Migo Money Incorporated is a Nigerian fintech company that provides a cloud-based lending platform for both individual consumers and business partners. Since 2017, the company has focused on extending credit to underbanked customers who may not have traditional credit histories or formal employment records. It uses proprietary machine learning algorithms to assess credit risk based on behavioural data, allowing it to serve millions of Nigerians through channels such as web apps, USSD, and embedded products within partner platforms.
The company operates in two main areas. For individuals, it offers fast, simple loans with no paperwork or branch visits, funding bank accounts directly. For business partners, including banks, telcos, and fintechs, Migo provides a white-label credit engine that allows these organisations to offer lending to their own customers. This B2B service handles credit assessment, disbursement, and collections, with partners able to launch products under their own brand.
Migo reports having served over 2 million borrowers and disbursed more than 8 million loans, extending over ₦100 billion in credit. The company is certified under the Nigeria Data Protection Regulation (NDPR) and Nigeria Data Protection Act (NDPA), emphasising data security and privacy. It is based in Lagos and hires for roles in human resources, technology, and business operations, with a specific focus on fintech and financial services experience for people-related positions.
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