OPay – Loan details
OPay micro-loans up to ₦50,000 through the OPay app.
Loan amount
₦3K – ₦50K
Interest from
36.50%
Term
3 – 12 months
Approval
5 minutes
Pros
- ✓ Fast 5-minute disbursement
- ✓ Large user base
- ✓ Integrated with OPay ecosystem
Cons
- ✗ High 36.5% annual rate
- ✗ Low maximum ₦50K
- ✗ OPay account required
Requirements
- OPay account
- Nigerian citizen
- BVN
- Smartphone
Company information
OPay Digital Services Limited
Lagos, Nigeria
https://www.opay.ng
This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.com.ng is an independent comparison portal operated by double technology s.r.o., Czech Republic.