Vale Finance Limited has rapidly expanded its digital-finance business, with customer placements rising from ₦100 million in 2022 to more than ₦10 billion, while transaction value reached ₦790 billion by July 2026.
The CBN-licensed finance company, which began operations in 2022, now has more than 150,000 users and has disbursed approximately ₦100 billion in loans across areas including working capital, asset financing and LPO financing. Vale has also expanded from savings and investments into lending and business banking.
The scale-up matters because it shows how quickly a privately held Nigerian finance platform can expand its customer base and transaction activity without reported venture-capital funding. However, the figures are company-reported growth metrics rather than audited financial results, so they should not be interpreted as equivalent to revenue or profit.
Vale says its next target is ₦200 billion in customer placements by 2030, meaning the company plans to increase its current placement base roughly twentyfold.
Investors watching Nigeria's fintech and alternative-finance sector should therefore focus on whether Vale can convert its rapidly growing transaction volumes into sustainable earnings while maintaining credit quality and regulatory compliance.
