Loan Apps

PayHippo Loan app: App download, Signup, Login, how to apply, Interest Rates, loan ussd code, customer care

In the fast-paced world of business, having access to instant loans can be a game-changer for entrepreneurs looking to fuel their ventures. PayHippo, a leading digital lending platform in Nigeria, stands out as a reliable source of quick and convenient financing for small and medium-sized businesses. Founded in 2019 by Chioma Ruky Okotcha, Uche Nnadi, and Zach Bijesse, PayHippo promises a loan within just three hours, making it a go-to solution for businesses in need.

Overview of PayHippo:

PayHippo is a technology-driven lending platform that specializes in offering collateral-free loans to individuals and businesses in Nigeria. With a focus on providing hassle-free financial solutions, the platform caters to both small and medium-sized enterprises through its two main products: SMEs and Partners.

  1. SMEs: Designed for small and medium-sized businesses, PayHippo’s SMEs product offers convenient, hassle-free, and collateral-free loans. This product aims to empower businesses by providing them with the financial support they need to thrive.
  2. Partners: The Partners product allows businesses to effortlessly offer loans to their customers while gaining valuable insights into their transaction records. This collaborative approach enhances the financial ecosystem, benefitting both lenders and borrowers.

How to Register on PayHippo:

Registering on PayHippo is a straightforward process, ensuring a smooth onboarding experience for users. Follow these steps to get started:

  1. Visit the PayHippo website and click on the “Get Started” toolbar.
  2. Choose whether you want to register as a small business or partner.
  3. Input your basic details and submit the necessary information.

Alternatively, users can register through the PayHippo mobile app, available on both the Google Play Store and the App Store.

Documents Required for Registration:

To complete the registration process on PayHippo, you’ll need the following details:

  • First Name
  • Surname
  • Email Address
  • Birth Date
  • Phone Number
  • Referral Code (if applicable)

Borrowing a Loan from PayHippo:

Securing a loan from PayHippo is a seamless process, ensuring quick access to much-needed funds for your business:

  1. Create an account via the mobile app or web platform.
  2. Complete your profile, and once verified, you gain access to loans.
  3. Apply for an instant loan on the platform and ensure timely repayment.

Interest Rates on PayHippo:

PayHippo’s loan offerings begin with short-term working capital loans lasting 30 days, featuring a competitive 6% interest rate. This rate is notably lower than what many other online lenders charge, making PayHippo an attractive choice for businesses seeking cost-effective financing.

Downloading the PayHippo Mobile App:

Follow these steps to download the PayHippo mobile app for easy and convenient access:

  1. Go to the Google Play Store or App Store on your smartphone.
  2. Search for “PayHippo” in the app store.
  3. Download the app and create your account to start your loan journey.

Contacting PayHippo:

For any inquiries or assistance, users can contact PayHippo through the following channels:


PayHippo emerges as a reliable partner for businesses seeking instant and hassle-free loans in Nigeria. With a user-friendly platform, competitive interest rates, and a commitment to supporting business growth, PayHippo stands out as a go-to solution for entrepreneurs in need of financial support. Whether you are a small business or a partner looking to offer loans to your customers, PayHippo provides a seamless and efficient lending experience. Unlock the potential of your business with PayHippo’s quick and accessible financing solutions.

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