FairMoney Microfinance Bank Lends N150 Billion to Nigerians in 2025, Focuses on Financial Inclusion
FairMoney Microfinance Bank disclosed lending N150 billion to Nigerians in 2025, emphasizing financial inclusion and technological advancement. The bank leveraged AI and machine learning to provide fast, collateral-free loans, aligning with the Central Bank of Nigeria's vision for a cashless financial system.
FairMoney introduced FlexiCredit, offering up to N5 million to professionals with simplified borrowing processes. The bank aims to support economic growth and resilience in 2026 by expanding its services as a fully licensed microfinance bank.
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