Fairmoney MFB- Refer An Investing Customer And Earn 1% - Business - Nairaland
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| Fairmoney MFB- Refer An Investing Customer And Earn 1% by Nelouk(f): 12:10pm On Dec 29, 2021 |
Fairmoney MFB (MyCredit Investments) is a Digital consumer lender that provides financial services to Salary earners, Micro, Small and Medium scale enterprises in Nigeria in the form of working capital and consumer loans. The company has an MFB license issued by the CBN and Money Lender License issued by Lagos State Government. As of April 2021, the company has a total asset of over NGN13bn and currently has its total Liability of circa NGN9bn and equity of NGN4.6bn. Fairmoney's banking platform offers the following services: 1. Target Savings and Fixed Savings 2. Fixed deposit Investment Target Savings attracts an interest of 8% Fixed deposit Investment attracts up to 20% interest which can be paid upfront, monthly or at the end of the tenure A brokerage fee of 1% can also be earned on referrals
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