Zedvance: Loans & Bills

ZEDVANCE FINANCE LIMITED

About this app

Discover flexible financial solutions tailored to your needs with the Zedvance app. Whether it’s a quick loan, bill payments, or managing your finances, we’ve got you covered.

About Us

Zedvance Finance Limited is a licensed non-bank retail lender in Nigeria, offering innovative financial services to individuals and businesses. With over 10 years of experience, we are committed to providing reliable and accessible financial solutions.

Features

💵Quick Loan: Access instant loans to handle unexpected expenses.
💵Salary Loan: Secure personal loans with repayment options of up to 18
months.
🪙Bill Payments: Pay for airtime, electricity, and internet subscriptions
effortlessly.
👜Mobile Wallet: Manage your finances anytime, anywhere.

How It Works

1. Download the Zedvance app.
2. Sign up and create your account.
3. Complete your profile by providing the required KYC information.
4. Upgrade your account to unlock more features.

Why Choose Zedvance?

24/7 Access: Enjoy easy and convenient access to financial services whenever you need them.
Transparent Pricing: We provide a clear breakdown of all fees and transactions, so you know exactly what you’re paying for.
Real-time Alerts: Receive instant confirmations for every transaction you make.
Security: Zedvance follows stringent security protocols and is regulated under NDPR. We use industry-standard encryption to protect your personal data.
Regulation: Zedvance is fully licensed by the Central Bank of Nigeria (CBN) to operate as a financial institution.

Privacy Policy and Data Permissions

Zedvance Finance Limited is committed to protecting your privacy and ensuring the security of your personal information. To provide you with the best services and improve security, the Zedvance app requires access to your location. However, we do not require access to your photos or contact list.
Zedvance may obtain information about you from third-party financial services to determine your eligibility for our loans. We store your personally identifiable information (PII) with topmost security and are NDPR compliant with approval from 2023. Our complete privacy policy is available at https://zedvance.com/privacy-policy.

Loan Amounts, Interest Rates and Repayment Period

The Zedvance app offers loans ranging from a minimum of N1,500 to a maximum of N5,000,000 with daily interest rates ranging from 0.5% to 1.4% for lower ticket loans and monthly interest of 3-4% for higher ticket loans (150,000 to 5,000,000). The minimum repayment period is 61 days, and the maximum repayment period is 365 days. The maximum Annual Percentage Rate (APR), which includes interest rate plus fees and other costs for a year for lower ticket loans (1,500 to 100,000) is 365% and for higher ticket loans (150,000 to 5,000,000) is 57.24%

Example:

Zedvance loan of N100,000 for 3 months
Interest: (0.5% daily * 90 days) = N45,000
Total payable amount: N100,000 + N45,000 = N145,000
Number of installments = 3
Repayment per instalment: N145,000/3 = N48,333.33

Note: The representative example above includes the principal, interest, and all applicable fees. Actual loan amounts, interest rates, and repayment periods may vary based on the borrower's creditworthiness, income, and other factors.

Need Help?
Find urgent questions you need answers to here: https://zedvance.com/faqs

T&Cs: https://www.zedvance.com/terms-and-conditions

For more information, visit our website: https://zedvance.com

Stay connected:
Facebook: https://facebook.com/zedvance
Instagram: https://www.instagram.com/zedvance/
Twitter: https://twitter.com/zedvance
LinkedIn: https://www.linkedin.com/company/zedvance-finance/

Get in Touch
Customer Service Email: [e-mail]
Customer Service Hotline: [phone]
Address: No.65 Karimu Kotun, Victoria Island, Lagos, Nigeria

We’d love to hear from you!

Ratings and reviews

The OTP takes too long to come in, and when you try to login on a new device it just keeps showing a bad gateway error because the device is not linked. This is really frustrating. You can do better with the UX. These friction points happen at the most critical stage of the user journey, which is authentication, and they need to be addressed.

they charge you for every single transaction I make,I didn't even get the loan I applied for and they have locked up my remaining 3k since I can no longer login to the app

I don't think this app is licensed by CBN at all cause why should I apply for a loan that won't work and I can't delete my account because every time I tried it keeps on saying it's an error.

What’s new

We've made Zedvance even better! Now you can complete transactions with just your fingerprint or face, enjoy a smoother Buy Now, Pay Later experience, access quick funds with our new Extracash loan feature, and rest easy knowing we've added extra security layers and fixes to keep your account safe. Update now and enjoy a faster, smarter banking experience.