Opticom Finance vs Veend

With Opticom Finance savings you can save, and grow your finances. You can also purchase airtime and pay your electricity, internet and other provider bills in a fast and secure means all from the Opticom Finance app! LOAN RATES AND REQUIREMENTS With Opticom Finance, you can take loans at your convenience with no long queues or documents. Our payback period can be from 62 days to 90 days based on eligibility. We usually require no collateral. However, for specific loan amounts you may need to provide a guarantor. Also we only accept loan applications from persons above the age of 21. To verify your identity and eligibility, you will need to submit additional documentation such as a valid identification document and may also be required to submit your bank statement. Our minimum interest rate, which is determined by our credit scoring algorithm, is 3% per month and a maximum of 10% per month. This comes to an Annual Percentage Rate (APR) of 36%. FOR EXAMPLE; If you get a personal loan product of N10,000 to pay back over a 3-months tenor at an interest rate and fees of 3% per month (36% APR), you will be paying back N900 in interest. Making your total Principal + Interest repayment of N10,900 only. Nevertheless, all you need to do is download the app, sign up easily and apply for a loan in minutes! WANT TO TALK TO US? At Opticom Finance, we welcome feedback. If you have any issues navigating the app or questions, reach us by calling +234 803 345 3830 or 01-2799160 or send an email to info@opticomfinance.com. ADDITIONAL NOTES We take several signals into consideration when processing your loan request, such as your previous loan performance, credit score and so on. We also require that only correct details are filled in the loan application as false details could delay your loan request and your profile may be blacklisted. In cases of fraud, you may be reported to the authorities.

Veend app provides a user-focused experience to customers across Africa, offering them access to a new and refined credit experience. Our mobile app was introduced to customers with an idea of providing them a fluider interface, from their mobile phone, to reach our premium services. With convenience being part of our foremost drive, the mobile app features easy-to-navigate user experience/interface, and very responsive operations. With The Veend App, users can operate an all-in-one mobile app experience, which includes: Money transfer: The mobile app enables users, to within seconds, send money across borders to their loved ones, friends and families without experiencing service delays. Bill payment: Users can conveniently make payment for services they're subscribed to, without relying on the service outlets of these service providers. It's all automated to make payment of utilities seamless. Credit/Debit Card servicing: As a Veend mobile app user and an existing customer looking at accessing various card-enabled services, the mobile app is a gateway to this. The app provides an environment where these card services can be requested for, used for other services we offer, and most importantly, access credit and other finance-oriented opportunities we offer, all done in an easy and seamless manner. To ensure all the services the Veend mobile app executes run smoothly, the app features a feedback channel where all concerns, feedback, and requests can reach us and be attended to. -Install and Sign up at Zero cost. -User-friendly -Fast and responsive -Open to feedback 24/7