List of Loan Apps Approved by CBN: It’s no longer news that many loan apps are functioning or providing financial services without obtaining official approval or authorization from the Central Bank of Nigeria (CBN) and the Federal Competition and Consumer Protection Commission (FCCPC).
By so doing, differentiating the regulated lending apps from the unregulated ones is like trying to separate the wheat from the chaff.
Hence the safety of our finances is paramount, we find every reason to bring to you the full list of loan apps approved by CBN and FCCPC.
Whether you are looking for safe and licensed loan apps, want to compare loan options, or want to understand CBN regulations, this article is for you!
We kindly advise you to read to the end so that you will not miss any important information concerning this.
A Brief Overview of CBN And Their Role in Regulating Loan Apps
The Central Bank of Nigeria (CBN), established in 1958, is the apex monetary authority of Nigeria. They serve as the chief conductor of the Nigerian financial orchestra.
Its primary mandate lies in ensuring monetary and price stability through various levers like managing interest rates and issuing legal tender currency (the Nigerian Naira).
Beyond just money matters, the CBN promotes a sound financial system by overseeing and regulating commercial banks and other financial institutions.
They also serve as a banker of last resort and the chief financial adviser to the federal government of Nigeria.
While CBN plays a vital role in Nigeria’s financial system, its involvement with loan apps isn’t as direct as one might think.
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However, they hold the purse strings from a distance when it comes to loan apps, exerting an indirect but impactful influence.
Here’s a breakdown of the CBN’s role in the realm of loan apps:
- Take decisions on monetary policy.
- Promotes overall financial system stability.
- Sets guidelines and regulations that all financial institutions, including loan apps, must adhere to.
- Combate money laundering and terrorism financing.
- License and regulate credit bureaus in Nigeria.
- Promotes financial literacy initiatives to educate Nigerians about responsible borrowing practices.
CBN also collaborates with other agencies, including the Federal Competition and Consumer Protection Commission (FCCPC), which happens to be the primary body responsible for registering and regulating loan apps in Nigeria.
Before I bring to you the list of loan apps approved by CBN, let’s quickly take a look at an overview of FCCPC!
Also Check: Loans For Startup Business in Nigeria: How to Apply & More.
About FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) is Nigeria’s leading authority for competition and consumer protection.
This governmental agency was established in 2018, during the administration of President Muhammadu Buhari.
They function within the Federal Ministry of Trade and Investment. The key functions of FCCPC are competition advocacy, consumer protection, and advocacy and awareness.
Just like we stated above, the FCCPC is the primary body responsible for registering and regulating loan apps in Nigeria.
They collaborate with the CBN to ensure that loan apps operate within the legal framework and protect consumers.
This regulatory authority established a set of criteria that digital lending platforms or loan apps must meet before they can be approved to operate in Nigeria.
These criteria are outlined in the Limited Interim Regulatory/Registration Framework and Guidelines for Digital Lending 2022. Click here to view the document.
Without wasting much time, let me bring to you the full list of Loan Apps Approved by CBN and FCCPC!
Also Check: Education Loan in Nigeria: How to Apply & All You Need to Know.
Full List of Loan Apps Approved by CBN & FCCPC
Below is the full list of Loan Apps Approved by CBN and FCCPC. Note that this list contains both fully approved/conditional approved companies/digital money leading apps.
Also, the list is too long to be contained in a single table, so we divide it into multiple tables, for a good user experience.
