QuickCheck
“Can an AI-scored, mobile-only lender become the default working-capital provider for Nigerian micro-entrepreneurs?”
Founded2017
HQLagos, Nigeria
IndustryFintech / Lending
The story
QuickCheck is a Nigerian digital lender operated by Arve Limited that started as an instant consumer nano-loan app and has moved upmarket toward SME/entrepreneur credit, extending tenors up to 12 months and ticket sizes up to ₦1M. Underwriting is AI-driven using device, transactional and BVN data, and the company recently rolled out NIBSS-style Direct Debit mandates to industrialize repayments. It remains a lender-first business, not a full neobank, despite marketing language around a 'banking experience'.
Last 12 months
—
Product timeline
2017
QuickCheck launched in Nigeria as an AI-powered consumer micro-lending app operated by Arve Limited.· lending
2025
Repositioned around business/entrepreneur loans up to ₦1,000,000 with 12-month tenors and Direct Debit repayment mandates.· lending
Regulated entities
1
regulatory licence held by QuickCheck
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in QuickCheck’s embedded-finance stack
Card network
Lending
in the full report
Accounting gap: none
4 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.