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ZoroPay

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Consumer direct lender offering stress-free edu-funding for education.

Overview

ZoroPay functions as a consumer direct lender, focusing on edu-funding solutions for education in Nigeria and international funding for students aiming to enroll in partnered universities in the United States and Canada. The company utilizes artificial intelligence and machine learning to enhance the loan approval process, offering personal loans, installment loans, and lines of credit that are customized to meet individual financial requirements. The platform links learners with licensed lending institutions, enabling direct payments to educational institutions without necessitating co-signers or collateral. Aimed at parents and learners, ZoroPay seeks to mitigate financial obstacles to education, thereby improving access to quality education and allowing for repayment after graduation, contingent upon borrowers securing employment.

Key facts

Founded
2021
Headquarters
Lagos, Nigeria

Business model

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About ZoroPay

What does ZoroPay do?

ZoroPay functions as a consumer direct lender, focusing on edu-funding solutions for education in Nigeria and international funding for students aiming to enroll in partnered universities in the United States and Canada.

Where is ZoroPay headquartered?

ZoroPay is headquartered in Lagos, Nigeria.

When was ZoroPay founded?

ZoroPay was founded in 2021.

Which sector is ZoroPay in?

ZoroPay operates in Digital Lending, part of Financial Technology.

Who are ZoroPay's competitors?

Companies similar to ZoroPay include Sproutly, Flevo, and Tokey.