Verify any digital lender's approval status with FCCPC before borrowing to protect yourself from scams and harassment
These digital lenders have met all FCCPC requirements under the Limited Interim Regulatory Framework and Guidelines for Digital Lending 2022.
| # | Company | App Name | License No. | Status |
|---|---|---|---|---|
| 1 | FairMoney Microfinance Bank | FairMoney | FCCPC/LA/2023/001 | Approved |
| 2 | Carbon Finance Limited | Carbon | FCCPC/LA/2023/002 | Approved |
| 3 | Branch International Financial Services | Branch | FCCPC/LA/2023/003 | Approved |
| 4 | Renmoney Microfinance Bank | Renmoney | FCCPC/LA/2023/004 | Approved |
| 5 | QuickCheck (PiggyTech Global Limited) | QuickCheck | FCCPC/LA/2023/005 | Approved |
Always confirm approval status directly with FCCPC before applying. Some approved lenders may have compliance issues.
Check Full Approved List on FCCPC WebsiteThese lenders have temporary approval but must resolve specific FCCPC compliance issues within stipulated timelines.
| # | Company | App Name | |
|---|---|---|---|
| 1 | competence asset managemnet Limited | dike app | |
| 2 | kiakia bits ltd | kiakia p2p | |
| 3 | Lidya global limited | lidya web |
These lenders may lose approval if they don't resolve issues by their deadlines. Check FCCPC for updates before borrowing.
These apps are under investigation for potential violations. Avoid them until cleared by FCCPC.
| # | Company | App Name |
|---|---|---|
| 1 | cashlawnapp | cashlawnapp |
| 2 | easynaira app | easynaira app |
| 3 | EasyNaira | EasyNaira |
| 4 | crediting app | crediting app |
| 5 | yoyi app | yoyi app |
These apps may be operating illegally. Report any contact from them to report@fccpc.gov.ng with evidence.
These apps have been removed from Google Play Store and banned by FCCPC for illegal activities.
| # | Company | App Name |
|---|---|---|
| 1 | wecredit | wecredit |
| 2 | hen credit loan app | hen credit loan app |
| 3 | cash door app | Cash Door App |
| 4 | eaglecash app | eaglecash app |
These apps may still operate through APK files. Never download loan apps from unofficial sources! They may steal your data and money.
These lenders have special transitional licenses from CBN while completing full compliance.
| # | Company | App Name | CBN Waiver |
|---|---|---|---|
| 1 | PalmCredit (Transsnet Financial) | PalmCredit | CBN WAIVER |
| 2 | Aella Credit | Aella Credit App | CBN WAIVER |
| 3 | Palmpay Limited | Palmpay App | CBN WAIVER |
| 4 | New Edge Finace Limited | Easy Buy App | CBN WAIVER |
| 5 | Sterling Bank Limited | Specta Mobile App | CBN WAIVER |
This list is compiled from FCCPC and CBN publications as of August 2025. Regulatory status changes frequently - always verify current status directly with:
Email: report@fccpc.gov.ng
Phone: 0809 210 3472 (FCCPC Consumer Protection Desk)