Sproutly

Sproutly is a Nigerian fintech platform that provides financial services for educational institutions and families, including billing, invoicing, payment collection, expense management, and education-focused credit.

Key capabilities include:

• Sproutly Books (for institutions): A web-based financial management dashboard for e-invoicing, automatic receipts, tuition collections, and expense tracking, designed to help schools manage income and spending in one place.
• Sproutly Pay (for families): A mobile experience for paying school fees, saving, managing a wallet, and storing instant receipts.
• Cowri (fee financing): An installment plan that pays schools 100% upfront while parents repay monthly with 2% interest, positioned for subscription-style school fee payments.
• Education support programs: Teachers’ laptop financing with flexible plans starting from 2% monthly (with free MTN internet) and Ulo, a community-based option for supporting school funding needs.

Available on Web, Android, and iOS.

Target users include K-12 schools, universities, polytechnics, edtech companies, examination bodies, plus parents, students, teachers, and alumni associations.

Sproutly is notable in Nigeria’s education market for combining school finance operations (invoicing, receipting, collections, reporting) with consumer tuition payments and structured credit options. The platform also states it is NDPR certified and stores encrypted data on Amazon Web Services.

As of Jul 6, 2026, Sproutly is rated 4.2 on the App Store from 5 reviews and 4.3 on Google Play from 82 reviews with 10K+ installs.