List of Loan Apps Approved by CBN & FCCPC: Table 1
S/N | Name of App | Type of Approval |
---|---|---|
01 | CLAN APP | Full Approval |
02 | 1-HOUR LOAN APP | Full Approval |
03 | 9CREDIT | Full Approval |
04 | EDIKE APP | Conditional Approval |
05 | NCASH APPS | Full Approval |
06 | LIFES TALIA APP | Conditional Approval |
07 | 9CREDIT | Full Approval |
08 | NCASH APPS | Full Approval |
09 | A1 CREDIT APP | Full Approval |
10 | ADASHE APP | Full Approval |
11 | AELLA APP | Full Approval |
12 | AIBANC MOBILE APP | Full Approval |
13 | AIRMONI | Full Approval |
14 | URGENT2K APPS | Full Approval |
15 | ALADDIN DIGITAL APP | Full Approval |
16 | ALEND APP | Full Approval |
17 | ALLAWEE APP | Full Approval |
18 | KIA KIA P2P | Conditional Approval |
19 | RETAIL BOOSTERS | Conditional Approval |
20 | LIDYA WEB | Conditional Approval |
21 | ZIPPY APP | Conditional Approval |
22 | DOLE APP | Conditional Approval |
23 | TASERE LOAN APP | Conditional Approval |
24 | GROWLY APP | Conditional Approval |
25 | AVRO APP | Conditional Approval |
26 | APEX LOAN APP | Full Approval |
27 | BALL APP | Full Approval |
28 | BANK ONE AND CBSL CREDIT APPS | Full Approval |
29 | BIMZUKASH APP | Full Approval |
30 | BLACKCOPPER APP | Full Approval |
31 | BLAZELOAN-ONLINE CREDIT LOAN APP | Full Approval |
32 | FLASHCREDIT-QUICK MONEY APP | Full Approval |
33 | BRANCH MOBILE APP | Full Approval |
34 | BUSIYARD CREDIT APP | Full Approval |
35 | CARBON APP | Full Approval |
36 | CARE CREDIT APP | Full Approval |
37 | CASHADVANCE APP | Full Approval |
38 | CASHOP APP | Full Approval |
39 | CASHOWOMI APP | Full Approval |
40 | CASHPADDIE APP | Full Approval |
41 | 9MONEY APP | Full Approval |
42 | PAYNAIRA APP | Full Approval |
43 | GBOBLOAN APP | Full Approval |
44 | ONEMONEY APP | Full Approval |
45 | HELPPO APP | Conditional Approval |
List of Loan Apps Approved by CBN & FCCPC: Table 2
46 | LENDING AND YOUTHCORPER APPS | Conditional Approval |
47 | GO CASH APP | Conditional Approval |
48 | ROCKSHIELD DIGITAL SAVING | Conditional Approval |
49 | LENDHA.COM | Conditional Approval |
50 | OWOAFARA.COM | Conditional Approval |
51 | KWABA APP | Conditional Approval |
52 | MYZENNAL.COM | Conditional Approval |
53 | NOLT APP | Conditional Approval |
54 | CREDITMONEY APP | Conditional Approval |
55 | LOANMATE APP | Conditional Approval |
56 | FEWCHORE PAY APP | Conditional Approval |
57 | LUCRED APP | Conditional Approval |
58 | NODCREDIT APP | Conditional Approval |
59 | SOKO LOAN APP | Conditional Approval |
60 | 9JA CASH APP | Conditional Approval |
61 | GET CASH APP | Conditional Approval |
62 | FAST MONEY APP | Conditional Approval |
63 | CASHRUN APP | Full Approval |
64 | MINTCREDIT APP | Full Approval |
65 | CREDITNOW APP | Full Approval |
66 | CREDIT WALLET APP | Full Approval |
67 | CREDITEASE APP | Full Approval |
68 | NAIRABOOST APP | Full Approval |
69 | CREDITFAST APP | Full Approval |
70 | CREDITGO APP | Full Approval |
71 | EASY MONEY LOAN APP | Full Approval |
72 | CREDITINN.COM.NG | Full Approval |
73 | CREDITMONEY APP | Full Approval |
74 | CREDITVILLE APP | Full Approval |
75 | CREDITWISE | Full Approval |
76 | KASHCASH APPS | Full Approval |
