# Renmoney MFB

> Digital lending, savings, and investment platform for personal and business needs. (iPhone/iPad app by RENMONEY MFB LIMITED.)

- Source: https://appshunter.io/ios/app/renmoney-mfb/id1491158086 (this page in markdown: same URL + `.md`)
- Developer: [RENMONEY MFB LIMITED](https://appshunter.io/developer/1491158085)
- Category: Finance, Business
- Price: Free
- Rating: 3.75/5 from 748 App Store ratings · 66 written reviews indexed
- Age rating: 4+
- Requires: iOS 13.0 · 131 MB
- Languages: English
- Released: 2022-03-18
- Data updated: 2026-06-10
- Monetization: free with in-app purchases
- User reviews in markdown: https://appshunter.io/ios/app/renmoney-mfb/id1491158086/reviews.md

## What is Renmoney MFB?

You can get a quick loan on the Renmoney app in just a few steps. Our loans are for people who are employed, self-employed or business owners. So, if you need an instant personal or business loan, you can borrow from ₦6,000 to ₦6,000,000 and repay in 3 - 24 months.

The Renmoney app gives you instant access to quick loans, savings and investments with competitive interest rates.

Here's what you get with a Renmoney loan

Fast and convenient loans from ₦6k to ₦6m
Flexible repayments between 3 - 24 months
Money in your bank account in minutes
Lower rates and longer tenure on your next loan
No paperwork
No collateral or guarantor needed
No hidden charges - you always see your loan terms before you commit
We keep it simple, no confusing language
Support team is always available to help
Secure processes


The loan process is simple.
• Download the mobile app
• Share some information about yourself
• Verify the information you have provided
• Get money in your bank account once you’re approved

Want to save?

You can set up a Smart Goal and save towards milestones that matter to you or set up a Save Easy plan and save what’s convenient. Whatever plan you choose, you’ll earn attractive interest on your money.

Want to invest?

Make your money work for you with a Renmoney Fixed deposit account. Invest your money for a fixed duration and earn high interest.

What you get with Renmoney Savings and Fixed Deposit

Earn up to 13% interest per annum
Save and invest securely and on your own terms
Build a savings habit
Set up automatic periodic savings

Why choose Renmoney?

We’re convenient and secure
You can see and access your account at any time
We’re regulated by the Central Bank of Nigeria (CBN)
Your savings and deposits are insured by the Nigeria Deposit Insurance Corporation (NDIC).


About Renmoney

We’re a fintech lending company located in Lagos state, Nigeria and operating under a Microfinance Bank license. We offer personal and business loans from ₦6,000 to ₦6,000,000 to employed and self-employed individuals as well as high interest savings and fixed deposits.

RENMONEY INTEREST RATE AND LOAN REPAYMENT

With Renmoney you can apply for a loan of ₦6,000 - ₦6,000,000 without collateral and repay in 3 - 24 months. Monthly interest rates range from 2.4% - 9.33% and the maximum Annual Percentage Rate (APR) is 35.76%. No other fees are charged.


Representative example:

Loan Amount: ₦2,000,000

Loan Tenure: 12 months.

Number of Repayments: 12

Monthly Interest Rate: 2.4%

Monthly repayments: ₦214,667.00

Total amount payable: ₦2,576,000.00

APR: 28.8%.

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

Email: hello@renmoney.com
Call: 0700 5000 500
Visit: renmoney.com
Like on Facebook: https://web.facebook.com/renmoney
Follow on Instagram: https://www.instagram.com/renmoneyng/
Follow on Twitter: https://twitter.com/renmoney
Follow on Medium: medium.com/@renmoney
Visit our offices

Ikoyi: 23, Awolowo Road Ikoyi, Lagos, Nigeria
Opebi: Pentagon Plaza, 23 Opebi Road, Ikeja, Lagos, Nigeria
Surulere: Kings Plaza, 80, Adeniran Ogunsanya Street, Surulere, Lagos, Nigeria

