Renmoney is one of Nigeria's most trusted loan apps, serving over 3 million customers for more than 14 years. Borrow, save, and grow your money — all in one secure app, regulated by the CBN and insured by the NDIC.
Whether you need a quick loan to handle an emergency or a high-yield way to grow your savings, Renmoney makes finance simple. Get an instant cash loan of up to ₦10,000,000 with no collateral, or earn competitive interest on your savings — all with just a few taps.
What you can do with Renmoney:
- Get a personal loan with fast, online loan approval
- Earn competitive interest on flexible and fixed savings
- Pay bills and buy airtime instantly
- Make unlimited transfers
- Track and access your money anytime
Loans and credit:
Renmoney gives you access to instant loans designed for everyday needs. Apply directly in the app, see your full repayment terms before you commit, and borrow with confidence.
- Loan amounts up to ₦10,000,000 (subject to eligibility)
- Fast approval — apply in minutes
- Instant disbursement straight to your bank account
- No collateral, paperwork, or guarantor required
- No hidden charges — you always see your terms upfront
- Pay on time to unlock lower rates and longer terms on your next loan
Loan amounts range from ₦5,000 to ₦10,000,000, with repayment periods from 91 days to 12 months and monthly interest rates from 2.12% to 2.65%.
Representative example: ₦2,000,000 borrowed for 12 months. Monthly interest rate: 2.49%. Total payable: ₦2,338,275. APR: 29.88%. 1% management fee. Minimum APR: 25.44%, maximum APR: 31.8%.
Savings and deposits:
Grow your money with savings products built around your goals:
- Renflex (Flexible Savings): Save daily, weekly, or monthly with autosave. Earn interest daily and withdraw your money at any time.
- Renvault (Fixed Savings): Lock your funds for a set period and earn high returns of up to 22% per annum.
- Smartgoal (Goal-Based Savings): Plan and save toward specific targets with the autosave feature
Track everything, earn competitive rates on savings and fixed deposits, and access your money whenever you need it — all on the Renmoney app.
Security and regulation:
The Renmoney app is built to the highest standards of security and privacy to keep your data and funds safe. We operate with a microfinance banking licence, regulated by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC). We will never share your information with third parties without your consent. https://ndic.gov.ng/list-of-insured-institutions/list-of-microfinance-banks/
Contact us
- Office: Head Office, 23 Awolowo Road, Ikoyi, Lagos, Nigeria
- Phone: 0700 500 0500
- Email: app@renmoney.com
- Raise a help ticket within the app
- Visit: renmoney.com
- LinkedIn: https://www.linkedin.com/company/renmoneyng/
- Twitter: https://twitter.com/Renmoney
- Facebook: https://web.facebook.com/renmoney
- Instagram: https://www.instagram.com/renmoneyng/
Privacy policy: https://renmoney.com/privacy-policy/
I’ve had the app for a very long time but I keep deleting and reinstalling because I no really rate the app then, but now, I just thought of trying, and it ended up being the best I’ve ever tried. Please keep up the goodness, Renmoney, thanks.
Developer Response
Thank you so much for giving us another chance! We’re really glad to hear that your experience with Renmoney has improved and that you’re loving the app now. Your recommendation means a lot to us. 💚
IMPRESSIVE 👏🏽
Bastardized nigga
Renmoney is a reliable loan app with a simple and user-friendly platform. The loan application process is straightforward, and I like how easy it is to apply and manage repayments directly from the app.The approval and disbursement process was smooth for me, and their customer service was also helpful when I needed assistance. The repayment options are clear, and the app is easy to navigate.Overall, Renmoney is a good option for anyone looking for a convenient and accessible loan service. I would recommend it to people who need quick financial assistance and can comfortably meet the repayment terms.
Developer Response
Thank you so much for taking the time to share such detailed feedback! 💙 We’re glad you found the Renmoney app simple and user-friendly, and that the application, disbursement, and repayment processes were smooth for you. We’re also happy our customer service team could assist when needed. Your trust and recommendation mean a lot to us!
Very high interest loans
orews
Once you pay into their Gtb account as alternative, if the money has problems, you will repay them because their staffs will just be calling you instead of fixing their side of the problem. Making you paying extra outside the agreed payment, everyone of them kept promising me it would get fixed. I think it’s a trap to collect more money from the public aside the high interest rates
Developer Response
Hi, We appreciate your feedback and are sorry for your experience; please reach out via our email app@renmoney.com to share more details so we can assist you.
I don’t want to be faster than my shadow. But guys I think I’ve found that one good app.
Favour Obido
I don’t want to be faster than my shadow. But guys I think I’ve found that one good app. Although it was just 10k I was eligible for. But the loan term is wonderful with reasonable interest… I’m not just satisfied. I’m happy
Developer Response
Appreciate it! we’re happy it’s giving you a good experience.
We’re pumped to bring you a fresh, sleek, and beautifully upgraded
Renmoney Bank App! Built to be faster, smarter, and way more convenient,
the latest app version is your one-stop destination for everything
money—now with a look and feel as bold as you are.
Version 4.3.184
The developer, renmoney.com, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
Location
Data Linked to You
The following data may be collected and linked to your identity:
Purchases
Financial Info
Location
Contact Info
Contacts
User Content
Identifiers
Sensitive Info
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
Usage Data
Diagnostics
Privacy practices may vary based, for example, on the features you use or your age. Learn More
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More