77 | GOMONI APP | Full Approval |
78 | TRUEMONEY APP | Full Approval |
79 | SURECREDIT APP | Full Approval |
80 | CREDPAL APP | Full Approval |
81 | CREVANCE.COM | Full Approval |
82 | CRIMSON APP | Full Approval |
83 | CSENSE APP | Full Approval |
84 | DOCREDIT | Full Approval |
85 | CARE FINANCE APP | Full Approval |
86 | DOTBANK APP | Full Approval |
87 | DYNAMIQUEIOS | Full Approval |
88 | BANKBOOK.CLOUD | Full Approval |
89 | E4MONI APP | Full Approval |
90 | EASE CASH APP | Full Approval |
List of Loan Apps Approved by CBN & FCCPC: Table 3
91 | EASYFUND APP | Full Approval |
92 | ECON MART APP | Full Approval |
93 | HUBCASH APP | Full Approval |
94 | NEAR MONEY APP | Full Approval |
95 | LOAN247 (PAYLIST) | Conditional Approval |
96 | ALTARA APP | Conditional Approval |
97 | PEBBLECRED APP | Conditional Approval |
98 | VENDOR CREDIT APP | Conditional Approval |
99 | RIVERMONEY APP | Conditional Approval |
100 | RIVERBRAND APP | Conditional Approval |
101 | FINPADI APP | Conditional Approval |
102 | RETAIL BOOSTERS APP | Conditional Approval |
103 | OKILO LOAN APP | Conditional Approval |
104 | FLAME LOAN APP | Conditional Approval |
105 | POPPOKKET APP | Conditional Approval |
106 | LOAN PART APP | Conditional Approval |
107 | GRIT-TECH LOAN APP | Conditional Approval |
108 | LENDA APP | Conditional Approval |
109 | PRIME PAY APP | Conditional Approval |
110 | XERO ACCOUNTING APP | Conditional Approval |
111 | FINRATUS APP | Conditional Approval |
112 | AIBANC MOBILE APP | Conditional Approval |
113 | EDIKA APP | Full Approval |
114 | EDONENTER APP | Full Approval |
115 | CREDIT-MOI APP | Full Approval |
116 | ELEPHANT APP | Full Approval |
117 | EXTRA CASH APP | Full Approval |
118 | QUICKTELLER APP | Full Approval |
119 | FAIRMONEY APP | Full Approval |
120 | FASTCENT APP | Full Approval |
121 | INTSWALLET APP | Full Approval |
122 | FEWCHORE PAY APP | Full Approval |
123 | FIRMUS MONIE APP | Full Approval |
124 | FLICKWHEEL APP | Full Approval |
125 | FLOAT -CASH APP | Full Approval |
126 | FLOATR APP | Full Approval |
127 | FLUNA APP | Full Approval |
128 | FULCRUMMONEY APP | Full Approval |
129 | SIGMAMONEY LOAN APP | Full Approval |
130 | TOKCASH LOAN APP | Full Approval |
131 | FUTURECASH APP | Full Approval |
132 | GALAXY CREDIT APP | Full Approval |
133 | GETCREDIT APP | Full Approval |
134 | GO LOAN APP | Full Approval |
135 | GOCASH APP | Full Approval |
List of Loan Apps Approved by CBN & FCCPC: Table 4
136 | GOLOAN APP | Full Approval |
137 | HALOWALLET APP | Full Approval |
138 | HCWALLET AND PRIME PAY APPS | Full Approval |
139 | HIFUND APP | Full Approval |
140 | HIKASH APP | Full Approval |
141 | PAPKASH APP | Full Approval |
142 | NEWCASH APP | Full Approval |
143 | ALIKASH APP | Full Approval |
144 | DOHCASH APP | Full Approval |
145 | YOHCASH APP | Full Approval |
146 | HIZO.AFRICA | Full Approval |
147 | HOMETOWN APP | Full Approval |
148 | ICREDIT APP | Full Approval |
159 | IMONEY APP | Full Approval |
150 | INSTANT LOAN APP | Full Approval |
151 | FLASH SILVER APP | Full Approval |
152 | CREDIT CUBE APP | Full Approval |
153 | GOOSE WALLET | Full Approval |
154 | URGENT MONEY APP | Full Approval |
155 | INSTANTCRED APP | Full Approval |
