Fewchore Finance Company Limited
“Can a CBN-licensed Nigerian finance company scale digital consumer and SME lending profitably while funding itself via domestic debt capital markets?”
Founded2017
HQLagos, Nigeria
IndustryFintech / Lending
The story
Fewchore Finance is a CBN-licensed Nigerian finance company founded in 2017, offering consumer and business loans, trade finance, asset finance, investment products, and financial advisory. It operates a mobile lending app (Fewchore Mobile) and taps domestic capital markets through commercial paper issuance on FMDQ. It has a small UK-based workforce contingent but is primarily a Nigeria-focused non-bank lender rather than an embedded-finance infrastructure provider.
Product timeline
2017
Founded and licensed by the Central Bank of Nigeria as a finance company.· banking
2024
Issued ₦0.44bn Series 1 Commercial Paper on FMDQ Exchange under a ₦5.00bn CP Programme.· lending
Regulated entities
1
regulatory licence held by Fewchore Finance Company Limited
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in Fewchore Finance Company Limited’s embedded-finance stack
Banking / BaaS
Fewchore Finance Company Limited (in-house)
Lending
in the full report
Accounting gap: significant
10 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.