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PennyLender – Company Information & Legitimacy Check

Who is behind PennyLender, who owns it, and how to verify the lender is safe before you borrow in Nigeria.

Pennylender Limited is a registered financial institution in Nigeria, providing accessible credit solutions to individuals and businesses since its founding. Operating from Lagos, the company serves customers across all Nigerian states through its digital platform.

Is PennyLender legit and safe?

PennyLender is operated by Pennylender Limited, registered at 6th Floor, 294 Herbert Macaulay Way, Sabo Yaba 100001, Lagos. As a digital lender it typically operates under a Central Bank of Nigeria (CBN) approval or in partnership with a licensed microfinance bank, and is expected to appear on the FCCPC digital-lenders register. Before applying, always confirm the lender on the official CBN and FCCPC lists and apply only through the official website www.pennylender.com to avoid loan-app scams and clones.

Who owns PennyLender?

PennyLender is owned and operated by Pennylender Limited. You can review the full loan terms, interest rates and reviews on the PennyLender loan page.

Company information

BrandPennyLender
Operated byPennylender Limited
Address6th Floor, 294 Herbert Macaulay Way, Sabo Yaba 100001, Lagos
Loan amount₦10K – ₦5.0M
Interest from4.00% / month
Official websitehttps://www.pennylender.com

FAQs about Pennylender Limited

PennyLender is operated by Pennylender Limited, registered at 6th Floor, 294 Herbert Macaulay Way, Sabo Yaba 100001, Lagos. Before borrowing, confirm the lender on the Central Bank of Nigeria (CBN) approved list and the FCCPC digital-lenders register, and only apply through the official website https://www.pennylender.com.
PennyLender is owned and operated by Pennylender Limited.
PennyLender is a digital lending service operated by Pennylender Limited, not a traditional bank. Fintech lenders like this usually disburse loans in partnership with a licensed microfinance bank or under a CBN/FCCPC lending approval.
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