In this short post, you’ll learn how to build loan Apps like FairMoney, FastMoney And co.
Creating a loan app like the one mentioned above isn’t an easy task but not impossible.
Meaning if you have the right technical knowledge you can get it done all by yourself without anyone’s help but if you don’t have coding skills we can help you build your loan app for you in a matter of days.
If you want to go with us all you have to do is contact us and let’s know some details about your project and we’ll take it up from there.
So are you ready to learn how to create a loan app in Nigeria now?
If yes let’s begin…
Well, before you get started the first thing you need is capital.
A lot of capital which you would use to borrow initial loans and to create your loan app.
It would be best if you also had a way to get back your money with interest.
Nigerians hate paying loans.
You need to build the app.
You might have to pay to access many APIs you might need when building.
Lastly, you need money for marketing.
You see all those carbon ads on Facebook, YouTube and Google.
They were aren’t cheap but they’re making a lot of returns from the ads.
They could be spending as much as 10k dollars a day on just advertising.
So make sure you have enough money enough before you start this type of business.
For development, you need a team.
A team of professional developers that can get the job done effectively.
You’ll need the following experts to get started
- A UI/UX designer who will make your design.
- A project manager who will oversee the project.
- A front-end developer and a back-end developer for the web application.
- A mobile app developer for the mobile app.
That is the list of developers you need to get your project done faster and deliver quality products to the markets.
So If you want to use native code.
You would need a Java/kotlin developer to make an app for Android and a swift developer to make the app for iPhone.
If you want to go hybrid, the app could be made with flutter or react native.
It would be best if you had money.
It would make the whole process easy and faster.
At least you should have NGN20m to 50m to get started.
Salaries for the development team who would build the product are included.
Top UI UX designers, project managers and developers aren’t cheap.
You need to market the product.
Digital marketing is expensive but cheaper than the Lagos billboard.
You also need to pay to use APIs which is also costly too.
For instance, Paystack BVN API is 0.10 kobo per API call.
Looks cheap but calculate the cost if 10000 people make use of that API at any point in your application.
That’s huge right?
All you have to know is a strategy to get your money back with good profits so that you can still remain in business for long.
We know that this process is tedious and quite tough but we at Triple Internet get your back.
We can get your loan app done for you at a very affordable rate and not only that, but we also render any website and digital marketing-related services.
All you have to do is to click here to contact us or use the number below this page or the Whatsapp button to reach out to us now, let’s discuss your project today.
Don’t hesitate to reach out to us for all your Digital marketing and web designing project today.