Top 5 Platforms to Get a Quick Loan in Nigeria Without a Collateral

If you have been looking for platforms to get quick loans to solve urgent financial needs, then this article will really help you. There are many platforms out there that you can get quick loans to take care of your financial needs.

There are platforms or organizations out there that promise instant loan but sometimes the requirements are so high that it discourages so many loan seekers. Besides that, many loan providers are not real.

I have taken time to scrutinize a lot of them and will be listing those that are real. Some of them I have tested them and will like to share them with you.

Below are the platforms that you can get quick/instant loans

  1. Carbon (formerly Paylater)

Carbon (formerly Paylater) is a simple mobile online lending platform that provides short-term loans to help cover unexpected expenses or urgent cash needs. The platform is available on Google Playstore. The website is and if you are browsing from your mobile android phone, click here to download Paylater from Google Playstore.

I have used paylater and they are real and working perfectly.

With Paylater, you will get an instant loan without having to wait. Very useful when you are stranded and in need of a loan for an urgent need.

2. Aella Credit

After quick loan platform that I have tested and got a loan is Aella Credit. Aella Credit provides Instant loans to Africans who can prove a source of Income either through their employers or individually. I got a loan of N7,500 from them. Their website is You can use this promo code: 184548 to signup as a first timer.

3. Branch

Branch is a for-profit socially conscious company based in San Francisco, Nairobi, Lagos and Mumbai. We use technology to dramatically reduce the cost of delivering financial services in emerging markets. Their first product is credit. Branch is like a bank in your pocket, there for you at all times.

unlike other quick loan platforms, Branch focuses more on small business owners and the repayment is every week. For example if they disbursed a loan of N10,000, they will divide that amount together with interest into 4. That means every week you have to pay and complete it within four weeks.

For the purpose of writing this article, I tried them and they paid.

You can Earn ₦ 1500 and get a fast, affordable loan with Branch!

The three aforementioned platforms are the quick loan platforms that I have tried personally and I was able to get instant loans with my android phone.

Other platforms that you can get loans are:

4. Lidya

Lidya mainly focused on business. Lidya is a platform for small & medium business lending in emerging markets. A financial services platform to improve access to credit and finance across frontier and emerging markets starting with Nigeria. Launched in November 2016, with a mission to close that yawning credit gap, both in Nigeria and across emerging markets where there is a $2.6 Trillion SME credit gap worldwide.

They finance your invoice, equipment many other areas and you will get a loan within 48hrs if you apply and got approved.

Want to learn more how they work, kindly visit

5. QuickCheck

QuickCheck is a Nigerian Fintech Startup that aims to provide banking services to the underserved. Built by people who work towards solving real-world problems, we found out that a large portion of the Nigerian population has no access to proper banking services… We want to fill this gap!

From my findings, they are paying but usually 24hrs or more. You can check them out here:

6. FairMoney Loan App

Among all the app I have reviewed, Fairmoney is the worst app. Their app sucked and the review from users isn’t helping them. I have heard some people who are lucky to get a loan from them. They just need to hire good developers to help finetune their app. You can check them out here –

Do you know and use any other instant loan platform that you think will be very useful but not listed here? you can drop a comment below and we will verify it and list it here.


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