BlueRidge Micro Finance Bank
“Can automated micro-lending profitably serve Nigeria's financially underserved through instant mobile-first credit decisioning?”
Founded2019
HQLagos, Nigeria
IndustryFintech / Lending
The story
BlueRidge Microfinance Bank operates as OPay Microfinance Bank Limited, a CBN-licensed Nigerian microfinance bank. Its flagship consumer product is OKash — an automated mobile micro-lending app targeting financially underserved individuals in Nigeria with short-term loans approved in ~15 seconds and disbursed within 5 minutes. The bank sits within the broader OPay group and is positioned as a financial-inclusion lender rather than a full-service digital bank.
Last 12 months
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Product timeline
0
Launched OKash, an automated short-term micro-lending app for underserved Nigerians with sub-15-second loan decisioning.· lending
2019
BlueRidge Microfinance Bank founded in Lagos, Nigeria as CBN-approved microfinance bank.· banking
Regulated entities
1
regulatory licence held by BlueRidge Micro Finance Bank
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in BlueRidge Micro Finance Bank’s embedded-finance stack
Banking / BaaS
Lending
in the full report
Accounting gap: none
2 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.