Founded with a focus on emerging markets, Renmoney MFB Limited is a consumer finance organization with expertise in the provision of simple money solutions.
We are Nigeria’s most convenient lending company - delivering outstanding service experiences.
Every day, we strive to understand our customers and leverage technology, data and inovation to deliver outstanding service experiences.
Renmoney (formerly RenCredit) started operations in 2012 under a unit Microfinance Banking License in Ikoyi, Lagos. In December 2013, RenCredit MFB Limited was re-banded to Renmoney MFB Limited – the name by which we are known today. It then upgraded to a state license to operate multiple locations in Lagos State. This led to the opening of five additional branches – Ikeja, Surulere, Lagos Island, Apapa and Ikota.
Renmoney operates under a microfinance bank (MFB) licence, the closest to a consumer finance banking licence available in Nigeria. The company is committed to provision of simple money solutions and currently has a staff base of over 400 employees and a customer base of over 25,000 customers and counting.