Andray Finance
Borrow smart, Build strong
About
This digital lending platform offers quick and transparent loans to salaried professionals, entrepreneurs, and gig workers in Nigeria. It provides instant access to funds, easy repeat borrowing, and loan growth opportunities based on responsible repayment. The service prioritizes privacy and automated, secure transactions.
What's New in Andray Finance
1.3
May 30, 2026
Improved the date picker experience with smoother interactions, better usability, and a more intuitive date selection flow.
FAQ
What is the minimum and maximum loan amount for Andray Finance?
Andray Finance allows users to apply for loans ranging from ₦10,000 to ₦5,000,000. The specific amount approved depends on individual creditworthiness and other factors.
How does Andray Finance ensure user privacy?
Andray Finance upholds high standards of privacy. Your employer and contacts will not be contacted, and all customer data is protected in accordance with the Nigerian Data Protection Regulation (NDPR).
What are the typical fees associated with a loan from Andray Finance?
A typical loan includes a monthly interest rate of 5% and a management fee of 1.075% of the loan principal, distributed across monthly repayments. There is also a 1% upfront processing fee deducted from the disbursement amount.
How does the loan growth feature work on Andray Finance?
By demonstrating responsible financial behavior through consistent and timely loan repayments, users can qualify for larger loan amounts, improved terms, and additional benefits over time.
What is the Annual Percentage Rate (APR) for loans from Andray Finance?
The Annual Percentage Rate (APR) for loans from Andray Finance is approximately 65%. This figure is provided for clarity and includes all interest and fees over a year.
How often is Andray Finance updated?
The app was last updated on May 30, 2026, indicating a recent update. The version number is 1.3.
What devices is Andray Finance available on?
Andray Finance is currently supported on iPhone and iPod devices. Compatibility with other platforms may be considered in future updates.
What is the user sentiment for Andray Finance based on available ratings?
Based on the provided data, Andray Finance has a rating of 1.0 stars from 1 rating. This indicates a very low user satisfaction level at this time.