4. QuickCheck
Made up of young entrepreneurs who thrive on new challenges and want to make a difference in the world, QuickCheck is a Nigerian Fintech Startup that aims to provide banking services to the underserved.
They’re aware that a large number of Nigeria’s population doesn’t have access to proper banking support. And they aim to fill the gap.
Knowing that the algorithms can be updated very quickly to match current market trends, QuickCheck uses machine learning to predict user behaviour and evaluate loan applications; therefore, enabling them to have a competitive advantage against traditional banking.
5. Paylater.ng
Paylater is a simple, entirely online platform that provides short-term loans in Nigeria to help cover unexpected expenses or urgent cash needs.
Small-scale business
The platform makes it possible for an upcoming entrepreneur and small business owners to access up to 500,000 Naira loan with no collateral.
Once your application is approved, funds are typically received within one to three business days.
And chances are high for you to get a higher credit limit if you make an on-time repayment of the loan.
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