Powering fair, accessible credit across Africa
Credlock turns smartphones into secure collateral to deliver instant, affordable credit. We connect finance partners, merchants, POS agents, and customers in a trusted marketplace built for real life.
Our Mission
To unlock opportunity for Africa 's unbanked and underbanked by providing simple, transparent device‑collateralized credit that helps people live and work better—while keeping full access to their devices.
What we do
- • Provide a revolving line of credit through FoneFlex
- • Offer Smartphone Financing (BNPL) with clear installments
- • Equip merchants and agents with the Credlock app
- • Enable finance partners to deploy capital with reduced risk
Our Products
Credit that fits real life
Two ways to access fair, device‑collateralized credit.
Revolving line of credit—secured by your smartphone
Access up to ₦50,000 instantly at low, transparent rates. Repay anytime and redraw as you build trust. Approvals happen through nearby FoneFlex agents.
Own the phone you want—pay over time
Make a low upfront payment and repay in clear monthly installments (typically 3–6 months). Approvals are instant in‑store at partner merchants and POS agents.
How it works
Find a location
Use /shop to locate a nearby FoneFlex agent or partner merchant.
Verify device & KYC
Bring a compatible smartphone and basic identification.
Get instant decision
Approvals happen in minutes with a simple, transparent flow.
Repay & build credit
Make payments on time and grow your limit over time.
Built for every stakeholder
Deploy capital with confidence
- • Vetted customers
- • Automated collections
- • Risk‑adjusted returns
Grow sales and earn commissions
- • Sell via BNPL
- • Issue credits on the spot
- • Real‑time analytics
Access fair, flexible credit
- • Keep your device
- • Clear terms
- • Instant approvals
Bank‑Grade Security
Encrypted systems and secure operations.
Regulated Platform
Built to align with local regulations.
ISO 27001 Practices
Information security best practices.
Where we operate
We operate nationwide across Nigeria through a fast‑growing network of 2,000+ agents and partner merchants, with coverage in several states across the country.
Credlock App
The unified app for smartphone merchants and FoneFlex agents—available on iOS and Android.
Ready to get started?
Find a nearby FoneFlex agent to apply, or partner with us as a FoneFlex agent.