These online platforms are granting quick credit to small- scale businesses

2. Kiakia.co

Kiakia which means “Fast Fast” in Yoruba is a digital money lender for small business. They are known to make use of psychometry, big-data, machine learning and digital forensics for the assessment of credit risk algorithm.

All for the purpose of providing business loans to millions of individuals and SMEs without credit information.

According to the company, the solution may seem fast and simple but it is very effective and efficient.

3. GroFin

Incorporated in August 2014, GroFin is a SME development financier with focus on both small business and growing business.

The company aims to help the upcoming entrepreneurs and small business owners access finance to support their business.

GroFin has so far succeeded in contributing to the growth of successful businesses, creating jobs and driving socio-economic development.