20 Best Loan Apps for iPhone in Nigeria 2022

Nigeria was no exception to this recent pandemic, which after the outbreak began was accompanied by the stagnant and depreciating economy of the country, which led to many people borrowing money from sources they could find to help them get back on their feet as regards financial stability, but the question is, where and which platform could give a loan to anyone or a business firm?

Having spent our time researching and making studies, we have compiled a list of the 20 best loan apps for iPhone users in Nigeria.

These apps are mostly from financial institutions that have seen the need to help raise others by lending them money for their businesses, firms, or even needs as they are charged to pay back later on.

You’re at the right place if you are looking for a complete list of best loan apps for iPhone in Nigeria.

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20 Best Loan Apps For iPhone In Nigeria 2022

1. Carbon

Carbon formally called PayLater is the first on the list of best loan apps in Nigeria.

Carbon started as one of the first loan apps for iPhone in Nigeria but it has now grown into a digital wallet. You can get instant fast and reliable short-term loans fon this app 24/7.

It is a simple, entirely online lending platform that provides short-term loans to help cover unexpected expenses or urgent cash needs.

With just an iPhone device and basic requirements, you can apply for a Paylater loan 24 hours a day, 7 days a week with a quick application process that lets you know your status within minutes.

Carbon app currently offers two loan packages:

  • Pay later (loans available to all) and Pay later plus (loans for salary earners).
  • Pay later platform also allows you to make payments for recharge cards, bills including your NEPA bill, and other services.

Like any instant online loan, you do not need any sort of documentation or collateral to apply and get approved, except an android phone to download and use the app, and a means of identification. With these, you are set to go.

2. Fair Money

Due to their excellent service, the Fair Money app is ranked second among the top best loan apps in Nigeria.

To complete a quick and simple application process, simply download the app from the Google Play Store, receive your funds (without collateral), and payback within 15 days or one month.

You should be aware that there will be certain terms and restrictions associated to the loan, so make sure you read them before applying.

Fair Money’s app, in addition to providing loans, also allows users to recharge their phones and pay their expenses.

3. Aella

Aella offers quick and instant online loans in 5 minutes. Aella is one of the most transparent loan companies in Nigeria. You can get as much as N1m loan from Aella.

Best loan apps

4. Blocka Cash

Blocka Cash provides easy and hassle-free loans in Nigeria. Blocka cash is both available on Android app store and Apple app store. You can access short-term loans on Blocka from at least N5,000 and up to N50,000 depending on your credit score.

The requirements for a Blocka cash loan include:

  • You must be at least 21 years of age.
  • You might need to provide a valid Government ID

5. So Kash

So Kash claims to offer household and business loans in Nigeria. You can get up to N1million Naira in 2hrs from SoKash. This loan app claims to have no hidden fees.

This loan app determines if you’re eligible for a loan using a credit bureau. If you have a good credit score, it improves your chances of getting your loan approved from SoKash.

6. YesCredit

YesCredit is one of the loan apps for iPhone in Nigeria that offers a low loan amount.

Their loans range from N5,000 to N50,000. To access a YesCredit loan can take only a few minutes and you can receive it into your wallet and transfer it into your bank account immediately.

You increase your loan limit every time you repay your YesCredit loan back.

7. Irorun

Irorun is one of the new loan apps for iPhones in Nigeria. You can sign up on the Irorun app and request a loan and have it disbursed to you in a matter of minutes.

If you want to access mobile loans in Nigeria with peace of mind, Irorun says they should be your choice. Irorun is more of a micro-credit platform. Basically, they’re focused on small loans.

8. Page Financial

Page financials is a financial company licensed by the CBN that offers personal loans in Nigeria.

The company claims that getting a loan from them is smooth and easy and that they use a flexible documentation process.

9. QuickBucks

QuickBucks is one of the loan apps for iPhone in Nigeria that is a product of a bank (Access Bank) that offers loans to both customers and non-customers of Access Bank.

QuickBucks, offers payday loans, salary advance, small ticket personal loans, device financing, vehicle finance and mortgage. Quickbucks allows you to sign in to the app with either your email address, phone number, fingerprint and of course your password.

Because Quickbucks offers different types of loans, these loans carry different interest rates with them. You’ll have to sign into the Quick bucks app to see if they offer friendly interest rates.

10. Kiakia

Kiakia is a peer-to-peer lending investment platform in Nigeria. It is one of the few P2P loan apps for iPhones in Nigeria. They also allow you to invest in loans where you can earn between 12% -40% (Quarterly, Bi-annual and Per annum).

You can get secured personal and business loans from KiaKia if you have an iPhone.

