FairMoney Nigeria

FairMoney (officially MyCredit Investments Limited) is a Nigerian fintech that holds a microfinance bank license from the Central Bank of Nigeria. With over 6 million users, FairMoney evolved from standalone digital lending into a full-service digital bank offering high-interest savings accounts, fixed-term deposits, current accounts, debit cards, POS solutions, and lending products. According to Technext24, FairMoney disbursed NGN 150 billion in loans and paid over NGN 7 billion in interest on savings within a single recent year. FairMoney is one of the most successful examples of a Nigerian neobank that pivoted from lending-only to diversified financial services.