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Get paid on invoices in 48 hours without collateral
FedaCash
A web-based financial management platform for Nigerian SMEs to generate branded invoices, access invoice discounting for quick cash advances, and join cooperative savings.
FedaCash Product Overview
Is FedaCash Right for You?
Liners prepares and updates these highlights as product information changes. Editorial standardsBest For
- Nigerian SMEs
- B2B sellers
What It Does Well
- Branded invoicing
- Invoice cash advances
Things to Check
- Invoice eligibility rules
- Cashout fees
About FedaCash
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.
FedaCash Facts
Liners compiles product facts from official websites, app stores, documentation, trusted public sources, and details shared by product teams during editorial review. We also consider crowdsourced updates when they include verifiable evidence, and refresh facts as information changes. How we source dataOperates In
Official Links
What it does
Pricing & Fees
Variable pricingGenerate Invoice: "Create professional, customizable invoices for free". Cooperatives & Loans: "Start saving from ₦2,000" and "access loans in 3 months at 5-15% rates".
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Frequently Asked Questions About FedaCash
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.
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.
FedaCash primarily operates and provides services in Nigeria.
You can sign up by creating an account on the FedaCash registration page and providing your personal and business information.
Freelancers, small business owners, and SMEs who need simple invoicing with customization, multi-currency support, and quick cash access.
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