Best loan apps

11. Nodcredit

NodCredit quick loans to employed, self-employed, business persons and corporates. First-time borrowers on this loan app for iPhone in Nigeria for N10,000 to N50,000. While returning customers can access up to 300,000 on the Nodcredit.

12. CredPal

CredPal offers funded credit cards in Nigeria that allow you to easily pay for your needs anytime. You can use a Credpal credit card to make both online and offline transactions. With a CredPal credit card, you no longer have to wait for payday to get the things that matter.

A credit card is great for when we dont have funds at our disposal and we need to make impromptu purchases. With a credit card in your wallet, you dont have to worry about being stranded anywhere.

When you sign up to Credpal and have and have provided all the necessary details. You have to wait a while for a credit limit and loan limit approval.

Once you have been offered a credit limit, you can now go ahead and request a credit card on the Credpal app. Credpal will deliver the card to you and can activate it and start spending.

Credpal offers reward points and cashback from 1% to 15% for every purchase you make with your credit card.

13. P2Vest

P2Vest is another one of the peer to peer loan apps for iPhone in Nigeria. enables borrowers to obtain loans directly from lenders, reducing the cumbersome process of traditional lending.

Using P2Vest you can easily signup with valid credentials and request a loan. Based on your credit score and past loan performance P2vest will grant you a corresponding loan amount.

14. Hometown

Hometown is one of the new loan apps for iPhone in Nigeria that provides instant loans to people. The Hometown app also allows its users to save, invest, share and spend.

Hometown app offers an initial maximum loan offer of ₦5,000 for every first customer is fixed at ₦5,000. Upon repayment of the initial first loan, you’ll get an automatic 100% increase in their immediate next loan. This allows

Hometown app users build their creditworthiness as they repay their loans.

The Hometown App is a product of Hometown Fintech Limited, a registered financial services company with the CAC.

15. Palm Credit

One of the best loan apps available for iPhone users, we have the palm credit loan app. This app appears to be very easy-to-use app that provides users with quick loan within the range of #2,000 to #100, 000.

However, the loan platform has been made limited to individuals of 18 years and above. With these few steps below, you stand a chance of getting a loan from the app. Head over to your iOS store, search for the palm credit app, download, and install. Launch the app and you have the option of signing in or registering with your phone number or Facebook account. Proceed to fill in your correct details and you will be done within minutes, then you can now apply for the loan.

Another quick way to make money without having to apply for a loan on palm credit loan app is by referring your friends and family to download the app using your referral link and you will be rewarded, it is indeed one of the best money lending platforms in Nigeria.

16. Branch

Coming right up next on our list of best loan apps in Nigeria, we have the widely used Branch App. Branch also provides you easy access to loans which can be granted within 20 minutes or less, all you need to do is head over to playstore to download the app, sign in, fill in your correct details, and in a matter of minutes, you could be granted a loan within the range of #1,000 and #200, 000, but most people have reportedly stated that you have to accept the #1, 000 loan then repay to get a higher limit from the platform.

16. Kwikmoney

Another fast and reliable quick loan platform for you is the Migo App popularly known as Kwikmoney. Well as the name implies, you get everything done quite fast on the platform, all you need is your smartphone and SIM registered to your personal or business bank account.

17. ALAT

On the top loan apps in Nigeria we have ALAT. Here we have a financial institute-based loan platform that offers you quick services such as goal-based loans and device-lending offers which grant you access to receive loans towards getting a preferred gadget or hitting a specific goal. All you need to do is open an account with them via alat.ng and you will be good to go.

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18. Credit Ville

Credit Ville happens to be an online loan platform that has to do with consumer’s payroll eligibility through their individual employers of which any amount borrowed is later deducted from the individual salary. This platform provides emergency loans into your account as fast as possible after certain requirements have been met.

19. Lidya

This platform gives emerging enterprises the opportunity to access loans above #150, 000 with an interest rate as low as 3.5% per month. This platform can be accessed directly from your mobile phones via their website or you can just download the mobile app. However, to get loans from Lydia, you would be required to add your bank statements as a firm or upload their transaction history to be considered for a loan, meanwhile, it takes up to 24 hours to process your data and if you appear to have a good credit score, then you would be eligible for a loan.

20. Okash

Coming last but definitely not the least on our list of top best loan apps in Nigeria is a loan platform which appears to be a subsidiary of the popular OPay app. Apparently, Okash has been a great and reliable platform when it comes to loans as it provides access to loan amount of up to #50,000 with absolutely no collateral. All you need to do is provide your details and you might be considered for a loan if you do have a good credit score.

Best loan apps


You can now apply for a reliable online loan, and as mentioned, you should ensure that you always repay your borrowed loan on time so that your credit score can increase and that your loan limit will increase.

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