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Lagos-based One Credit offers personal and small business loans and savings products to customers in Nigeria.
One Credit offers instant personal and business loans with no collateral required, a 12-month fixed savings product and a debit card called #PinkPassport. It targets individuals and small business owners who are often underserved by traditional banks, and earns revenue from loan interest and card fees. The company is based in Lagos and is at Seed stage. Kaizen Venture Partners acquired it in a deal dated June 1, 2011.
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