1
FairMoney
76.8/ 100
Instant loans, no paperwork.
4.480,000 App Store reviews✓ CBN record✓ FCCPC-approved
- instant loans
- no collateral
- salary loans
- BVN-only
Public safetyPersonal loans · Nigeria
Loan apps in Nigeria, 2026
A national ranking of personal-loan apps, checked against the FCCPC approved-lenders register and CBN regulator records, then analysed against real App Store reviews. Loan apps are chosen nationally, not by location, so this one list serves borrowers in Lagos, Kano and Port Harcourt equally.
By the Ranked editorial desk · Last updated 15 January 2026 · 4 lenders assessed
- Ranked
- 4
- FCCPC-approved
- 4
- CBN record
- 4
- Banned
- 45
vetted lenders
of 4 ranked here
regulator-verified
on FCCPC blacklist
The short answer
The highest-listed loan app in Nigeria right now is FairMoney (CBN record checked and FCCPC-approved), followed by Branch. Ranked ranks only lenders on the FCCPC approved or conditionally-approved register. The 45 banned apps are filtered out and never appear here.
How we ranked these
Every app is first checked against the FCCPC approved digital-lenders register and its CBN or state moneylender record. Apps on the FCCPC blacklist and apps without that record are filtered out before ranking and cannot appear here. Approved and conditionally-approved lenders are then ordered by an analysis of real App Store reviews (rating, review volume, and complaints such as harassment or hidden fees, repayment problems). No lender can pay for position; any affiliate link is labelled and does not change the order. Full methodology and sources are below; our organic place-ranking methodology (a different formula, for the rest of the directory) is documented at how we rank.
The ranking
- 2
Branch
76.2/ 100Fast, fair loans.
4.4100,000 App Store reviews✓ CBN record✓ FCCPC-approved- fast disbursement
- no collateral
- credit limit increase
- 3
Carbon
74.8/ 100Better banking. Better loans.
4.340,000 App Store reviews✓ CBN record✓ FCCPC-approved- personal loans
- investments
- debit card
- credit report
- 4
Renmoney
72.2/ 100Big loans for big plans.
4.125,000 App Store reviews✓ CBN record✓ FCCPC-approved- large loans
- long tenor
- salary loan
- SME loans
Compare at a glance
| # | App | FCCPC | Regulator | Rating | Score |
|---|---|---|---|---|---|
| 1 | FairMoney | Approved | CBN | 4.4★ | 77 |
| 2 | Branch | Approved | CBN | 4.4★ | 76 |
| 3 | Carbon | Approved | CBN | 4.3★ | 75 |
| 4 | Renmoney | Approved | CBN | 4.1★ | 72 |
Our methodology
- Regulator records (gate): must appear on the FCCPC approved or conditionally-approved register and have a CBN or state record. Blacklisted apps and apps without a record are filtered out before ranking.
- Review analysis: App Store rating × review volume, plus LLM sentiment analysis of review text.
- Transparency: clear terms, disclosed APR, and no contact-harvesting permissions.
- Unbuyable: position is the formula's output. No lender pays for rank; affiliate links are labelled and excluded from scoring.
Data sources & vetting
- FCCPC approved digital-lenders register and blacklist, as of 15 January 2026.
- CBN and state moneylender records.
- Apple App Store: ratings and review text (Google Play ratings shown on cards where available, not yet scored into the ranking).
- First-party Ranked review analysis (NGPT-assisted sentiment).
We do not scrape Google Maps. Every regulator claim traces to a dated record.
Frequently asked
Which loan app ranks highest in Nigeria?
The loan apps listed here appear on the FCCPC's approved digital-lenders register and have a CBN or state regulator record. Ranked includes only FCCPC-approved lenders. Apps on the FCCPC blacklist are excluded entirely. Never borrow from an app that is not on the FCCPC approved list.
Which loan apps are approved by the FCCPC?
As of January 2026, the FCCPC register lists 457 fully approved and 35 conditionally approved digital lenders out of 521 registered. It also records 45 apps banned for predatory practices. Every app on this page is checked against that register.
Can a lender pay to rank higher on Ranked?
No. Position on this page is the output of our methodology, which uses FCCPC and regulator records plus review analysis. No lender can pay for rank. Any sponsored or affiliate relationship is clearly labelled and never changes the order.
How do I check a loan app's regulator records?
Check that the lender appears on the FCCPC approved digital-lenders register and has a dated CBN or state moneylender record. Ranked shows each app's regulator and FCCPC status. If an app harasses contacts, harvests your phonebook, or charges triple-digit APRs, it is a red flag regardless of any regulator claim.
What should I do if a loan app is harassing me?
Stop engaging, document the messages, and report the app to the FCCPC. Predatory apps that harass borrowers or their contacts are exactly what the FCCPC blacklist exists to flag. See our full list of banned loan apps.
Last verified against the FCCPC register on 15 January 2026. Rankings recompute as new review data and regulator updates land.
Ranked is an independent directory operated by Ranked Technologies Ltd. We are not a lender and do not accept payment to change rankings. Spotted an error or want to dispute a listing? Email support@ranked.ng.