Top 15 Quick Cash Loan Apps In Nigeria 2022

In this era of economic decline and business meltdown, financial obligations have become overwhelmingly difficult to meet without getting quick cash loan apps that will provide instant access to funds when you need them, whether you are a worker, or you are unemployed, or you are a family owner or you are even a student.

It has also become necessary to differentiate between quick cash loan apps and digital banks and platforms that are reputable, responsible and inculcate ethical business practices to deal with their customers. The 15 lending platforms and companies we will be showcasing in this article do not use strict collection methods on their customers nor do they send shame and blackmailing messages to them, their family members and contact list even when their repayment has fallen due.

Our carefuly selected list of 15 best quick cash loan apps in Nigeria for instant borrowing won’t send you, your family or your contact list defamatory or threatening messages. This is not to encourage default but to promote ethical lending practices between lending companies and their customers.

15 Best Quick Cash Loan Apps In Nigeria

Today, QUICK LOAN ARENA, the number 1 review website for loan apps in Nigeria and digital banks globally brings you the top list of carefully elected 15 quick cash loan apps that are guaranteed for instant borrowing and processing, some in minutes as low as 5 minutes, some in a few hours and cash disbursement are done straight to your bank account once you qualify.

The lending oppportunity criteria are for individuals (whether employed or unemployed or student or job seeker) and for businesses ( whether registered or not registered) but resident in Nigeria.

We recommend you make your quick cash loan borrowing request only from any of the following 15 reputable and highly recommended loan apps in Nigeria and as much as possible boycott the many others that threaten and blackmail you even before your repayment falls due.

Below are QUICK LOAN ARENA list of 15 repuatble quick cash loan apps for individuals of different categories and for small and medium scale businesses in Nigeria: Please note that this tight rating is subject to review from time to time.

  1. Branch
  2. Carbon
  3. Aella Credit
  4. QuickCredit
  5. Okash
  6. FairMoney
  7. Page Financials
  8. Renmoney
  9. Umba
  10. Money in Minutes
  11. QuickCheck
  12. Migo
  13. MoneyPal (Zedvance)
  14. C24 Capital
  15. Alat by Wema

1. Branch

Top 15 Quick Cash Loan Apps In Nigeria 2022
Branch is our 1st pick in the list of Top 15 Quick Cash Loan Apps In Nigeria 2022

Branch Loan App is the first on our list of quick cash loan apps that make it easy for people in Nigeria and some few other countries to get urgent and emergency loan up to ₦500,000, to transfer money for free, and enjoy investment yields of 20% per annum.

Branch has offices in Nairobi, Kenya; Lagos, Nigeria; Mumbai, India; and San Francisco, United States, though at the moment, it operates in India, Kenya, Tanzania, and Nigeria.

At the moment, Branch do not provide customer support by phone number or in person. They request customers to send them a message via the app any time, and promises to help resolve whatever issue such people may have.


Branch designed their loan process to fit your needs and help you grow. As you build credit with Branch, you unlock larger loan amounts.

Unlike other lenders, this quick cash loan platform don’t make you jump through hoops or fill out paperwork. Simply apply through the Branch app and get approved under 24 hours.

Branch do not charge late fees or rollover fees, neither do they put restrictions on how you spend your money, and their customer support team is available 24/7.

What is required to receive a Branch loan?

Requirements are simple – all you need to apply is your phone number or Facebook account, bank verification number (BVN) and bank account number. They will also request access to the data on your phone in order to build your credit score.

To read more about Branch loan details, CLICK HERE.

To download the app from Google Play Store and apply for loan, CLICK HERE.

2. Carbon

Top 15 Quick Cash Loan Apps In Nigeria 2022
Carbon is our 2nd pick in our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

Carbon, formerly known as Paylater, is the second on our list of Nigeria’s leading lending platforms quick cash loan apps that give instant cash to borrowers once approved. With over 40 employees, they have a presence in Nigeria, South Africa, United Kingdom, Ghana and Portugal.

