Question 1

What is Zedvance and how does it work?

Accepted Answer

Zedvance is a Nigerian financial services company that provides personal and business loans, digital wallets, and banking services. You can access instant loans, open bank accounts, make bill payments, and transfer money through their mobile app or website.

Question 2

How much does Zedvance cost?

Accepted Answer

Zedvance's costs are based on the loan amount, repayment term, and an interest rate that typically ranges from about 3%–20% monthly (or varies by product and risk profile), so the exact cost is determined during application.

Question 3

What countries does Zedvance operate in?

Accepted Answer

Zedvance primarily operates in Nigeria. While the company has stated ambitions to expand across Africa, it currently serves customers in Nigeria.

Question 4

How do I sign up for Zedvance?

Accepted Answer

You can sign up for Zedvance by visiting the official website and selecting “Apply Now,” or by downloading the MoneyPal (Zedvance loan app) or applying via WhatsApp with their official loan channel.

Question 5

Does Zedvance have a mobile app?

Accepted Answer

Yes, Zedvance has mobile apps available on both Android (Google Play) and iOS (App Store) called Zedvance: Loans & Bills, allowing you to access loans and financial services directly from your phone.

Question 6

Who is Zedvance best suited for?

Accepted Answer

Zedvance is suited for individuals seeking personal or salary-backed loans and small to medium-sized businesses needing working capital, invoice financing, equipment financing, or trade finance solutions.

Question 7

How do I contact Zedvance support?

Accepted Answer

You can contact Zedvance support by calling their customer care line at 0701001000, or by using their support/help channels within the Zedvance app or website.

Question 8

Does Zedvance have a plan for teams or businesses?

Accepted Answer

Yes, Zedvance offers business solutions through its BusinessPlus offering, which includes business accounts, SME loans, business bill payments, and payment tools like POS and payment links. They also provide commercial financing solutions for larger enterprises.

Discover Products, Get Discovered.