Earn up to  5% cashback helping your community build credit

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You don’t always have to send money to provide financial support. You can now help people back home access low interest loans on their own from a bank… and you earn cashback rewards just for helping! It’s free, secure and completed in seconds.

How to back a loan using SympliFi

Enter the amount

Enter the loan amount you want to back and the beneficiary details

Top up and hold

Top up your SympliFi wallet for the collateral amount to secure the loan. It securely stays in your wallet earning cashback.

Loan is disbursed to borrower and you earn cashback

Our bank partner in Nigeria performs a quick credit check on the borrower and instantly disburses the loan.

Provide continuous access to cash, without sending money

One collateral provides a lifetime of credit. As long as the borrower repays, they can get unlimited access to credit, anytime they need cash. You dont have to send money again.

Keep your money and move it for free

When the loan is repaid, you're free to move the money in your wallet to any U.K. or E.U. bank account for free!

Earn up to 5% cashback everytime

As the loan is repaid we release the collateral back to you plus up to 5% cash back on your collateral. The more you help, the more you earn.

Your credit score is never impacted

As a guarantor you are only responsible for the amount up to the collateral, nothing more! If the borrower defaults, we deduct the amount owed from your collateral. Your credit score is never impacted. 

Medical insurance, improve the health care of the family members

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What some of our customers have to say

SympliFi is a better way for serious minded people because you can’t continue to be a burden for other people
Comfort, Borrower Nigeria
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The SympliFi loan is better than begging people abroad for money
Mojisola, Borrower Nigeria

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My cousin in the U.K. was happy to assist me with a loan to help with my Uber business instead of me just bugging him for money
Joseph Michael
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Download the App to get started

Download the free App and get a £/€5 reward on the first amount you add to your SympliFi account!

Our Lending Partners

We only partner with accredited and regulated lenders.

Nigeria
Alert MFB

Empowering Micro and SME entrepreneurs across Nigeria. Operating since 2014 with 11,000 customers.

Grooming MFB

Providing financial services to people engaged in small trading and micro productive activities in Nigeria.

Alert MFB
Business Loan
Grooming MFB
Business loan
Educate
Business Loan
MicroHub
Business loan
Zimnat
Business loan
MCDaan
Business Loan
Baobab

Empowering Micro and SME entrepreneurs across Nigeria. Operating since 2014 with 11,000 customers.

Alert MFB
Business Loan
Grooming MFB
Business loan
Educate
Business Loan
MicroHub
Business loan
Zimnat
Business loan
MCDaan
Business Loan

Common asked questions

Why is a refundable collateral required?

It helps us verify that you have the financial capacity to serve as a guarantor, and that you trust the borrower to repay the loan. When the loan is repaid, you receive your collateral back in full. We have no additional recourse against you beyond the collateral and your credit score is never impacted.
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Who issues the loan to the borrower?

We work with regulated lending partners in Nigeria that partner with SympliFi to extend loans to individuals in Nigeria. The lender performs a quick credit check on the borrower prior to disbursement. The borrower in Nigeria is responsible for repaying the lender directly. If the borrower does not repay, the lender will make best efforts to collect from the borrower before they can request the collateral. 
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How does the cash back work?

You will earn 2% cash back on the collateral amount every time a loan is disbursed to your borrower and they repay the loan. The collateral is paid directly to your wallet. If the borrower defaults on the loan, you are not eligible for the cash back.
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