Quick cash loan from Carbon do not require collateral or guarantors. At your first try, you may not be able to access big funds, you start by borrowing small, and paying back as at when due, then you can have access to bigger funds.
The loan platform is available 24/7. You can apply on weekends and holidays and get a quick loan.

Document Requirements To Access Quick Cash Loan From Carbon

You need to download and use the Carbon app

You will be required to provide your basic details such as name, phone numbers and more

A photo of you which you may have to snap real time with your phone via the app

Bank Verification Number (BVN)

Bank account details

Your ATM card that will be used to pay back loan. You will also submit major details of the card. You will be billed an initial N50 or N100 to authenticate the card.

This is not frequent but you may be asked for a government issued ID.



To read more about Carbon, CLICK HERE.

3. Aella Credit

quick cash loan
Aella is our 3rd pick in our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

Aella Credit is the third on our list of best digital lending apps for quick cash loans in Nigeria. With this app, it shouldn’t be difficult to borrow funds either for yourself or for your business. It shouldn’t also be difficult to get quick cash loan to invest, increase productive capacity, pay bills, and get more working capital for your business. With Aella, all these are available at the snap of your fingers.

According to Aella, “you deserve simple, straightforward products that actually work, adding that they make it super easy for anyone to borrow, invest, make payments, and insure their health.

How Aella Loan works

  1. Download the Aella Credit app from Google Play Store or IOS App Store.
  2. Create your account by simply filling out your details in less than a minute and submit for a quick review.
  3. Update your profile by providing answers to quick questions about you.
  4. Click the “Check Eligibility” button to see the amount of loan you are eligible to borrow in seconds.
  5. Apply for loan
  6. Receive funds in your bank account

Loans will be sent to your bank account provided in 5 minutes or less. Borrowed funds may be repaid via the App or directly to your personalized bank account. Build your credit score to qualify for higher loans.

You can download Aella app on Google Play Store by clicking here.

You can download Aella app on App Store by clicking here.

To read more about Aella Credit, CLICK HERE.

4. Quick Credit

quick cash loan
Quick Credit is our 4th pick in our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

Quick Credit is no 4 on our list of best lending apps in Nigeria for quick cash loan that strives to provide borrowers and mobile users with simplified loan processing and little or no documentation. Users can get qualified loan products which is 100% online process. Once approved, the loan amount will be immediately transferred to the applicant’ s bank account. No collateral, documentation or guarantee is required.

Quick Credit loan Features

1.Tenure: From 91 days to 365 days.
2.Loan Amount: From NGN.1,500 to NGN.50,000.
3.The maximum Annual Percentage Rate (APR) is 36%.
4.Origination fee: From 1% to 9%.

How to APPLY

1.Download Quick Credit App from google play store and install.
2.Register an account with your phone number.
3.Fill in basic information.
4.After the submission of the loan application, the final result will be shown in the APP.
5.If approved, the loan amount will be disbursed into the bank account directly.

You can download Quick Credit app on Google Play Store by clicking here.

To download the app on Apple Store for iOS devices, CLICK HERE.

To read more about Quick Credit, CLICK HERE.

5. OKash

Quick cash loan
OKash is our 5th pick in our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

Okash makes the fifth on our list of leading digital lending apps that give you quick cash loan credit anytime, anywhere in Nigeria.

It is a convenient emergency online loan platform for Nigeria mobile users managed by Blue Ridge Microfinance Bank Limited. OKash fulfills customers’ financial needs completely online 24/7. The application process takes just a few steps with minimal documentation and the approved loan amount is transferred to the applicant’s bank account

Loan tenure ranges from 91 days to 365 days with loan amount from NGN 3,000 to NGN 500,000. Interest Rate with a minimum of 0.1% up to 1%. Their interest rate is calculated on a daily basis. Annual interest rates from 36.5% to 360%. Origination Fee: Range from NGN 1,229 – NGN 6,000 for a one-time charge

How the OKash App works?

