OPay is a popular FinTech platform in Nigeria that offers several financial services like money transfers, bill payments, and investments. But does OPay give loans directly?

The answer can be a bit confusing, so we are going to be clearing the air in this post.

Does Opay Give Loans?

OPay itself does not offer loan services to individual consumers. The company has always denied offering personal loans through its app. However, there are two scenarios where loans might be involved with OPay:

1. OPay Merchant Loans:

OPay partners with licensed Microfinance Banks (MFBs) such as Blue Ridge Microfinance Bank to provide loans to businesses registered on the OPay platform. These loans are for business needs, not personal finances. Click to learn more.

2. Partner Loan Applications:

Opay partner, Blue Ridge Microfinance Bank Limited, operates two loan apps. These apps are Okash and Easemoni. As a partner, Opay lists these apps on its platform to provide more exposure but these apps are not owned or operated by Opay. OPay is not responsible for the terms, interest rates, or approval process of these loans.

Here’s a quick table summarizing the key points:

Scenario Loan Availability Notes
Individual Consumer Loans No OPay does not offer personal loans.
Registered Business Loans Yes Partner with MFBs like Blue Ridge for merchant loans.
Third-Party Loan Applications Possible Redirect to other lenders’ platforms, not managed by OPay.


Q: Where can I find information about OPay Merchant Loans?

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A: Visit the OPay website or blog for resources and FAQs: https://saas.opayweb.com/

Q: Are there any risks involved in using third-party loan applications through OPay?

A: There are always risks in financial dealings. Always research the lender thoroughly, understand their terms and conditions, and be cautious of hidden fees or high interest rates.

Q: Can I trust the safety of my information when applying for loans through OPay?

A: OPay is a registered platform, and as such provides data security. However, when dealing with third-party lenders, ensure their platforms have secure practices and verify their legitimacy before sharing your information.

Q: What are some alternatives to OPay for personal loans?

A: Consider licensed banks, regulated MFBs, or reputable online lending platforms with transparent terms.


In conclusion, OPay will not borrow you money for your personal use, but its partner bank, Blue Ridge MFB, can give you through the Okash and Easemoni loan apps which are available for download on the Google Play Store.

Before making any financial decisions, remember to research thoroughly, compare options, and understand the risks involved.


Many loan apps change their interest rates and repayment terms over time. Always review the terms and conditions carefully before downloading any loan app. B4loan doesn't promote any loan app, we just help you make informed decisions.

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