## Key features

- Quick loans up to ₦6 million
- Flexible repayment terms (3-24 months)
- Funds in bank account within minutes
- No collateral or guarantor required
- Secure savings and fixed deposits
- Earn up to 13% interest per annum

## What do users think of Renmoney MFB?

Overall sentiment: negative

**Pros**

- 🚀 Fast and reliable
- 👍 Easy and simple to navigate
- 🔒 Trustworthy and secure
- 💡 Innovative features
- 👍 Good customer service

**Cons**

- 🐛 App malfunctioning
- 🐛 Delayed loan approval and disbursement
- 🐛 Account blocking issues
- 🐛 Poor customer support
- 🐛 Unreliable loan application process

**Commonly reported bugs**

- Loan application getting stuck in review
- Account being blocked for no reason
- Inability to edit profile or change profile picture
- Inconsistent app performance

**Most requested features**

- Faster loan approval and disbursement
- Improved customer support
- More transparency in loan application process
- Ability to delete account

## Recent user reviews (10 of 66)

All indexed reviews: https://appshunter.io/ios/app/renmoney-mfb/id1491158086/reviews.md

### 4/5 — Review

*2025-03-23, version 4.1.31*

Very good 😺

### 5/5 — Great

*2025-02-12, version 4.1.27*

Great app with speed and good functionality

### 5/5 — service

*2024-12-09, version 4.1.18*

Great and trustworthy service

### 5/5 — Mr

*2024-10-13, version 3.3.72*

Very early and accessible application process

### 4/5 — Mine

*2024-06-26, version 3.3.64*

It’s fast and reliable

### 5/5 — Mr Folasade

*2024-05-11, version 3.3.61*

Very easy and simple to navigate.

### 5/5 — The best loan app company

*2024-01-30, version 3.3.52*

It has been an honour and a pleasant experience using Renmoney

### 5/5 — Good

*2024-01-16, version 3.3.52*

Good

### 5/5 — Good app

*2024-01-11, version 3.3.45*

Quick transfers

### 5/5 — Mr olabode

*2023-10-18, version 3.3.31*

Satisfactory

## Frequently asked questions about Renmoney MFB

### What is Renmoney?

Renmoney is a fintech lending company operating under a Microfinance Bank license in Nigeria. It offers personal and business loans, as well as high-interest savings and fixed deposit accounts. The company is regulated by the Central Bank of Nigeria (CBN) and its deposits are insured by the Nigeria Deposit Insurance Corporation (NDIC).

### How can I get a loan from Renmoney?

To get a loan, you need to download the Renmoney mobile app, share some personal information, and verify the details provided. Once approved, the money will be deposited directly into your bank account. The process is designed to be fast, convenient, and requires no paperwork or collateral.

### What are the interest rates and repayment terms for loans?

Loans range from ₦6,000 to ₦6,000,000 and can be repaid over 3 to 24 months. Monthly interest rates range from 2.4% to 9.33%, with a maximum Annual Percentage Rate (APR) of 35.76%. There are no hidden charges, and all loan terms are clearly presented before you commit.

### Can I save or invest money with Renmoney?

Yes, Renmoney offers savings and investment options. You can set up a 'Smart Goal' to save towards specific milestones or a 'Save Easy' plan for convenient saving. Fixed deposit accounts are also available for investing money for a fixed duration. Both options offer attractive interest rates, with savings and deposits earning up to 13% interest per annum.

### Is my data secure with Renmoney?

Renmoney prioritizes customer information security and privacy. The app is developed using the best security and privacy standards to ensure absolute data security. When you download the app, permission will be requested to verify personal and financial information, and your data will not be shared with third parties without your consent.

## Version history (last 4 releases)

### 3.2.10 — 2023-03-22

What's New? Everything!

We're on a mission to make finance more simple and useful for you - here's how that played out in the new Renmoney app:

⊛ Up to 18% p.a on savings & deposits:
⊛ Convenient & instant loans:
⊛ Bill pay, airtime & data:
⊛ Pin change:
⊛ Loan Repayment:
⊛ Referrals:
⊛ No small print:
⊛ Minimalist & intuitive:
⊛ 24/7 support:
⊛ Cards

### 3.2.9 — 2023-03-15

What's New? Everything!