1. Install the OKash APP from the Play Store.
2. Register an account.
3. Select the product you would like to apply for.
4. Fill out your basic information, then submit the application.
5. After the submission, you may receive a call for verification. The final application result will be shown in the APP and you will be informed by SMS if approved.
6. E-sign the loan agreement after the approval.
7. After the E-sign, the approved loan amount will be disbursed into your account shortly and a SMS notification will be sent.

1. Nigeria Resident.
2. 20-55 years old.
3. Source of a monthly income.

Customer Service Email:
Customer Service Hotline: (+234)08097755512,08097755514
Address: Room 301, Japaul House, Plot 8 Dr. Nurudeen Olowopopo Way, Central Business District, Ikeja, Lagos, Nigeria

You can download the Okash app on Google Play Store by clicking here

To read more about Okash app, CLICK HERE.

6. FairMoney

quick cash loan
FairMoney is our 6th pick in our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

FairMoney takes the 6th position on our list of top digital platforms for quick cash loan in Nigeria, seamless lending procedures and excellent customer service.

Loan amounts range between ₦1,500 to ₦1,000,000 with repayment periods from 61 days to 18 months at monthly interest rates that range from 2.5% to 30% (APRs from 30% to 260%)

Quick Loan characteristics
Loan amount from ₦1,500 to ₦1,000,000
Repayment periods from 61 days to 18 months
APR from 30% to 260% per annum
Interest discounts of up to 90% for early repayments
No hidden fees

You can download the FairMoney app on Google Play Store by clicking here

To read more about FairMoney app, CLICK HERE.

To visit FairMoney website CLICK HERE.

7. Page Financials

quick cash loan
Page Financials is our 7th pick in our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

Page Financials comes no 7 on our list of best digital lenders for quick cash loan in Nigeria. Whether you have an urgent need for cash to settle bills, take care of emergencies or grab an opportunity? Page Financials lending app and platform can be your good alternative.

Does payday seem so far and bills are piling up? Page Financials has a convenient, secure and instant loan scheme that have got you covered. You can apply for a loan now and get the funds in less than 3 hours, the company says.

Minimum loan amount is N100,000 and the upper limit for a new customer is N5, 000, 000. Both depend on borrower’s capacity to repay based on verifiable income level and other selection criteria. Loan amount of ₦3,500,000 borrowed for 12 months. Monthly Interest Rate:- 2.99%. No other fees. Minimum and maximum loan term: 3 – 12 months.

To apply for a Page Financials quick loan, CLICK HERE


To Download and and apply through PAGE FINANCIALS APP ON APP STORE, CLICK HERE.

To read more about Page Financials, CLICK HERE.

8. Renmoney

Quick cah loan
Renmoney is our 8th pick in our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

Renmoney digital platform is number 8 on our list of top lending apps for quick cash loan in Nigeria and it is managed by a group of technology and finance enthusiasts who are passionate about making financial inclusion count nationwide.

Renmoney says it is Nigeria’s most convenient quick cash loan company – delivering outstanding service experiences. With this platform, you can apply for a convenient loan to meet needs like growing your small business, renovating your home, buying a new car, paying rent, school fees, medical bills, etc.

How Renmoney Loan App Works

Choose your loan amount & tenure then share some information about yourself

Verify the information that you’ve provided

Receive loan
Sign your documents and get the money in your bank account within 24hrs, if your loan is approved.

Representative Example:

Loan amount of ₦2,000,000 borrowed for 12 months. Monthly Interest Rate: 2.9%. Total Amount Payable: ₦2,683,430. APR: 34.17% No other fees.

Apply For Renmoney Quick Loan:

To Apply for their Renmoney Quick Loan, CLICK HERE

You can download the Renmoney app on Google Play Store by clicking here.

To read more about Renmoney, CLICK HERE.

