Innovating Payments for Everyday People
Well-curated financial solutions tailored to your personal and business needs — built with trust, powered by technology.
5+
Global Partners
10M+
Transactions Monthly
99.9%
Service Uptime
What drives us forward
Our core purpose, future direction, and the principles we uphold every single day.
Our Mission
To deliver accessible, secure, and innovative microfinance solutions that empower individuals and businesses across Nigeria to achieve sustainable financial growth.
Our Vision
To become the most trusted and innovative microfinance institution in Africa — bridging the gap between underserved communities and world-class financial services.
Our Values
Integrity, inclusion, and innovation guide every decision we make. We put our customers first and hold ourselves to the highest standards of transparency and accountability.
Our History
From a single branch to a digital-first microfinance platform serving communities across Nigeria.
A vision for financial inclusion
PayRep Microfinance Bank was established to address the severe financial exclusion gap in Nigeria, starting with a physical branch in Masaka, Nasarawa State, serving traders, farmers, and small business owners along the Keffi-Abuja expressway corridor.
Regulated from day one
Licensed by the Central Bank of Nigeria (CBN) and fully insured by the Nigeria Deposit Insurance Corporation (NDIC), we built our operations on a foundation of compliance, depositor protection, and trust.
From branch to digital-first
Recognizing that physical branches alone could not scale financial inclusion, we partnered with leading technology facilitators and expanded into agency banking — transforming into a modern, tech-driven microfinance institution.
Nationwide reach, local roots
Today, PayRep serves individuals and businesses nationwide through mobile apps, USSD, merchant portals, and a growing agent network — staying true to our mission of empowering everyday people.
Corporate Profile
A premium digital-first microfinance institution licensed by the Central Bank of Nigeria.
PAYREP Microfinance Bank is a premium digital-first microfinance institution duly licensed by the Central Bank of Nigeria (CBN) and deposits fully insured by the Nigeria Deposit Insurance Corporation (NDIC).
We specialize in creating robust digital ecosystems that facilitate seamless payments, high-yield savings products, and affordable credit facilities. We serve tens of thousands of active customers through our mobile applications, USSD channels, merchant portal, and a growing network of agents across the federation.
Quick Facts
- Regulatory LicenseUnit Microfinance Bank (CBN Licensed)
- Deposit InsuranceNDIC Insured
- Primary FocusMSME Lending, Retail Savings, Digital Banking
- HeadquartersKaru LGC, Nasarawa State
Corporate Governance
Accountability, risk management, and regulatory compliance are the foundation of everything we do.
Compliance First
We adhere strictly to CBN circulars, AML/CFT regulations, and active NDIC audits to ensure clean, transparent operations.
Board Oversight
A diverse and independent Board of Directors meets regularly to evaluate risks, strategy, and corporate performance.
Depositor Protection
State-of-the-art cybersecurity frameworks and deposit insurance protect our customers' funds at every level.
Why PayRep
Three reasons individuals and businesses choose us as their financial partner.
Built for Nigeria
Designed around the realities of Nigerian businesses and consumers — from rural merchants to urban professionals.
Secure by Design
CBN-licensed, NDIC-insured, and protected by modern fraud prevention and encryption standards.
Always Within Reach
Multiple channels — app, USSD, agents, and customer support — so your money is never out of reach.
Our Awards & Recognitions
Milestones that reflect our commitment to innovation, inclusion, and governance.
Digital Microfinance Bank of the Year
Nominated for pioneering agent-led cash disbursements and digital wallet features in northern Nigeria.
Financial Inclusion Champion
Recognized for deploying rural merchant platforms that bring thousands of informal retailers online.
CIBN Certified Quality Management
Acknowledged for operational governance standards aligning with the Chartered Institute of Bankers of Nigeria.
Our Businesses
A full suite of financial products designed for individuals, merchants, and institutions.
Retail & Micro-savings
High-yield personal savings, target savings plans, and minor bank accounts promoting healthy financial habits.
MSME Loans & Micro-credit
Quick working capital, asset finance, and agricultural loans designed for small-scale merchants and cooperatives.
Agency Banking Network
Branchless banking outlets providing cash withdrawals, deposits, utility payments, and account openings in local communities.
Digital Banking Platforms
Mobile banking applications, USSD portals, and BaaS gateways for seamless institutional payments.
Meet Our Team
The visionary leaders and dedicated professionals driving financial innovation and inclusion across Africa.
