PayHippo – Everything You Need to Know

Do you need loans to finance your business? Well, many digital lending platforms can provide instant loans and one of them is PayHippo.

PayHippo is one of the AI-Driven digital lending platforms in Nigeria that offers loans to entrepreneurs. Through PayHippo, you can get a loan within 3 hours after completing and submitting your application. Of course, getting loans from them is easy, convenient, and safe.


PayHippo – Who They Are

PayHippo, founded in 2019, is a lending platform that offers loans to small and medium businesses in Nigeria. They make business financing very easy for business owners or individuals. Loan applications submitted to PayHippo are guaranteed to be reviewed and disbursed within 3 working hours.

PayHippo Loan Products

PayHiippo offers instant loans of up to ₦1,000,000 to individuals and businesses in Nigeria without collateral. They have two categories of loan offers.


The SMEs product provides loans to SMEs. Under this category, businesses can obtain the financing they need without having to go through a lengthy and complicated process and no collateral.


This loan product makes it easy for partners to loan money to their customers and track their transaction records.

How can I register on PayHippo?

To register on PayHippo, follow these steps:

  1. Go to and click on Get Started.
  2. Select if you want to register as a small business or partner.
  3. Submit your basic details and wait for verification.

You can also register through PayHipppo mobile app which can be downloaded on Google Playstore or iOS App Store.

PayHippo Loan Application Requirements

To get started on PayHippo, you will need to provide the following personal information:

  • Your first name and surname
  • Your date of birth
  • Your phone Number
  • An active email Address
READ:  Zedvance Loans: Everything You Should Know

How can I get a loan from PayHippo?

In order to get a loan from PayHippo, follow the steps below:

  1. Create an account on their website or use the official mobile app.
  2. After creating an account by providing the correct details, they will be reviewed and verified. After you have been verified, you will then be able to apply for a loan.
  3. Submit your loan application and wait for it to be approved within 3 hours.

You must pay back your loan when it is due in order to avoid any issues.

What is the interest rate for PayHippo loans?

The interest rate for PayHippo loans is 6% and 30-day loan duration. This loan interest rate is lower than the interest rates charged by other online loan providers or lenders in Nigeria.

How to download PayHippo mobile app on my Smartphone

To download the PayHippo mobile app, follow these steps:

  1. Open the Google Play Store on your Android device, or the App Store on your iPhone.
  2. In the search bar, type “PayHippo” and press enter.
  3. Once the app appears, click “download” and create your account.

What is the address and contacts of PayHippo?

174b Corporation Drive, Dolphin Estate, Ikoyi, Lagos, Nigeria.
Tel: 09045969825
Email: [email protected]

Leave a Comment