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Paylater mobile app hits 1m downloads

Paylater mobile app hits 1m downloads

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Paylater, the mobile app,, which provides access to credit, said it has reached one million downloads.

The financial technology (FinTech) company has been issuing loans to Nigerians  digitally.

The aim is to provide the much-needed liquidity for entrepreneurial investment, personal development, or unexpected expenses.

With over 800,000 registered users across every state, Paylater has loaned over $17 million to Nigerians this year.

The technology platform has supplemented that loan growth with very strong early adoption of its bill payments and investments features as well.

Paylater Co-founder and CEO, Chijioke Dozie, said: “We are very excited by the market adoption of Paylater and we believe there is still a significant growth opportunity ahead for digital financial services.”

 

The post Paylater mobile app hits 1m downloads appeared first on The Nation Nigeria.

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