bureaus, identity, bank data, payment rails and messaging that lenders in Nigeria rely on. Anything missing is added through the open API.

  • Credit bureaus & registries3 connectors
    • CCRC Credit Bureau
    • FFirstCentral
    • CCreditRegistry
  • Identity & KYC5 connectors
    • BBVN (NIBSS)
    • NNIN (NIMC)
    • SSmile ID
    • DDojah
    • PPrembly
  • Bank & alternative data3 connectors
    • MMono
    • SStitch
    • BBank statement parsing
  • Disbursement rails3 connectors
    • NNIP (NIBSS)
    • PPaystack
    • FFlutterwave
  • Repayments & collections3 connectors
    • RRemita direct debit
    • PPaystack
    • MMono DirectPay
  • Messaging3 connectors
    • WWhatsApp Business
    • TTermii
    • IInfobip
  • E-signature2 connectors
    • DDocuSign

Checks and payments

Who borrows and how money moves in Nigeria

Applicants are checked with CRC Credit Bureau and FirstCentral, and money moves via NIP (NIBSS) and Paystack.

Client checks

Checks connected in Nigeria:

  • Anti-fraud servicesDevice, behaviour and blacklist checksPass
  • Identity verificationBVN (NIBSS), NIN (NIMC), Smile IDPass
  • Credit bureausCRC Credit Bureau, FirstCentral, CreditRegistryPass
  • Government registriesNational ID and tax registriesPass
  • Bank and alternative dataMono, Stitch, Bank statement parsingReview
  • Additional data sourcesTelco, open banking and your own listsAuto

Payment infrastructure

Payment rails connected in Nigeria:

DisbursementNIP (NIBSS), Paystack, Flutterwave in NGN
RepaymentRemita direct debit, Paystack, Mono DirectPay
Status checksEvery payment tracked until it settles
Reversals and refundsCancel or refund with a full audit trail
  • NIP (NIBSS)
  • Paystack
  • Flutterwave
  • Remita direct debit
  • Mono DirectPay

Loan servicing

Every loan and every repayment on one screen

Edit terms, recalculate interest, apply penalties and follow the full schedule without exporting anything.

  • Automatic calculations for every loanInterest, fees and penalties in NGN are calculated by a dedicated engine with 200+ configurable parameters. Staff can still adjust any amount by hand, and every change is logged.
  • Loan products in minutesSet up consumer, instalment and business products with their rules and scenarios in the admin panel, without a release.
  • Notifications tied to every calculationEach due date, penalty and recalculation sends the right message to the borrower and your team.

Loan #48213

₦250,000

On track
Auto-calculated · 200+ parametersManual edit
Repaid ₦89,170 of ₦267,5002 of 6 payments
DateAmountStatus
Sep 4₦44,580Paid
Oct 4₦44,580Paid
Nov 4₦44,580Due in 7 days
Dec 4₦44,580Upcoming
Jan 4₦44,580Upcoming
Reminder sentYour payment of ₦44,580 is due Nov 4

Loan flow

How a loan runs in Nigeria. Five steps, all local.

  1. 01ApplyBorrowers apply on the web, in the app or via WhatsApp, with forms in English.
  2. 02VerifyIdentity and documents are checked through BVN (NIBSS) and NIN (NIMC).
  3. 03DecideScorecards pull CRC Credit Bureau and FirstCentral data and return a decision in seconds.
  4. 04DisburseFunds go out via NIP (NIBSS) or Paystack in NGN, straight after signing.
  5. 05CollectRepayments arrive via Remita direct debit and Paystack, with reminders over WhatsApp Business.

Portals

One platform, three portals

Everyone works in the same system and sees only what their role allows.

My loan

₦250,000

Next payment

₦44,580 · Nov 4

Pay now

Extend loan

Customer portal

Borrowers apply, repay, extend and track loans online.

Applications

ChiamakaVerifierApproved
Daniel O.AnalystReview
Maria L.RiskApproved
Tomas K.AnalystDeclined
Lena P.VerifierReview

Staff portal

Managers, analysts, risk, verifiers and collectors work side by side.

Role · Verifier

12 users
View applications
Verify documents
Approve loans
Edit loan terms
Export reports

Super-admin portal

Products, roles, permissions and rules change without a release.

Products

What lenders in Nigeria launch on .

Digital consumer loansRegistered digital lending with instant NIP payouts.
Payroll loansSalary-backed credit with Remita deductions.
SME and merchant creditWorking capital scored on POS and bank data.

Compliance

Configured for FCCPC and NDPA 2023.

lendhero is software: the licence stays yours. We set the platform up for the rules you operate under in Nigeria.

Hosting & data residency

Cloud or on-premise deployment, with data stored where NDPA 2023 requires.

Consent & privacy

Borrower consents are captured, versioned and logged under NDPA 2023.

Pricing & disclosures

Rates, fees and cost-of-credit disclosures set per product for FCCPC rules.

Audit trail

Every decision, edit and message is logged for internal and external audits.

More markets in West Africa

All Africa markets

Questions

Frequently asked

Didn’t find the answer? Write to us and we’ll reply within one business day.

Can lendhero run a lending business in Nigeria?+

Yes. The platform is set up for NGN, English and FCCPC requirements, with 21 local connectors ready on day one.

Which credit data sources are connected in Nigeria?+

CRC Credit Bureau, FirstCentral, CreditRegistry. On top of that, identity checks run through BVN (NIBSS), NIN (NIMC) and Smile ID and bank data comes from Mono, Stitch and Bank statement parsing.

How do borrowers get paid and repay?+

Payouts go out via NIP (NIBSS), Paystack and Flutterwave in NGN. Repayments arrive via Remita direct debit, Paystack and Mono DirectPay, with reminders over WhatsApp Business and Termii.

How long does a launch in Nigeria take?+

Usually 1–2 weeks from kickoff to the first loan, including connecting 21 local services, product setup, staff training and a test run.

Can we run several countries on one platform?+

Yes. One installation serves several countries, each with its own currency, products, languages and local connectors.

Book a demo

Lending in Nigeria? Let’s plan the launch.

We’ll walk you through the platform, show what matters for your products and answer questions about your business.

  • A 30-minute call
  • A walkthrough on your products and markets
  • Answers on timeline, integrations and pricing

Tell us about your lending

We reply within one business day.

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