156 | IRORUN MOBILE APP | Full Approval |
157 | IRORUN WEB | Full Approval |
158 | IUSTUS APP | Full Approval |
159 | SNAPPY APP | Full Approval |
160 | CREDIT APP | Full Approval |
161 | KASH LOAN APP | Full Approval |
162 | CREDIT LOAN APP | Full Approval |
163 | NAIRALOAN APP | Full Approval |
164 | KASHOUT APP | Full Approval |
165 | FLASHCREDIT APP | Full Approval |
166 | SWIFTCREDIT APP | Full Approval |
167 | RAPIDLOANS APP | Full Approval |
168 | ACECREDIT APP | Full Approval |
169 | ACELOAN APP | Full Approval |
170 | RAPIDALART APP | Full Approval |
171 | KASHPAL APP | Full Approval |
172 | MINICREDIT APP | Full Approval |
173 | KIAKIA P2P APP AND KIYA APP | Full Approval |
174 | KIOWOPE APP | Full Approval |
175 | KLIKSAVE APP | Full Approval |
176 | KOBOGO APP | Full Approval |
177 | KOINS BY PRIMERA APP | Full Approval |
178 | KWIKPAY CREDIT APP | Full Approval |
179 | LENDME APP | Full Approval |
180 | LENDQUICK APP | Full Approval |
List of Loan Apps Approved by CBN & FCCPC: Table 5
181 | LENDWISE APP | Full Approval |
182 | LETSGO APP (LETSHEGO DIGITAL APPS) | Full Approval |
183 | LIBERTYCRED APP | Full Approval |
184 | LINKCREDIT APP | Full Approval |
185 | MONIEPOT APP | Full Approval |
186 | URKASH APP | Full Approval |
187 | KASHON APP | Full Approval |
188 | POWERKASH APP | Full Approval |
189 | LIONCASH APP | Full Approval |
190 | LAIRAPLUS | Full Approval |
191 | LCASH | Full Approval |
192 | CASHLION APPS | Full Approval |
193 | TRUENAIRA APP | Full Approval |
194 | CAYCREDIT APP | Full Approval |
195 | NAIRAPLUS APP | Full Approval |
196 | CRANCASH APP | Full Approval |
197 | LOANMATE APP | Full Approval |
198 | LOANNAIRA APP | Full Approval |
199 | AJELOAN APP | Full Approval |
200 | LOANNOW APP | Full Approval |
201 | RAPIDLEND APP | Full Approval |
202 | IKASHPRO APP | Full Approval |
203 | EASYLEND APP | Full Approval |
204 | LUCKYLOAN APP | Full Approval |
205 | ONECASH APP | Full Approval |
206 | RITECASH APP | Full Approval |
207 | FLYCASH APP | Full Approval |
208 | OMEGALOAN | Full Approval |
209 | MENACRED APP | Full Approval |
210 | MENOFUND APP | Full Approval |
211 | MICROMONEY APP | Full Approval |
212 | MINIOMA APP | Full Approval |
213 | SNOWPAY APP | Full Approval |
214 | MINTBAG APP | Full Approval |
215 | MONEE APP | Full Approval |
216 | MONEY IN MINUTES APP | Full Approval |
217 | MONEYPAL APP | Full Approval |
218 | MONEYTREE APP | Full Approval |
219 | MONI/MONI AFRICA APP | Full Approval |
220 | MONIGO APP | Full Approval |
221 | MYCASHIER MOBILE APP | Full Approval |
222 | FAST POINT WEB APP | Full Approval |
223 | NAIRABOX APP | Full Approval |
224 | NAIRAGO APP | Full Approval |
225 | NAIRAMAX APP | Full Approval |
List of Loan Apps Approved by CBN & FCCPC: Table 6
226 | NAWABOX APP | Full Approval |
227 | MONEYSPACE APP | Full Approval |
228 | REALCREDIT APP | Full Approval |
229 | NAWA BUY NAIRA | Full Approval |
230 | NCREDIT | Full Approval |
231 | NMONEY | Full Approval |
232 | FITLOAN | Full Approval |
233 | SWIFTNAIRA | Full Approval |
234 | BGLOAN | Full Approval |
235 | WECREDIT | Full Approval |
236 | NEWLENDING APP | Full Approval |
237 | NEXTPAYDAY APP | Full Approval |
