“Can a salary-backed consumer lender become Africa's dominant provider of consumer financial services by anchoring on Nigerian public-sector payroll deductions?”
Princeps Credit Systems Limited, a subsidiary of Princeps Holdings Limited, is a Nigerian consumer lender focused on salaried workers and public servants. Its flagship product Credit Wallet provides salary-backed personal loans up to ₦5,000,000 to federal and state government employees, with additional products (Corper Wallet, Credit Lite, Credit Alert) targeting adjacent salaried segments. The company reports ₦25B+ disbursed to 70,000+ individuals across 100+ MDAs (Ministries, Departments, Agencies).
Princeps Credit Systems Limited's lending and capital products are provided by Princeps Credit Systems Limited (in-house).
Princeps Credit Systems Limited is founded in 2017 and headquartered in Ikeja, Lagos, Nigeria.
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