About Us

Our Story.

In July 2015, Crystal Finance obtained her final approval license to operate as a Finance Company from the Central Bank of Nigeria and commenced full-fledged operations in January 2016. Setting out, we envisioned building an institution that would evolve into a go-to place for Small-and-Medium businesses seeking financing.

Thus, the company focused on:

• Establishing ourselves as a viable Finance Company through the entrenchment of our business processes and building an enduring organizational culture.
• Building a strong Corporate Governance culture.
• Conducting detailed market assessment to test our business plan assumptions regarding loans and fund management products.
• Hiring and training staff necessary to start and expand operations.
• Familiarizing the Board of Directors with the intricacies and practice of unsecured lending.
• Developing and institutionalizing operational policies and systems.

Within a short period of operation, our conservative operational posture enabled us achieve significant successes and earned us recognition from the public some of which include

• Most Customer-Focused Finance Company- Gold Award for by the West African Innovation Awards in 2018.
• Africa’s Best Premium Finance Company 2018 nomination by African Brand Congress.
• Most Trusted SME Consumer Finance Company Diamond Award 2020.
• Guardian’s Most Innovative, Value-Driven Credit & Loans Firm 2021.
• Vanguard’s CEO of Distinction 2021 to our Managing Director- Imhoudu Mamudu.

In 2021, the company saw the need to expand its clientele base by creating more inclusive investment solutions. This gave rise to the Crystal Investment Products- Crystal Bar, Crystal Drops and Crystal X. These products were designed to appeal to young professionals, self-employed individuals and savvy female investors.

As an Institution, we have remained invested in building a team of dedicated and experienced staff who have driven the vision to build a Financial Ecosystem where trust is the adhesive binding our lenders and borrowers and culminating to a situation where the borrowers’ reputation precedes them and becomes the currency, they will need to access a loan. This has improved access to funding for honest SME entrepreneurs and also driven down their cost of funding.

Another major aspect of our activities is our CSR initiatives where we have over the years, supported pupils and students of schools in our community as well as granted Entrepreneurial education and support to undergraduates who have genuine businesses and/or business ideas.

Continuing our tradition, we remain active in executing our CSR and fostering positive social impact every year.