Migo

Migo, founded in 2014 and operating from Nigeria, is an embedded lending platform that allows companies to extend credit to consumers and small businesses within their own applications. Partner firms integrate Migo's credit infrastructure by API, a process the company says can bring a lending product to market in under 30 days. The platform covers the full credit lifecycle: assessment, disbursement and collections are handled on the partner's behalf.

At the centre of the system is a proprietary credit risk engine built on machine learning. It analyses hundreds of real-time consumer data points to determine loan eligibility, interest rates and repayment plans, returning decisions within seconds. Technical work spans AI-powered credit risk assessment, real-time data analytics and API/integration infrastructure, alongside the operational plumbing of disbursement and collections.

Since 2014 the company has disbursed over 8 million loans and extended more than ₦100 billion in credit in Nigeria. It has raised $37.2 million, with institutional investors including The Rise Fund and Velocity Capital. Partnerships include Airtel, Interswitch and Support Microfinance Bank, and the company serves verticals including telecommunications, microfinance and banking, small business finance and consumer credit.

Migo states a commitment to transparent, fair lending without hidden fees or predatory practices, and holds NDPR/NDPA certification, indicating compliance with Nigerian data protection regulation. Its stated footprint is confined to Nigeria.