Personal Loans Business Investment Opportunity in Lagos, Nigeria
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | USD 770 thousand |
Run Rate Sales | USD 1.23 million |
EBITDA Margin | 10 % |
Industries | Personal Loans + 1 more |
Locations | Lagos |
Local Time | 10:48 AM America / Chicago |
Listed By | Business Owner / Director |
Status | Active |
- Boasting 8,000 active daily users, the platform currently generates NGN 160 million monthly, translating to NGN 2 billion annually.
- Demonstrating robust growth with a year-on-year expansion rate of 100%, the business has achieved this momentum purely through organic growth channels.
- Operates with a streamlined team of 12 employees, highlighting efficient operational practices within the organization.
- The platform represents a growing segment in the fintech industry, tapping into the increasing demand for automated financial solutions.
- Positioned in a high-potential market, the company leverages Nigeria's large and youthful population base with increasing internet penetration.
- Potential for scaling remains significant given the current growth trajectory and the absence of aggressive marketing strategies.
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Earlier than 15 daysFounder And MD, Apparel Manufacturer, Ahmedabad, Individual Investor / Buyer connected with the Business