We Have a Professional Team and Service System

We continuously innovate, leveraging technology to drive the development of financial services and provide a more convenient and efficient loan experience.

Walking with You

About RENMONEY MICROFINANCE BANK LIMITED

RENMONEY MICROFINANCE BANK LIMITED ("RENMONEY") is a forward-thinking financial institution dedicated to empowering individuals and MSMEs across Nigeria through innovative and accessible financial solutions. We are a fully licensed institution, registered under Nigerian law (registration number: RC-1031927), with a commitment to helping Nigerian citizens achieve financial independence and support sustainable development.

Trust Built on Compliance

In 2024, RENMONEY proudly received full approval from the Federal Competition and Consumer Protection Commission (FCCPC). This prestigious certification underscores our commitment to transparency, consumer protection, and regulatory compliance. By adhering to the regulatory standards set by the FCCPC, we ensure that our customers enjoy a secure, legal, and trustworthy online loan service experience.

Accessible Digital Solutions

At RENMONEY, we leverage technology to simplify the complexities of traditional financial services. Our digital platform allows customers to apply for loans anytime, anywhere, through both mobile and web applications. With fast approvals, flexible loan amounts, and transparent rates, we offer a seamless one-stop financial experience. Our intelligent risk assessment system, powered by big data and AI, ensures accurate credit evaluations while safeguarding user privacy, delivering personalized microfinance solutions to each customer.

Customer first, paying attention to every detail

From application to repayment, we always care about your experience. Customer first is our unchanging service philosophy.

Questions? Look Here
1. What is RENMONEY?
RENMONEY is the digital financial services platform of RENMONEY MICROFINANCE BANK LIMITED, dedicated to offering simple and transparent microfinance solutions to Nigerian citizens. As a licensed financial institution, we are fully registered in Nigeria and accredited by the Federal Competition and Consumer Protection Commission (FCCPC), with a strong focus on promoting financial inclusion.
2. Is RENMONEY regulated by the government?
Yes, RENMONEY operates in full compliance with the Interim Regulatory Framework for Digital Lending. We ensure that our operations are legal, transparent, and meet high consumer protection standards.
3. What services does RENMONEY offer?
We provide accessible microfinance services to individuals via our online platform. Our loans are flexible, approvals are quick, and our terms are transparent, offering a seamless and easy borrowing experience.
4. How do I apply for a loan? What are the requirements?
- Requirements: You must be a Nigerian citizen, at least 18 years old, with valid identification and a steady income.
- Application process: Simply visit our official website or use our mobile app to fill out the application, provide your basic information, and upload the necessary documents. The system will evaluate your details and provide approval feedback in real-time.
5. How long does it take to approve a loan? How is the money disbursed?
Loan approval typically takes less than 24 hours. Once approved, the funds are transferred directly to your designated bank account. The exact time of receipt depends on the processing times of your partner bank.
6. How does RENMONEY ensure my privacy?
We prioritize your privacy and comply with the Data Protection Act. Your data is transmitted using bank-grade encryption technology to ensure its security. We use your personal information only for risk assessment and to provide services, and we will never share it with third parties without your consent. For more details, please refer to our Privacy Policy.
7. Are loan rates and fees transparent?
Absolutely. All loan rates, service charges, and repayment terms are clearly outlined in your loan agreement. You will have the opportunity to review and confirm all terms before proceeding with your application.
8. How do I repay my loan?
Please refer to the product details on our website or app for specific repayment instructions.
9. What happens if I miss a repayment?
Late repayments will incur late fees and could negatively impact your credit history. We recommend reaching out to our customer support team in advance to discuss possible solutions if you foresee any delays.
10. How can I contact RENMONEY?
- Email: ren_service@renmoney.live
Head Office

ren_service@renmoney.live

© 2024 RENMONEY MICROFINANCE BANK LIMITED All rights reserved.