QuickCheck is a Nigerian Fintech company founded in 2017 with a vision of enabling financial inclusion for micro-entrepreneurs and consumers in Nigeria.

To achieve this goal, the Company provides loans through its digital platform to underserved Nigerian consumers and micro businesses through a mobile application and hassle free lending process which does not require lengthy application forms or any paper documentation. 

It currently offers loans with a maturity between 30-360 days and the average value of NGN30,000 NGN1,000,000 ($70 - $2400). QuickCheck constantly develops and invests in its operational capacity, loyalty building customer experience and cutting edge technology.

QuickCheck recently concluded its Series A fundraise which was oversubscribed by 127%, led by Channel VAS and Knuru. With the successful conclusion of the capital raise of $4.9 million, QuickCheck seeks to reinforce its presence in the lending space as the entrepreneurs’ favorite banking experience focused on productive credit and ancillary services that enable customers to grow.

QuickCheck can extend the duration of a loan by paying interest, as per loan schedule. A maximum of one extension is allowed, 30 days in total.

Loan originator Country Buyback obligation Group guarantee Loans listed at Lendermarket* Skin in the game Operating since Average interest rate at Lendermarket

Buyback obligation Yes
Group guaranteeNo
Loans listed at Lendermarket*75,000 €
Skin in the game5%
Operating since2017
Average interest rate at Lendermarket13%

About company