9. Umba

Quick Cash Loan
Umba is our 9th pick in our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

Umba comes 9th position on our list of quick cash loan apps in Nigeria. It’s hosted on both Google Play Store and Apple Store and prides itself as the leading digital bank in Africa. The app allows users to apply, drawdown and repay loans directly from their smartphone or desktop computer.

Once an individual is verified, it makes lending decisions based on an assigned risk rating.

What do people use Umba for? Plenty of things, like:
Getting a Mobile Money Loan
Apply mobile money loan in seconds. Receive mobile money to your M-Pesa account.


Create your account
Apply in seconds
Receive an Umba Loan
Increase your loan limit every time you repay a loan on time


  1. Umba puts you in control of your finances. The Umba app lets you apply for credit on the go and it works 24/7.
    No paperwork, collateral or office visits needed.
  2. You can use your Umba loan to send money directly to your M-Pesa account, to merchants, or utility providers
    No late charges or rollover fees.
  3. Get access to bigger loans, lower fees, and flexible payment terms as you repay. Loans are approved and disbursed quickly.
  4. Get access to credit to build the life you want — for your business, your home, your family, your life.


Umba makes getting a personal loan simple by using the data on your phone including your SMS history to verify your identity and create a credit score. We encrypt the data you choose to share with us to protect your privacy. We take your privacy very seriously and promise to never share your information with third parties.

You can download the Umba app on Google Play Store by clicking here

To read more about UMBA loan app, CLICK HERE.

10. Money In Minutes

Quick cash loan
Money In Minutes is our 10th pick in our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

Money In Minutes is coming 10th position on our rating of top 15 quick cash loan apps in Nigeria and it is managed by MIM Finance Company, a UK-originated lending platform with presence across three (3) continents and Nigeria’s 1st Credit Membership that gives instant cash.

The organization code named MIM Finance Company has been enabling lives and businesses for over twenty (20) years now by its quick online loans and other related business support.

With over $10 Billion disbursed over the last two decades, Money In Minutes is in a position to help individuals and businesses to grow. According to the company: “Affordable and stress-free finance shouldn’t be for the privileged few but for ambitious and hardworking citizens that can demonstrate the ability to afford repayments.”

The platform has a robust and wide range of products to help you access affordable finance for various needs and purposes.


MIM gives quick loans from ₦25,000 – ₦2m at interest rates between 4% to 30%

Quick access to affordable finance in minutes.

With it flexibility, there is something for everyone.

The platform is built on a positive credit profile with its range of products.

Gives access to quick and affordable finance to fuel your hustle or attend to urgent needs.

To apply for a Money In Minutes Loan, CLICK HERE

To read more about Money in Minutes loan app, CLICK HERE.

11. QuickCheck

Quick Cash Loan
QuickCheck is our 11th pick in our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

QuickCheck comes 11th position in our assessment rating of top quick cash loan in Nigeria for emergency funding. The platform uses machine learning to predict borrower’s behaviour and instantly evaluate loan applications.

How To Get Quick Cash Loan From QuickCheck in Minutes

Create a Profile
Download the app for free,
Sign up for an account

If you qualify, your cash will be disbursed within minutes to your bank account.

How Do I Apply?       

Apply and your credit score will be instantly be evaluated and let machine learning decide if you qualify.

All applications MUST be completed on your android device . You can begin your application by downloading the QuickCheck app from the Google Playstore. After downloading the app, sign in with your facebook email address and password and fill the provided fields correctly.

Can I Apply For A Loan on my Computer or other operating devices?

The QuickCheck app is ONLY available on android devices. However, if and when QuickCheck launch on other operating systems, we will notify the public.

To apply for QuickCheck loan on Google Play Store, CLICK HERE.

To Visit Quick Check website, CLICK HERE

To read more about QuickCheck loan app, CLICK HERE.

