What is FedaCash and how does it work?

FedaCash is an invoicing platform for SMEs that offers free invoice generation, cash access flexibility without long waits, and tools like multi-currency support, discounts, and contact management. You create customized invoices with features such as multiple taxes, editable drafts, and PDF generation, then send them to clients for payment.

How much does FedaCash cost?

FedaCash offers free invoice generation, while pricing for invoice discounting and other financing services is not publicly listed and requires contacting the company for details.

What countries does FedaCash operate in?

FedaCash primarily operates and provides services in Nigeria.

How do I sign up for FedaCash?

You can sign up by creating an account on the FedaCash registration page and providing your personal and business information.

Who is FedaCash best suited for?

Freelancers, small business owners, and SMEs who need simple invoicing with customization, multi-currency support, and quick cash access.

How do I contact FedaCash support?

You can contact FedaCash support by email at support@fedacash.com or by phone at +234 802 433 2000.

Does FedaCash have a plan for teams or businesses?

Yes, FedaCash is designed for nano, micro, small, and medium-sized businesses and offers business-focused services such as invoice generation, invoice discounting, and cooperative financing.

FedaCash

🇳🇬 Nigeria

A web-based financial management platform for Nigerian SMEs to generate branded invoices, access invoice discounting for quick cash advances, and join cooperative savings.

Use it on:Web

Is FedaCash right for you?

Best for

Nigerian SMEs
B2B service businesses
Businesses with invoices
Cashflow gaps
Cooperative savers

What it does well

Branded invoice creation
Invoice cash advances
48-hour invoice funding
Cooperative savings groups
Web-based finance dashboard

Things to check

Invoice eligibility rules
Advance limits
Fees per invoice
Payout timeline details
Savings withdrawal rules

FedaCash is a web-based financial management platform for nano/micro enterprises and SMEs in Nigeria that combines invoice creation, invoice discounting, and cooperative savings to support day-to-day cash flow.

Key capabilities include:

Free invoice generation with customizable branding (logo, colours), plus multi-currency support (including USD and Euros), multiple tax options, discounts, draft/editable invoices, contact management, and fast PDF invoice generation.
Invoice discounting (invoice financing) that lets businesses submit unpaid invoices for verification and receive a 70–90% cash advance within 24–48 hours. After approval, the customer remits payment directly to FedaCash based on the agreed terms.
Cooperatives and loans that enable group savings starting from ₦2,000, with access to loans after 3 months at 5–15% rates, offered through savings packages such as OMA, IMARA, MWAMBA, and AKO.

Available on Web.

Built for Nigerian NMEs, SMEs, and SME vendors to large corporations that need faster access to working capital without relying on traditional business loans.

Notable for focusing on invoice-based working capital and cooperative savings for NMSMEs in Nigeria, including partnerships with larger corporations (anchors) to support vendor financing and improve payment cycles.

Social Links:

Categories:

Fintech

Features & Business Model:

b2b invoicing lending saas savings