Riby

Riby is a digital financial services platform for Nigerian cooperatives, savings groups, associations, trade groups, and micro and small-scale enterprises that need to manage group savings, loans, and collections digitally.

Key capabilities include:

• Savings and contribution management for members, with support for making savings at a chosen frequency and tracking balances and receipts.
• Loan management for groups, including loan borrowing, disbursement, and repayment tracking for members, plus access to funding opportunities through partner financial institutions.
• Thrift and cooperative collection through Riby CoAgent, built for field collection and administration of cooperative and thrift activities.
• Agency banking transactions via Riby Agent Network for carrying out financial services and transactions.

Available on Web and Android (mobile apps include CoBanking, Agent Network, and CoAgent; RibyGo for individual or group savings is listed as coming soon).

It is designed for a B2B2C audience, serving cooperative admins, group executives, agents/collectors, and the individual members they manage.

In Nigeria, it is notable for focusing on digitising cooperative and thrift workflows so groups can reduce paperwork and connect to formal financial services through partnerships with banks, payment, and card processing companies.