12. Migo


quick cash loan
Migo is our 12th pick in our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

Migo (formerly kwikmoney)  ranks the 12th position in our list of accredited and reputable quick cash loan platforms in Nigeria. Migo is a cloud-based digital lender in Nigeria that enables you access to instant loan and if willing, to make purchases from merchants or withdraw cash without the need for a smartphone, point-of-sale hardware or plastic cards.

The platform ensures your online loan request enters your account (or the account of the merchant you are paying) right after you complete your application session, so loan processing is just a few minutes.

Migo loan amounts range from N500 to over N500,000. The loan agency usually start with a small loan and grow your loan offers over time as you borrow and repay consistently and build trust with the system. You do not need any collateral or documentation or guarantor to request your Migo loan. Your loan offers will continue to grow at a steady pace as you borrow and repay early. Physical visitation of Migo office or a bank is never necessary

Their minimum loan amount is N10,000 and the upper limit for a new customer is N50,000 with no collateral or guarantor required. Interest rates are determined by a number of factors, including your repayment history and the cost of lending. Loan decisions are provided within 15 seconds and if approved, the applicant receives funds within 5 minutes.

Interest Rates On Migo Loan

Your interest rates, just like your loan amounts vary based on your personal information and loan repayment history. Interest rates could reduce, while loan amounts increase with good repayment history and vice versa.

Interest rates range from 5%-25%. The rate applied depends on your repayment history and the loan term. Interest rates are not fixed and can be reduced by repaying your loans early. You can also get reduced interest rates when you recommend friends to take a loan and repay. As a new borrower, you can only have access to a small loan offer depending on your credit history.

How To Apply For A Quick Cash Loan From Migo

Your personal information is used to determine your unique loan offers. The loan platform provides a range within your available credit limit from which you can select. Currently. You need Valid bank details, Payment card details, Android Phone and Complete application.

To get a loan, all you have to do is enter your phone number on your loan dashboard.

Once you select the loan amount you want, you’ll be asked to give details of your bank account for the loan to be deposited. Finally, your debit card information will be registered to make repayment easier for you.

You can also get a Migo loan by dialing *561# for MTN, 9mobile, and Glo or *554*561# for Airtel. From the list, select “Request Loan” to see a list of your customized loan offers.

To apply for a Migo loan, CLICK HERE

To get more information about Migo loan, CLICK HERE

13. MoneyPal (Zedvance)

quick cash loan
MoneyPal is our 13th pick in our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

MoneyPal owned and managed by Zedvance Limited is the 13th position rating on our list of best quick cash loan apps for emergency funds in Nigeria.

Zedvance Limited is a consumer finance company that offers loan packages that cater to all your financial needs regardless of what they may be. The company claims an eligible individual or small business can get up to N5million quick loan in 5 hours. With the MoneyPal app, you can access collateral-free Zedvance loans of up to N5million anywhere, anytime with zero hidden charges.

Customers can enjoy loan tenors up to 24months at Annual Percentage Rate (APR) of 34.8% – 365%.

For example: If a customer borrows NGN100,000 for 6-months, we will charge an interest rate of 2.9% per month at an APR of 34.8%. A processing fee of NGN1,900 (that is 1.9% of the amount requested) will apply as well as six monthly repayments of NGN 19,566.67. This gives a total repayment of NGN 119,300.02.

To get started, simply:
1. Download the app.
2. Click on “Create Account”.
3. Provide relevant details (please register with the phone number linked to your BVN).
4. Apply for your preferred loan amount.

To apply for MoneyPal loan, by downloading the app on Google Play Store, CLICK HERE.

To Visit and apply through MoneyPal (Zedvance) website, CLICK HERE

To read more about MoneyPal (Zedvance) loan platform, , CLICK HERE.

14. C24 Capital

Quick Cash Loan
C24 Capital is our 14th pick on our list of Top 15 Quick Cash Loan Apps In Nigeria 2022

C24 Capital takes the 14th position on our list of quick cash loans in Nigeria. The financial institution provides retail credit for consumers in need of emergency cash funding and is focused on delivering services that can be accessed online, from any internet-enabled device anywhere within Lagos.

