Renmoney-simple useful banking

7.76K reviews
Content rating
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About this app

Your Renmoney app will make finance simple and useful, so you can do more today! You can unlock loans of up to ₦6,000,000, earn great interest on your savings, pay bills, buy airtime & make payments - all on your Renmoney app.

Unlock loans on the Renmoney app

Whether you're employed or run your own business, you can get a loan conveniently. Just share some information with us, we'll give you a decision and if your loan is approved, you'll get money in your bank account very quickly.

About Renmoney loans

- If you pay on time, you get lower rates and longer time to repay on your next loan

- No paperwork, collateral or guarantor needed

- No hidden charges, you always see your loan terms before you commit

- Minimum loan repayment period is 3 months

- Maximum loan repayment period is 12 months

- Monthly interest rates range from 2.65% - 9.89% and the maximum Annual Percentage Rate (APR) is 35.76%. No other fees are charged

- Representative example: If you borrow a loan amount of ₦1,000,000 for a 12 months tenure and 12 repayments at a monthly interest Rate of 2.65%, your monthly repayments will be ₦109,854.47 and the total amount payable will be ₦1,318,253.68 at APR of 31.83%.

Earn great interest on your savings and deposits

- You can save daily, weekly or monthly

- Earn competitive rates on your savings and fixed deposits

- Track and access your money anytime, on the Renmoney app

About Renmoney

We're a fintech offering digital banking solutions in Nigeria. We provide loans of up to ₦6,000,000, great interest on your savings, bill payments, airtime & money transfers via the Renmoney app. We operate with a microfinance banking license, regulated by the Central Bank of Nigeria (CBN) and insured by the Nigeria Deposit Insurance Corporation (NDIC).

Customer information security and privacy

The Renmoney app has been developed using the best security and privacy standards to ensure absolute data security. When you download the Renmoney App, we will ask for your permission to verify your personal and financial information. Our app is secure to use, and we will not share your information with third parties without your consent.

Here’s how you can contact us

- Raise a help ticket within the app

- Email:

- Visit:
Updated on
Jun 16, 2022

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
No data collected
Learn more about how developers declare collection
Data is encrypted in transit
You can request that data be deleted
7.76K reviews
Austine O. Owobu
May 4, 2022
I heard about Renmoney from adverts on electronic media & downloaded the app. The registration is seamless. I'm impressed with what I've seen so far. I like the investment portfolios & will definitely try them out soon. For now, I am taking a look at what it has to offer & I think I am impressed with the offers (still perusing). I like the architecture. The design is top-notch. The environment is amazing! It's a beauty to behold! I'll come back here to comment further on overall services.
216 people found this review helpful
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Renmoney MFB
May 4, 2022
Thank you for downloading our app. We'd love to earn 5 stars, so please write to us at suggesting what we can do to improve.
Samuel Christian
June 20, 2022
Sincerely,I really do not even know how or where to start from. Getting a loan is so damn complicated, from we are unable to process your request to we temporarily down try again. I've been trying to get a loan for almost 9months now and nothing is forth coming. The app is swift in response but customers satisfaction is key. Would have given a a star but the Finished work on the app is why I'm giving 2stars .. I'm really not happy after submitting all documents required. Still no progress!!!.
28 people found this review helpful
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Renmoney MFB
June 20, 2022
We're so sorry to hear about your experience, Samuel. Please reach out to us via email at with your contact information so we can help you sort this out.
Fola Photography
June 21, 2022
This face recognition worked after I uninstall and reinstalled.... The problem now is the app keeps crashing. I can't do anything. It doesn't last 30secs, it crashes on every start-ups.
5 people found this review helpful
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Renmoney MFB
June 20, 2022
We're sorry to hear that, Fola. You'll need to uninstall the app and reinstall to rectify the issue.

What's new

We've listened to your feedback, so with this app update, you can now:
- Send and receive money with your Renmoney bank account
- Buy data, airtime and pay your bills conveniently
- Earn great interest on your Smart Goal (savings) or Fixed Deposits
- Get convenient loans even quicker

Your feedback has also been used to update design and fix some pesky bugs to ensure a better experience for you.

Update your app now and keep your feedback coming!