We're on a mission to make finance more simple and useful for you - here's how that played out in the new Renmoney app:

⊛ Up to 18% p.a on savings & deposits:
⊛ Convenient & instant loans:
⊛ Bill pay, airtime & data:
⊛ Pin change:
⊛ Loan Repayment:
⊛ Referrals:
⊛ No small print:
⊛ Minimalist & intuitive:
⊛ 24/7 support:
⊛ Cards

### 3.2.8 — 2023-03-02

What's New? Everything!

We're on a mission to make finance more simple and useful for you - here's how that played out in the new Renmoney app:

⊛ Up to 18% p.a on savings & deposits:
⊛ Convenient & instant loans:
⊛ Bill pay, airtime & data:
⊛ Pin change:
⊛ Loan Repayment:
⊛ Referrals:
⊛ No small print:
⊛ Minimalist & intuitive:
⊛ 24/7 support:
⊛ Cards

### 3.2.5 — 2023-02-03

What's New? Everything!

We're on a mission to make finance more simple and useful for you - here's how that played out in the new Renmoney app:

⊛ Up to 18% p.a on savings & deposits:
⊛ Convenient & instant loans:
⊛ Bill pay, airtime & data:
⊛ Pin change:
⊛ Loan Repayment:
⊛ Referrals:
⊛ No small print:
⊛ Minimalist & intuitive:
⊛ 24/7 support:
⊛ Cards

## Apps similar to Renmoney MFB

| App | Rating | Price | Category |
| --- | --- | --- | --- |
| [Capital Hill Mtg](https://appshunter.io/ios/app/capital-hill-mtg/id6444012080) | — | Free | Finance |
| [Signal Crypto Pro & trading](https://appshunter.io/ios/app/signal-crypto-pro-and-trading/id1665185840) | 5.0 (1) | Free | Finance |
| [Savita](https://appshunter.io/ios/app/savita/id1664110660) | 4.0 (32) | Free | Finance |
| [Parali](https://appshunter.io/ios/app/parali/id6443763240) | — | Free | Finance |
| [CashIn Budget](https://appshunter.io/ios/app/cashin-budget/id6443911000) | — | Free | Finance |
| [AOLB Game](https://appshunter.io/ios/app/aolb-game/id1667469800) | — | Free | Finance |

## Related topics

[renmoney mfb limited](https://appshunter.io/ios/topics/renmoney-mfb-limited) · [lendsafe care](https://appshunter.io/ios/topics/lendsafe-care) · [ogacash](https://appshunter.io/ios/topics/ogacash) · [lcredit](https://appshunter.io/ios/topics/lcredit) · [instant naira loan](https://appshunter.io/ios/topics/instant-naira-loan) · [unlimited loans](https://appshunter.io/ios/topics/unlimited-loans) · [lendsafe instant loan](https://appshunter.io/ios/topics/lendsafe-instant-loan) · [branch](https://appshunter.io/ios/topics/branch) · [easemoni instant loan](https://appshunter.io/ios/topics/easemoni-instant-loan) · [direct buy limited](https://appshunter.io/ios/topics/direct-buy-limited) · [rwm home loans](https://appshunter.io/ios/topics/rwm-home-loans) · [neo home loans](https://appshunter.io/ios/topics/neo-home-loans) · [hi credit loan app nigeria](https://appshunter.io/ios/topics/hi-credit-loan-app-nigeria) · [pulsa video lab](https://appshunter.io/ios/topics/pulsa-video-lab) · [cabon](https://appshunter.io/ios/topics/cabon) · [naija loan](https://appshunter.io/ios/topics/naija-loan) · [imuthoot muthoot finance loans](https://appshunter.io/ios/topics/imuthoot-muthoot-finance-loans) · [lapo](https://appshunter.io/ios/topics/lapo) · [irorun](https://appshunter.io/ios/topics/irorun) · [EFG Finance SMEs](https://appshunter.io/ios/topics/efg-finance-smes)

---

*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*