The platform does not exist on Google Play Store or App Store and therefore application has to be completed on the company’s website.

Types of C24 Capital Loan Offer

Personal Loans

Business Loans

Quick Cash


Check Your Eligibility…Read through our loan requirement to see if you meet our eligibility criterion.

Personalize Your Offer…Select how much loan you want and how long you want to take it for.

Borrow & Repay…Once you are done with the application submit your application and you get your loan amount with your own terms within hours.


4 Adenubi Close off Majekodunmi Street, off Allen Avenue, Ikeja, Lagos

Reach them on WhatsApp 09090896919
Call Us On:
09090896919, 09090897471

Working Hours: 8:00AM – 5:00PM
Working Days: Monday – Friday

To apply for personal or business loan with C24 Capital, CLICK HERE.

To apply for Quick Cash Loan from C24 Capital as a Civil Servant, CLICK HERE.

To visit C24 Capital website and read more, CLICK HERE.

15. Alat By Wema

ALAT by WEMA takes the 15th and last position on our rating of top 15 quick cash loan apps for emergency credit in Nigeria. The platform offers easy access to quick loans without paperwork or collateral. Loans are available to all Alat customers via Alat App or the website.

As with everything else on ALAT, you can now apply for a quick loan without collateral or paperwork, no visitation to any physical location, and response time between acceptance of offer and loan disbursement is in minutes. You can now borrow as much as N2,000,000 (Two million naira) without collateral.

Why Should You Take a Quick Loans on ALAT?
It’s very easy to apply – No long forms to fill
It only takes a few minutes to get the loan in your bank account after approval
No collateral is required
Low-interest rates
Repayment is very easy
Bigger loans, lower interest rates on subsequent loans

What is Alat Loan Interest Rate?
Alat loan is structured to help and it is evident in the interest rate.

Salary earners will be able to receive a minimum of #50,000 and up to #4,000,000 within hours and will have between 3 to 24 months to pay back with only a 2% interest rate per month on a reducing balance basis.

Paying back your loan
At the payback date if the instant loan is still outstanding you will get a repayment notification after which your account will be automatically debited
The customer gets a repayment notification
You may also wish to repay the instant loan before the payback date from the Bills Payment option on the menu

How to Apply for ALAT Quick Online Loan:
Login to ALAT or sign-up if you have not
From the menu items, click on ‘’Loans’’
Read through and understands the ALAT disclaimer

Upon successful credit evaluation and checks, a loan offer is presented with duration and applicable interest based on the user’s current risk score

Read through and accept the Terms & Conditions which will contain consent to having your account debited for repayment at loan due date and provide your debit card details to be debited.

Your account will be immediately credited.

To download the app on Google Play Store for android devices, CLICK HERE.

To download the app on Apple Store for iOS devices, CLICK HERE.

To read more about ALAT BY WEMA, CLICK HERE.

Original content creation costs money and time. Unauthorized use, copying and/or duplication of this content material without prior express and written permission to the publisher/owner is strictly prohibited and infringements shall be subjected to relevant copyright laws. Call Editor on 0915 382 1578.


Please follow and like us:

You May Also Like

About the Author: Femi Adeoya

Mr Femi Adeoya is a Chartered Forensic Accountant and a Certified Fraud Examiner. He has over 20 years professional work experience in accounting, finance and business management processes. As an Accounting Software Expert, he has implemented and supervised accounting solution set up of over 50 small and medium businesses in Nigeria. As a passionate blogger, Mr Adeoya is an ardent writer and communicationist. He is the CEO of QUICK LOAN ARENA (, the number 1 loan apps review website in Nigeria. He is very passionate about the quick and instant loan industry in Nigeria and has written over 200 reviews on different loan apps and digital banks in Nigeria, USA, Canada and UK.

Leave a Reply

Your email address will not be published.