Is FairMoney registered with CBN? Are they Legit or Scam?

Are you curious about FairMoney? Wondering if it’s the real deal or just another scam? Let’s delve into the heart of the matter.

Is FairMoney registered with CBN?

Absolutely. FairMoney is officially registered with the Central Bank of Nigeria (CBN) as a microfinance bank. This seal of approval was stamped back in August 2019, granting FairMoney the green light to operate legally in Nigeria. But wait, there’s more.

Is FairMoney legit or a scam?

No smoke and mirrors here. FairMoney is the real deal. Since its inception in 2017, it has garnered legitimacy through its licensing and regulation by the CBN and the Nigerian Deposit Insurance Corporation (NDIC). Still skeptical? Keep reading.

Does FairMoney Call Contacts or Send Messages to Them?

Now, here’s a question on many minds. Does FairMoney reach out to your contacts? It’s a mystery worth solving.

Is FairMoney safe to use?

Your security is paramount. FairMoney takes no chances when it comes to safeguarding your information. With bank-grade security measures and encryption, your data is shielded from prying eyes. But that’s just the tip of the iceberg.


So, what’s the verdict? FairMoney is not just legit, it’s your passport to financial empowerment. From its official registration with the CBN to its ironclad security measures, FairMoney is a beacon of trust and reliability in the realm of financial technology. Ready to take the plunge? The world of financial freedom awaits.

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