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QuickCheck

quickcheck.ng

Founded Year

2018

Stage

Unattributed | Alive

About QuickCheck

QuickCheck is a mobile app providing microloans to Nigerian consumers in less than 5 minutes.

Headquarters Location

23 Agodogba Avenue Park View Estate

Lagos, 101233,

Nigeria

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QuickCheck's Products & Differentiators

    Micro-loans

    This comprises short-term loans of NGN30,000 – NGN1,000,000 ($70 - $2400) for 30 – 360 days based on eligibility criteria built around the Company's credit scoring model.

Latest QuickCheck News

Lendermarket platform adds Nigerian loan originator

Oct 12, 2022

Dublin-based peer-to-peer lending marketplace Lendermarket has added Nigerian fintech QuickCheck as its latest loan originator. The addition of QuickCheck means that Lendermarket users can now fund loans from Africa for the first time. It is the third loan originator to be added to the Lendermarket platform. QuickCheck provides 24/7 loans to Nigerian micro-businesses and consumers via a mobile app. The technology is a proprietary algorithm that uses big data and machine learning to score clients automatically. “By using a large amount of data to assess applications, QuickCheck is able to automatically determine the degree of probability that the applicant will repay the loan,” a Lendermarket spokesperson said. “The performance of QuickCheck’s loan book has been proven over several years. Non performing loans has remained at a very low level and its AI-based underwriting model ensures that the capital recovery rate remains high.” Since it was founded in 2017, QuickCheck has issued loans worth more than £45m, and has approved 1.7m loans out of 5.1m applications. Lendermarket will initially offer QuickCheck loans with target returns of up to 15 per cent, per annum. All listed loans will be covered with a 60-day buyback guarantee.

QuickCheck Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
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QuickCheck Frequently Asked Questions (FAQ)

  • When was QuickCheck founded?

    QuickCheck was founded in 2018.

  • Where is QuickCheck's headquarters?

    QuickCheck's headquarters is located at 23 Agodogba Avenue, Lagos.

  • What is QuickCheck's latest funding round?

    QuickCheck's latest funding round is Unattributed.

  • Who are the investors of QuickCheck?

    Investors of QuickCheck include Seedstars.

  • Who are QuickCheck's competitors?

    Competitors of QuickCheck include Kuda and 2 more.

  • What products does QuickCheck offer?

    QuickCheck's products include Micro-loans.

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