3 BNPL players in Nigeria right now

3 BNPL players in Nigeria right now


Hi esteemed consumer, wondering who the players of Buy Now, Pay Later (BNPL) are in Nigeria right now?

Truly, this unique approach is changing how consumers make purchases online and in physical stores, providing greater flexibility and convenience in payments.

BNPL is a FinTech solution that allows consumers to purchase any product they require without making an instant payment. It differs from the traditional credit card. The difference between a credit card and a BNPL solution is that many BNPL providers don’t charge any interest, as there is a fixed repayment schedule.


Here are 3 BNPL players in Nigeria


CredPal is a consumer credit company that provides buy-now-pay-later and credit cards in Nigeria. CredPal BNPL enables consumers to purchase anything online or offline and pay later in up to six months. Consumers can shop for items that range across electronics, gadgets, flight, clothing, furniture and many more. CredPal credit cards provide funds which can be used to take care of your urgent needs while you pay later.


Carbon is a buy-now-pay-later product that allows you to pay for items over four equal instalments at a ‘zero’ interest rate. Consumers can split anything from a phone payment to a vacation package. Its mission is to provide consumers with access to credit, simple payment solutions, high-yield investment opportunities and easy-to-use tools for personal financial management. Carbon is headquartered in Lagos, Nigeria.

Pay flexi

Payflexi is a buy-now-pay-later provider allowing consumers to pay smaller payments without interest, application, or fees. It offers a convenient way to pay and collect flexible payments online and in-store. Payflexi aims to solve the problem of consumers’ lack of access to formal credit occasioned by their lack of traditional collaterals, inappropriate conventional credit scoring systems and non-existent channels of accessing credit at the point of purchase.