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P2Vest Technology Limited | Company profile, Business Model, and Operations

Recieved Funding?
yes
Type of Funding
Accelerator/Incubator
Number of Funding Phases
1
Business Type
Private Company

All you need to know about P2Vest Technology Limited

About Us

P2Vest is a prominent loan app firm in Nigeria, committed to offering secure, trustworthy, and immediate loans to both individuals and businesses. Focused on delivering outstanding customer service, fostering collaborative relationships, ensuring user-friendly experience, and prioritizing security, P2Vest strives to enable financial advancement for its clients.

P2Vest is at the forefront of the FinTech Revolution in Nigeria! With thousands of daily loans and a community of over 250,000 users, we are leading the way in financial empowerment. Join us as we redefine the way Nigerians access credit and achieve financial freedom.

The company was founded in 2020 and is headquartered in Lekki, Lagos, Nigeria.

P2Vest's platform allows borrowers to connect with lenders directly, without having to go through a traditional bank.

Borrowers can apply for loans of up to N500,000 (around $1,200) with repayment terms of up to 180 days. Lenders can earn interest on their loans, and P2Vest charges a fee for facilitating the transactions.

Access quick loans with competitive rates. Receive personalized loan offers based on your income and enjoy attractive returns. Discover a variety of insurance options, all in one convenient location.

In May 2023, P2Vest launched a new product called P2Vest InsuranceParasol. This product allows users to buy and make claims on insurance products such as cars, property, health, and life insurance, all through their mobile phones.

P2Vest is the first startup to be fully licensed by both the Nigerian Communications Commission (NCC) and the National Insurance Commission (NAICOM) to offer insurance products.

P2Vest is a growing company with over 250,000 users. The company is a leading player in the Nigerian FinTech industry and is helping to make financial services more accessible to Nigerians.

Welcome to a world where everyone is financially free!

  • Headquarters: Lagos, Nigeria
  • Founded in 2020
  • Company Size: 11-50 employees

Our Mission

P2Vest is dedicated to becoming the top option for individuals and businesses in Nigeria looking for fast and secure loans. Our Mission is to promote financial inclusion by offering convenient and trustworthy loan options that promote the growth and financial stability of our clients.

Using cutting-edge technology and outstanding customer service, we aim to streamline the loan application process, empowering our users to reach their aspirations.

Our Vision

Our Vision as a loan app company is to transform the borrowing environment in Nigeria. We imagine a future where both individuals and businesses can easily obtain cost-effective loans, empowering them to take advantage of opportunities, conquer financial obstacles, and create a better tomorrow.

We aim to lead this change by utilizing technology and collaborations to make a beneficial difference in the lives of our clients.

Our Core Values:

1. Excellent Customer Service:

Our top priority is to exceed our customers' expectations throughout their loan journey. We are dedicated to providing outstanding service, promptly addressing any inquiries, and offering personalized support to ensure a smooth and gratifying experience.

2. Cooperative Partner:

Our commitment lies in cultivating robust connections with our clients, associates, and stakeholders. Working together and fostering trust are essential components of our achievements, and we actively pursue chances to develop alliances that encourage financial advancement and creativity.

3. Ease of Use:

Our loan application has been created with ease of use and simplicity in mind. We recognize the importance of a simplified process, and our user-friendly interface makes applying for a loan convenient, effective, and available to everyone.

4. Security

Safeguarding the personal and financial information of our customers is our top priority. We utilize strong data protection measures and encryption protocols and adhere to industry best practices to maintain the security and confidentiality of your information.

Our Products & Services

1. Lending/Borrowing Money

Gain control over your finances, whether you're new to lending or an experienced lender.

Our advanced lending solutions allow you to engage in lending to various borrowers, enjoy competitive interest rates, and manage your risk effectively.

Gain access to your aspirations with fast loans: Whether it's expanding your business or upgrading your home, we're here to support you!

2. Bail Me

Are there any family members or friends in need of financial help? Then this feature is for you. Bail Me allows you to assist your loved ones by offering flexible lending terms.

3. Parasol

Insurance Parasol shifts the balance in your favor, providing families and businesses with reassurance, confidence, and peace of mind.

Have you ever tried to verify your insurance claim? We understand how time-consuming and cumbersome the process can be.

The insurance industry is increasingly going digital, and now you can handle everything with your mobile device while on the move.

At Parasol, we are always developing digital tools to simplify the claims process and offer a wide range of reliable options for you to select from because we believe that insurance is a crucial aspect of your financial well-being.

4. BNPL

Start shopping now and pay later for all your favorite items! Quick and easy approval process.

5. P2Vest for Business

We make it easy for you as a licensed lender to connect with a wide range of borrowers through the P2Vest network.

6. Insurance Corporate

Easily obtain extensive insurance coverage for your employees and communities through the Parasol Corporate portal, ensuring security and peace of mind.

Related Topics


Industry

Samuel Abolusoro
Austine Abolusoro

P2Vest Technology Limited
Business Model

The Company major services and product include: FinTech, Lending, Borrowing, Insurance, Financial Inclusion, Buy NowPay Later (BNPL), and Bail Me.

The Company was Founded
The Company was established on
January 1, 2020
HeadQuarters
The Company has its Operational Headquarters at Lagos, Nigeria
Industry
The Company is contributing to the development of the Industry B2B, FinTech
Staff Strength since Inception
The Company prides in her team member of about 1 - 50 active members

P2Vest Technology Limited Business Model

The Company major services and product include: FinTech, Lending, Borrowing, Insurance, Financial Inclusion, Buy NowPay Later (BNPL), and Bail Me.

yes
Have they recieved Funding from VCs
yes
Have they recieved Funding from VCs
yes
How many number of Funding rounds?
What is the company's Networth
Company Net worth as of 2023

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