Renmoney is a financial technology company founded in 2012, operating a digital lending and banking platform for individuals and small businesses in Nigeria. The firm leverages technology and alternative data sources to extend credit and financial services to the under-banked population. Its core technical domains include data analytics, statistical modeling, and the development of mobile and web platforms.
The company's primary products are a digital lending platform, which has issued over ₦132 billion in loans, and a digital banking platform offering savings accounts, payment solutions, and investment products. The team comprises over 500 professionals working in a remote or hybrid model from Lagos.
Renmoney's stated mission is to build simple, useful, and inclusive financial products. The company's work focuses on applying statistical models to both traditional and alternative data to drive its lending decisions and broaden financial access.
