FairMoney Introduces On-Demand Credit to Support Nigeria’s Working-Class Economy

FairMoney, one of Nigeria’s leading digital banks, has introduced FlexiCredit, a new credit solution designed to give working professionals easier, faster, and more flexible access to funds. As rising living costs and unpredictable financial pressures continue to affect households across the country, FlexiCredit aims to bridge the gap by offering a credit product tailored to the financial realities of Nigeria’s growing workforce.

FlexiCredit is built on FairMoney’s data-driven lending infrastructure, which uses a combination of behavioural insights, transaction data, and repayment history to determine eligibility. Unlike traditional loan products with rigid terms, the new offering gives professionals the ability to access credit on demand, with flexible repayment cycles that align with their salary dates and income patterns. This structure is particularly valuable for Nigerians who need short-term support without the burden of fixed instalments or complex collateral requirements.

FairMoney’s goal with FlexiCredit is to make credit more accessible to the millions of banked but under-served Nigerians who struggle to receive timely credit from traditional financial institutions. Many professionals still face barriers such as lengthy approval processes, high documentation demands, and limited access to tailored financial products. FlexiCredit tackles these challenges by providing instant approvals, transparent fees, and a fully digital application process that can be completed within minutes.

Beyond convenience, the product is also designed to support financial stability. By offering predictable interest rates and allowing users to borrow precisely what they need, FlexiCredit helps professionals manage emergencies, handle recurring expenses, or take advantage of opportunities without derailing their financial plans.

FairMoney’s launch of FlexiCredit is part of its broader mission to build a robust digital banking ecosystem that empowers individuals with accessible financial tools. As more Nigerians embrace digital banking, solutions like FlexiCredit are expected to play a crucial role in reshaping personal finance, improving credit access, and supporting financial resilience for working professionals across the country.