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10 Best Instant Cash Apps in Nigeria

Sometimes you might get stuck and need cash, but you don’t have it in your bank account. You might need it urgently, but nobody can help you out. Here are 10 of the best instant cash advance apps in Nigeria.

The apps below let you borrow cash, and sometimes the fees when paying back are lower. Some apps have strict policies and might send text messages to your contacts. You also need to know that their margin is lower than what the bank will charge for a loan.

These are the 10 best Instant Cash Advance Apps in Nigeria                       

1. Fair Money

The Fair Money app has over 10 million downloads on the Google Play store alone. It is one of the best loan apps in Nigeria. You can get a fast loan in less than 5 minutes with no documents required. The amount of money you can get varies depending on your smartphone data and how quickly you repay loans. Interest rate range from 1% to 30%, depending on the amount you are asking for. You can also borrow between N1500 to N1,000,000 instantly with no collateral.

2. Branch

Branch is one of the best instant cash advance apps in Nigeria. It is also one of the most downloaded apps on the play store, with over 10 million downloads. Using data from your smartphone, the app determines your loan eligibility and personalizes a loan. Interest rate range from 3% up to 23% depending on the total amount you want. Depending on your repayment history, you can get 2,000 – 500,000 in less than an hour. Their repayment plans usually take 62 days and 1 year, depending on how much you take from them.

3. Palm Credit

Palm credit has become popular in Nigeria because it’s associated with Palm Pay. You can get a loan of up to 500,000 in less than 5 minutes from the app. They make it easy for you to get access to the loan, but they have a high-interest rate of 24% to 56%, which people barely notice before they take the loans. If you choose a long repayment plan you might even end up paying higher. The app is fast to issue out loans but make sure the repayment plan will favor you.

4. Okash

Okash is another excellent instant cash app in Nigeria with a robust user base. It takes a few minutes to get a loan from the platform, and it is managed by a Microfinance Bank. They have a strong customer support team that is always available 24/7, and it takes a few minutes to get instant cash with the right documentation. You can get between 3000 – 500, 000 in a few minutes using the loan app.

5. Carbon

Carbon provides different financial services; you can take personal or business loans from the app. It has a user-friendly interface, and it’s easy to use. You can even do some investments within the app if you want. It takes less than five minutes to get instant cash from the Carbon app. They have an interest rate that ranges from 2% to 30% depending on the loan repayment period.

6. EaseMoni

EaseMoni is one of the best instant cash apps in Nigeria. You can get 3000 to 1,000,000 naira with just a few clicks. If your documentation is right, you get the loan instantly. They mostly have a repayment plan of around 91 days to a year, and the interest rate will be based on that. The app is simple, with over 1 million downloads on the Play Store. Their interest rate is mostly low compared to other instant cash apps in Nigeria.

7. NewCredit

New Credit is another excellent loan app in Nigeria, with over a million downloads on the Google Play Store. The app uses AI to analyze customers’ financial records and bank transaction SMS on their phones to score their creditworthiness. You can get from 10,000 to 300,000 thousand naira, and payment is between 91 and 365 days. They have an interest rate of around 4% monthly, making it reasonably fair.

8. Aella Credit

You can get quick cash from Aella Credit with ease and in less than five minutes. All you need to do is get your documentation right and apply for the loan. You can get up to 1.5 million naira loans using the app, which is one reason why it is among the best instant cash apps in Nigeria. The most critical information the app needs is your BVN, and you can get your loan. It has been downloaded over 1 million times on Android and is also available on iPhone. Their interest rate range from 2% to 20%, depending on your repayment plans.

9. Umba

Umba is another top loan app used by Nigerians, and it has been downloaded more than a million times. You can borrow 2000 or 30,000 in less than two minutes with the app. The repayment interest is not more than 10% most of the time. It is one of the fastest loan apps in Nigeria and doesn’t require much information from you while loaning you money. The only downside is that it doesn’t give out a lot of money to users it is mostly below 30,000 Naira.

10. Quick Check

Quick Check uses AI to go through your phone and determine the total loan amount you can get. The process takes around 4 minutes, and you can get instant cash. It is one of Nigeria’s best instant cash apps, and you can borrow 1500 naira to 500,000 naira. Their repayment plan range between 91 days and 1 year with a 2% to 30% interest rate, depending on the plan you choose.


There you go, the list of best instant cash apps in Nigeria. If you have any questions, kindly ask them in the comment section below. You can get a loan of up to 1.5 million naira using some of the apps listed above.

Note: The Apps listed here are known to use bullying and harassment when their users refuse to pay their loans early. They can call you or even call and text the contacts on your list. Once you register, you surrender your contact list and your entire data. Make sure you repay any loan you take or you will face the consequences.

Tech Blogger and Video Producer. Passionate about smartphones and other consumer technology. If I'm not writing or editing a video I'm out there enjoying soccer with friends.