About Migo
Fast, Simple Credit for Nigerians Since 2017
Fast, simple credit. For the people and businesses that the old system wasn't designed to reach.
The Problem
The traditional credit system in Nigeria wasn't broken for everyone.
It worked fine for people with bank accounts, credit histories, and formal employment records. But for the millions of Nigerians outside that system (traders, small business owners, gig workers, everyday people managing money without a paper trail) the door was shut.
Not because they couldn't repay a loan. Because nobody had built the tools to assess them properly.
So we built those Tools.
Migo uses proprietary machine learning to evaluate creditworthiness based on real behavioural data not just what's in a credit bureau file. We deliver credit through the channels Nigerians actually use: USSD on any mobile phone, web apps on browsers, and embedded products inside the platforms our partners operate.
Over the past nine years, we've disbursed more than 8 million loans, served over 2 million borrowers, and extended more than ₦100 billion in credit. We work with banks, telcos, and fintechs who want to offer lending to their own customers and with individuals who just need access to funds when life demands it.
What Drives Us
You needed credit that actually works. We needed a reason to build it right. These are the beliefs that keep both of those things true.
01
Credit should be based on who you are not just where you bank.
03
We build for the feature phone, not just the smartphone.
02
We grow when our borrowers grow.
04
Speed matters when money is urgent.
The number behind the platform
2M+
Unique borrowers served
8M+
Loans disbursed since 2017
₦100B+
in credit extended
$37.2M
Raised from institutional investors
9+ years
Of lending in Nigeria
Trusted by leading businesses across Nigeria
.svg)
