Build Credit, Send Money, Pay Quickly—All in One App
Effortlessly manage your finances, send money locally and internationally, and make fast payments—all while building your credit with Mymo.
Take a look at our set of features
Instant Loans
As a verified and right-standing member, you are immediately eligible for a minimum instant loan of 2500 XAF ($5) anytime. Your maximum loan amount (loan limit) would change as your grow your reputation on Mymo.
P2P Lending
As a verified and right-standing member, you are immediately eligible for a minimum instant loan of 2500 XAF ($5) anytime. Your maximum loan amount (loan limit) would change as your grow your reputation on Mymo.
Cash In / Cash Out
Easily manage your funds with Mymo's flexible Cash In and Cash Out options. Whether you’re adding money or withdrawing, we offer multiple methods for your convenience. Use Mobile Money, Bank Transfers, Cards, or even Cash deposits to load your wallet, and access your funds through bank accounts or mobile wallets when you need them. With Mymo, it’s fast, secure, and easy to control your finances and build your credit.
Money Transfer
Send money with ease using Mymo’s free transfer service, even for international transactions. Whether you’re sending funds locally or across borders, we ensure your money reaches its destination quickly and securely without any fees. For international transfers, we make a small margin on exchange rates, ensuring transparency in every transaction. Transfer money to anyone, anytime, and experience hassle-free, borderless financial freedom with Mymo.
Quick Pay
With Mymo’s QuickPay feature, paying or receiving money has never been easier. Simply scan a QR code to instantly make payments, whether you're sending funds to another user or paying at a business. You can also generate custom QR codes through our PayMe feature, specifying amounts, payment descriptions, and more for different use cases. Perfect for business owners looking to capture quick payments or for personal transfers, Quick Pay streamlines your transactions, making them faster and more secure than ever.
Create & manage lending circles
Easily create and manage your own lending circle. Set the rules, invite members, and keep everything organized—whether it’s for family, friends, or a community group.
Customizable rules
Tailor loan amounts, contribution schedules, and interest rates. Track each contribution with clarity for transparent management.
Build credit together
Strengthen your financial profiles by participating in lending circles, which help build credit through consistent contributions, community trust, and responsible financial behavior.
Cash Collection / Payment API
Simplify payments with Mymo’s powerful Collections API, designed to handle everything from single to recurring transactions, ensuring secure and seamless payment experiences for your customers.
Scoring API
Our scoring API provides authorized institutions and businesses with data important in making key decisions about customer ability and eligibility for things like installment-buying or external loans provided by such businesses.
Credit & Risk Assessment
With our advanced Credit and Risk Assessment API, your business can offer flexible financing options, including Buy Now, Pay Later (BNPL). Use this feature to safely extend credit to customers, backed by Mymo’s reliable scoring and risk evaluation algorithms.
Mymo's Building Blocks
Mymo is designed for precision, intelligence, speed and accuracy. Here are the building blocks!
AI/ML Based Decisions
As we learn and collect the information we need, we continually test & tweak our AI-based algorithms for optimal decision making and excellent member classification.
Member-centric Design
Our members are the inspiration from which me design Mymo. We have worked hard to make the platform relays top-notch user experience to our members. Our member care program is attentive to member needs and ensures that we provide user support in a timely fashion.
Due Diligence
Our smart-audit an verification process is robust. We have spent a lot time and put a lot of thought in designing our due-diligence subsystems in a way that ensures our members are traceable, compliant with the law, trust-worthy and have true identities.
Compliance
We keep working with compliance experts to ensure that we meet up with standards and continue to deliver the best possible service to our members.
Take control of your personal finances today
“Every financial move you make shapes your credit and financial future. With Mymo, every transaction—whether it’s a payment, transfer, or loan—works towards building a stronger credit profile. Our platform offers you full control over your financial journey, giving you the tools to track, manage, and optimize your spending. From everyday payments to community-driven lending, Mymo ensures that every action counts, helping you take charge of your credit and grow with confidence.”
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Download app & register
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Submit documents, get verified.
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Receive, grant loans, cash in & cash out
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Build credibility
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Raise your score take bolder steps!
Frequently asked question
You have questions and we have answers
Does Mymo grant interest free loans?
Mymo offers direct loans with a fixed interest rate of 10%. However, in our peer-to-peer (P2P) lending system, community members can lend to each other at interest rates ranging from 0% to 10%. Even interest-free loans in P2P lending count toward building your credit score. We ensure fairness by capping interest rates, protecting users from exploitation, and fostering responsible borrowing and lending practices.
Can I pay back in installments?
Yes, you can! Mymo allows users to repay loans in installments. You can choose the number of installments that best suits your financial situation, with a minimum of 2 installments and a maximum of 10. Since most loans are micro loans, the flexibility in repayment terms ensures that you can manage your finances effectively while building your credit.
How is the credit score calculated?
Your credit score is calculated based on the information you authorize us to access, including your employment status, monthly income, transaction history, and loan-repayment behavior. By evaluating these factors, we can build an accurate and reliable credit profile to help you access better financial opportunities.
How can I improve my credit score?
To improve your credit score, focus on making timely loan repayments, maintaining a steady income, and consistently engaging in responsible financial behavior. Regularly track your transactions, participate in lending circles, and build positive credit history through responsible borrowing and repayment. The more reliable and consistent you are, the better your credit score will become over time.
Is my information available to the public?
No, your personal information is secure and not shared with the public. Mymo values your privacy and follows strict security measures to protect your data. We only use your information to calculate your credit score and improve your financial experience, and we never share it without your consent. You have full control over what data is shared and how it’s used.
What if I can't pay back on time?
If you’re unable to repay your loan on time, it’s important to communicate with us as soon as possible. We understand that life can be unpredictable, and we’ll work with you to find a solution, whether it’s adjusting your repayment plan or extending the loan term. Late payments may impact your credit score, so it’s best to stay in touch and manage any difficulties early on to minimize any negative effects.
What is the maximum amount I can collect?
The maximum loan amount you can collect depends on several factors, including your credit score, income, and loan history. We assess each request individually to ensure the loan is manageable based on your financial situation. Generally, the amount you qualify for will grow as you build a positive credit history with us.
Reach out and connect with us.
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Phone
+237 682799286
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