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Arvofinance

Arvofinance

Access to loan and investment

451 ratings
51 reviews
💰 Finance

Archived App

This is an archived listing of the app previously available on the App Store.

Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.

Details

  • Released
  • Updated
  • June 7, 2019
  • November 5, 2023

Features

Developer

Oliver Mead Investment Ltd
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🔄6+ apps
Alternatives↘︎
❓4 answered
FAQ↘︎
📦w/o updates
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About

This fintech solution offers fast, unsecured loans to underbanked Nigerians through a simple application process. Leveraging efficient technology, it guarantees loan disbursement within 24 hours, bridging the gap in consumer finance.

✓Fast unsecured loans
✓Simple application process
✓24-hour disbursement
✓Inclusive consumer finance
✓Bridging banking gap
Show original description

What users say

Summarized from real user reviews of Arvofinance. Based on 451 reviews and a 4.0/5 average, it highlights the 5 positives and 12 negatives reviewers mention most about this Finance app.

Positive things

  • 🚀Fast loan approval and disbursement
  • 💰Accessible loan amounts for users
  • 👍Straightforward and easy-to-use interface
  • 🤝Helpful customer service (when responsive)
  • ✅Reliable loan processing for satisfied users

Negative things

  • 📧Non-responsive customer service and email support
  • ⏱️Slow loan clearance after repayment (2-3 days)
  • 💳Unauthorized or duplicate charges on accounts
  • 🚫Loan approval delays and pending status issues
  • ❌Declined loans after payment collection
  • 🔄Payment not reflecting in app after bank debit
  • 📱App crashes during loan application process
  • 🚨Continued charges after loan repayment
  • 🔐Difficulty unlinking bank cards from app
  • ⚠️Loan amount discrepancies between offer and disbursement
  • 🛑Account disabling without explanation
  • 📝Profile editing functionality issues
See all reviews

What's New in Arvofinance

4.6.1

November 5, 2023

bug fixes

User reviews

Most RecentHighest RatedLowest Rated

Loan

Y’all don't respond to mails, they send reminder for loans that have already been paid even when proof of payment has been sent to them and they still call you to pay for loans that have been previously cleared…..very mumu set of people and TBH y’all just making your app worse and dumb and dumber…… My advice is arvo should go work on them selves and have a preview of their emails 😡
Show more
Anonymous kkvAnonymous kkv

Thanks you for accepting me to borrow a loan

🙏🙏🙏
Ejii232Ejii232

Fair

Irritating can’t get to edit my profile
scared2lovescared2love

Useless app

Did not let me take the loan
undercover_sohaundercover_soha

Loan repayment

I just paid my loan now with my bank card nd have been debited but is not reflecting on the app nd have called nd chatted with d customer service none was attended to y
OmotoyennyOmotoyenny
See 46 more reviews

User experience

🐞

Reported Bugs

8 issues

App crashes when clicking apply for loan button

Bug

Payment debits not reflecting in app balance

Bug

Loan status not updating after repayment

Bug

Multiple charges for single transaction

Bug

Loan clearance delays of 7+ days

Bug

Profile edit feature non-functional

Bug

Unresponsive customer service channels

Bug

Incorrect outstanding balance calculations

Bug
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Requested Features

5 requests

Ability to edit user profile

Feature

Loan amount increase options

Feature

Real-time payment confirmation in app

Feature

Account deletion/profile removal option

Feature

Card unlinking feature

Feature

FAQ

What does Arvofinance do?

Arvofinance is a fintech solution that provides fast, unsecured loans to underbanked Nigerians. It aims to offer inclusive consumer finance by bridging the gap between commercial banks and individuals who may not have access to traditional banking services.

How quickly can I get a loan?

The app utilizes efficient technology to guarantee a 24-hour disbursement service. This means that once your loan application is approved, you can expect to receive the funds within a day.

Is Arvofinance free to use?

Based on the provided information, the app is free to use. There are no mentions of subscription fees, in-app purchases, or advertisements, indicating a free service model.

Who is Arvofinance for?

This app is designed for underbanked Nigerians who need access to fast, unsecured loans. It specifically aims to provide inclusive consumer finance options to individuals who might face challenges with traditional commercial banks.