RenMoney is a licensed Nigerian microfinance bank offering personal and business loans up to N6 million, savings products, and bill payment services. It emphasises simplicity and accessibility for low-to-middle income earners.
History and Background
RenMoney was founded in 2012, making it 14 years old as of 2026. The company is headquartered in Lagos, Nigeria, Nigeria.
Since its launch, RenMoney has established itself as a significant player in the Nigeria fintech ecosystem. Operating as a lending platform, savings platform, the company has built its reputation by providing accessible and reliable digital financial services to its growing user base. The platform continues to evolve its product offerings in response to the rapidly changing fintech landscape and increasing consumer demand for digital-first financial solutions.
Products and Services
As a lending platform, savings platform, RenMoney offers a range of digital financial products and services designed to meet the everyday needs of its users. The platform leverages modern technology to deliver a seamless experience across mobile devices, making financial management more convenient and accessible.
Key services offered by RenMoney include:
- Instant personal loans with quick approval and disbursement
- Flexible repayment terms tailored to borrower capacity
- Credit scoring using alternative data for inclusive lending
- Automated savings plans with customisable schedules
- Goal-based savings for specific financial targets
- Fixed savings with competitive interest rates
Regulation and Safety
RenMoney is a licensed and regulated financial technology company, authorised by CBN (MFB Licence). This means it operates under strict regulatory oversight, giving users an additional layer of protection and confidence when using its services.
Users are encouraged to verify the current regulatory status of RenMoney and any fintech platform before committing funds. You can use our Safety Checker tool to get an instant safety assessment of RenMoney, which analyses licence status, user ratings, complaint history, and service availability.
How to Contact RenMoney Customer Support
RenMoney provides multiple customer support channels to assist users with account-related issues, transaction queries, and general enquiries. Having reliable customer support is essential for any financial services provider, and RenMoney has invested in making support accessible through several channels.
- Phone: You can call RenMoney customer care on 0700 736 6639
- Email: Send your enquiries or complaints to info@renmoney.com
- In-App Support: Most issues can be resolved through the RenMoney app’s built-in help centre or live chat feature
- Social Media: Reach out via X (Twitter) at @myRenMoney
Final Thoughts
RenMoney continues to play an important role in the Nigeria fintech landscape. Whether you are looking for reliable digital financial services, need help resolving an issue with your account, or want to learn more about what the platform offers, this profile page is designed to give you all the essential information in one place. For the latest updates, always refer to the official RenMoney website and app.
If you have used RenMoney, consider leaving a review below to help other users make informed decisions. You can also file a complaint through our Complaint Tracker if you have experienced any issues that need resolution.