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Zedvance’s MoneyPal to provide loans to non-salary earners


PHOTO: Zedvance

In a bid to serve its customers better and deepen its digital drive, consumer finance firm, Zedvance, has launched a mobile lending app, MoneyPal.

Chief Operating Officer, Zedvance Limited, Mr. Jerry Osagie, while announcing the launch, said, “Our investment in digitising our business has allowed us to anticipate and meet our customer needs in increasingly efficient ways. This has also allowed us to disburse loans to customers round-the-clock in a few minutes, ensuring that we are always there for them.”

The channel is part of the company’s #Madeforyou campaign designed to reiterate its readiness to cater to customer’s instant loan needs.


According to Osagie, “with the app, subscribers can request for Nano loans – typically low-ticket loans, which are payable within a short time; or salary-based loans – of up to N5million and at tenures of up to 24 months at amazing interest rates.”

Since its launch in 2015, the company has provided loans to salary earners in the public and private sectors.

With MoneyPal app, however, the company will now be able to cater to the lending needs of non-salary earners as it seeks to deepen its financial inclusion strategy across the country.

“Our aim is to be a true partner for success enhancing the lifestyle of every Nigerian by providing access to credit through different offline and online channels, hence the launch of the #MadeForYou Campaign. Each of our application channelts ecially made for our customers’ convenience,” concluded Osagie.

The app is available for download on the Google Play Store for Android devices and will soon be launched on the Apple Store for iOS users.

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