Accelerating growth with future-ready core banking

Established in 2017, FairMoney Microfinance Bank is a leading neo-bank based in Nigeria with an operational office in Paris. The company aims to narrow the financial inclusion gap with accessible, mobile-first credit, savings, cards, and payments products for underserved customers.

Within two years of launch, FairMoney had become Nigeria's leading credit-focused financial institution, but its legacy loan management system was hitting limits, frequent downtime, failed transactions, scalability issues, and no clean path to integrate with NIBSS.

FairMoney chose Oradian's Instafin platform for its cloud-native architecture, local Nigerian expertise, and ability to support both loans and deposits out of the box. Oradian's in-house implementation team and decades of regulatory know-how made it possible to move quickly without sacrificing compliance.

The Oradian and FairMoney project kicked off in Q1 2022 and launched multiple new products through the year, including FairSave (interest-bearing savings) and FairLock (time deposits), alongside a NIBSS Instant Payment integration. Operations stabilised, scale stopped being a constraint, and FairMoney now has the foundation to launch new product lines rapidly.