238 | NOWCREDIT APP | Full Approval |
239 | ALLCREDIT APP | Full Approval |
240 | PONYCASH APP | Full Approval |
241 | WAYACREDIT APP | Full Approval |
242 | CORRECTLOAN APP | Full Approval |
243 | OK CASH APP | Full Approval |
244 | PEARL CASH APP | Full Approval |
245 | OKASH APP | Full Approval |
246 | EASEMONI APP | Full Approval |
247 | OKILO LOAN APP | Full Approval |
248 | FLAME LOAN APP | Full Approval |
249 | OKILOCASH APP | Full Approval |
250 | LUMOSLOAN APP | Full Approval |
251 | OLA CREDIT APP | Full Approval |
252 | ARA CASH APP | Full Approval |
253 | OPP CASH APP | Full Approval |
254 | CHEDDAR APP | Full Approval |
255 | OMAFIN APP | Full Approval |
256 | OURPASS APP | Full Approval |
257 | OXLOAN PRO APP | Full Approval |
258 | OXYMON APP | Full Approval |
259 | OYESCREDIT APP | Full Approval |
260 | P2VEST APP | Full Approval |
261 | PASA APP | Full Approval |
262 | PAYCREDIT APP | Full Approval |
263 | PAYDAY LOAN APP | Full Approval |
264 | PAYFI APP | Full Approval |
265 | PAYHIPPO APP | Full Approval |
266 | PAYLATER APP | Full Approval |
267 | PENAID.NG | Full Approval |
268 | PENNEE APP | Full Approval |
269 | PITCH CREDIT APP | Full Approval |
270 | GETNAIRA APP | Full Approval |
List of Loan Apps Approved by CBN & FCCPC: Table 7
271 | PAYPOINT APP | Full Approval |
272 | PIVO APP | Full Approval |
273 | PLENTYCASH APP | Full Approval |
274 | STEADYKASH APP | Full Approval |
275 | LIFELINE APP | Full Approval |
275 | POCASH APP | Full Approval |
276 | POCKETFUEL APP | Full Approval |
277 | PROCASH APP | Full Approval |
278 | QCASH APP | Full Approval |
279 | MY CASH APP | Full Approval |
280 | HCASH APP | Full Approval |
281 | PROVEST APP | Full Approval |
282 | QUICKCHECK APP | Full Approval |
283 | RAPAID AFRICA APP | Full Approval |
284 | RED HARBOUR APP | Full Approval |
285 | REGXTA APP | Full Approval |
286 | RENMONEY INSTANT CASH LOAN | Full Approval |
287 | RENNERS APP | Full Approval |
288 | REXAFRICA APP | Full Approval |
289 | ROCKETLEND-FASTMONEY APP | Full Approval |
290 | SILKLOAN-QUICKCASH LOAN APP | Full Approval |
291 | ROCKIT APP | Full Approval |
292 | FLEXI CASH APP | Full Approval |
293 | RUBIMONI APP | Full Approval |
294 | RUSHCREDIT APP | Full Approval |
295 | SALAD AFRICA APP | Full Approval |
296 | SAPA JUMP APP | Full Approval |
297 | SHARP COLLECT APP | Full Approval |
298 | TOGAIN APP | Full Approval |
299 | STREAM SAPA APP | Full Approval |
300 | SAVINGSBOX APP | Full Approval |
301 | SECUCASH APP | Full Approval |
302 | SEEDFI APP | Full Approval |
303 | SHARA APP | Full Approval |
304 | SHOPTOPUP APP | Full Approval |
305 | SOMEMONI APP | Full Approval |
306 | STARCREDIT APP | Full Approval |
307 | STASH APP | Full Approval |
308 | SUPERMONEY APP | Full Approval |
309 | MONEYHUB APP | Full Approval |
310 | CASHHOP APP | Full Approval |
312 | CREDITLAB APP | Full Approval |
313 | SUPERWALLET APP | Full Approval |
314 | GOSLING APP | Full Approval |
315 | SPENDMONEY APP | Full Approval |
List of Loan Apps Approved by CBN & FCCPC: Table 8
316 | FORTUNE TREASURE APP | Full Approval |
317 | GOLD SOURCE APP | Full Approval |
318 | SUPREME HELP CO-OPERATIVE SOCIETY | Full Approval |
