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(opens in a new tab)MoneyPal
(opens in a new tab) Back (opens in a new tab)MoneyPal
Other LenderFintech
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Go to Website (opens in a new tab)About MoneyPal
MoneyPal is a Nigerian digital lending application developed by Zedvance Finance Limited, a regulated consumer finance company based in Lagos. It is a mobile loan platform that provides instant personal loans, nano loans, and salary-based credit to individuals and small business owners. The app is designed to offer fast and convenient access to credit, with automated approval processes that allow eligible users to receive loans within minutes. MoneyPal serves both salary earners and non-salary earners, using digital credit scoring based on BVN, income patterns, and transaction history.
Amount
₦1,500 - ₦5,000,000
Tenor
61 - 365 days
Min. approval time
24 hrs
Countries
Created on
May 2026
Last updated
May 2026
Requirements
The basic requirements to apply for a loan on MoneyPal include:
- • Valid ID: National ID, voter’s card, driver’s license, or passport.
- • BVN: Required for identity verification and credit scoring.
- • Bank Account: Needed for loan disbursement and repayment.
- • Phone Number & Email: For registration and communication.
- • Proof of Income (optional): May improve loan eligibility or limit.
- • Smartphone Access: Required to use the mobile app.
- • Age Requirement: Must be 18 years or older.
- • Credit Check: Approval depends on repayment history and financial behavior.
How to Apply
To apply for a loan with MoneyPal, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
Alternatively, you can download the lender's app on Google Play StoreorApple App Store.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
Contact
Support Number
+234 700 100 1000
Website
Facebook Url
X (Formerly Twitter) Url
