Renmoney Wins BusinessDay Award for Consumer Lending

Renmoney won the ‘Consumer Finance Lender of the Year’ award at the 2018 BusinessDay Banking and Financial Institutions (BAFI) awards held on Friday, November 23, at the Lagos Continental Hotel.

The BAFI awards recognizes top players in Nigeria’s banking and financial sector for their outstanding performance and Renmoney’s award was in recognition of their efforts in driving the fintech lending value chain in the financial sector.

Chief Executive Officer, Tobi Boshoro, represented by Head of Commercial, Yetunde Faulkner, described the award as an indication that the initiatives being implemented by Renmoney, particularly regarding improved convenience and service delivery, were adding value to customers.

“We are pleased to be recognized for our efforts in leveraging technology to make credit more accessible to our customers. This award will encourage us to continue to build more convenient solutions for Nigerians,” she said.

Earlier in November, it was double honours for Renmoney at the Nigeria Finance Innovation Awards. While the company received the Consumer Finance Company of the Year award, the CEO, Tobi, was recognised as the ‘Woman of the Year: Fintech’.

The company also received the award for Excellence in Lending and Financing at the Africa Fintech Summit, also held in November.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via

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