319 | SWIFUND APP | Full Approval |
320 | LIMITED SYCAMORE APP | Full Approval |
321 | LIMITED SYCAMORE APP | Full Approval |
322 | TAP CASH | Full Approval |
323 | SHBUS APPS | Full Approval |
324 | CREDIT POCKET | Full Approval |
325 | TIGER CREDITH APP | Full Approval |
326 | KKCASH APP | Full Approval |
327 | ZCASH APP | Full Approval |
328 | EASYKASH APP | Full Approval |
329 | TLOAN APP | Full Approval |
330 | NICENAIRA APP | Full Approval |
331 | TCREDIT APP | Full Approval |
332 | PALMCASH APP | Full Approval |
333 | EASEMONEY APP | Full Approval |
334 | GREENCREDIT APP | Full Approval |
335 | TOPCHANCE APP | Full Approval |
336 | GOGETCREDIT APP | Full Approval |
337 | LILYCASH APP | Full Approval |
338 | CONSTANT CASH APP | Full Approval |
339 | TOPCREDIT.COM.NG | Full Approval |
340 | TRACTIONAPP APP | Full Approval |
341 | TRADE LENDA WEB APP | Full Approval |
342 | TRIVISTA APP | Full Approval |
343 | TWALELOAN APP | Full Approval |
344 | UC SALARY LOAN APP | Full Approval |
345 | KASHNOW APP | Full Approval |
246 | ULTRA CASH APP | Full Approval |
347 | ULTRA NAIRA APP | Full Approval |
348 | UMBA MOBILE APP AND UMBA WEB | Full Approval |
349 | UNLOCKCASH APP | Full Approval |
350 | SUNQUOTA APP | Full Approval |
351 | MASSIVE CARD APP | Full Approval |
352 | URGENT10K APP | Full Approval |
353 | USHINE CASH APP | Full Approval |
354 | VALUE CREDIT APP | Full Approval |
355 | VEEND APP | Full Approval |
356 | VIBECREDIT APP | Full Approval |
357 | VIDUS LOAN APP | Full Approval |
358 | EARLY LOAN APP | Full Approval |
359 | HOPE LOAN APP | Full Approval |
360 | VKASH APPS | Full Approval |
List of Loan Apps Approved by CBN & FCCPC: Table 9
361 | VYBECASH APP | Full Approval |
362 | WEB PORTAL | Full Approval |
363 | WEKASH APP | Full Approval |
364 | WINLOAN APP | Full Approval |
365 | WWW.COOLBUCKSNG.COM | Full Approval |
366 | WWW.SLASHFINANCES.COM | Full Approval |
367 | YANZU AFRIKA APP | Full Approval |
368 | YANZU KREDIT APP | Full Approval |
369 | YESCREDIT APP | Full Approval |
370 | ZELIA APP | Full Approval |
371 | ZEMCASH APP | Full Approval |
372 | ZUVY.CO | Full Approval |
373 | WAKACASH APP | Full Approval |
Also Check: Car Loan in Lagos: Get Your Dream Car Today.
List of Loan Apps Approved by CBN: Conclusion
Thanks for following this article to the end! At this point, we believe that you can awesomely differentiate between the regulated lending apps and the unregulated ones.
We also believe that this piece of information will help you avoid being a victim of loan sharks or fake loan apps.
Our financial safety matters a lot, and by so doing, engaging with only trustworthy and legitimate lending platforms is paramount.
To serve you with up-to-date information, we will be updating this page in response to any changes concerning this topic. So, don’t forget to bookmark it for easy access in the future.
Now, let’s hear from you!
What do you have to say about the list of loan apps approved by CBN and FCCPC?
Which of the loan apps is your favorite?
You can use the comment section below if you have an opinion or a question concerning this!
Source: Instantmoni.com.
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