Welcome to FastMonie.
These Terms and Conditions (“Terms”) govern your access to and use of www.fastmonie.com (the “Website”) and all products, services, platforms, and applications provided or operated by FastMonie (collectively, the “Services”).
By accessing or using the Website or any of our Services, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you must immediately discontinue your use of the Website and Services.
FastMonie provides innovative financing solutions structured through trade-based, service-based, and deferred payment arrangements with clear terms, transparent pricing, and responsible business practices.
FastMonie is not a bank, microfinance bank, or deposit-taking institution, and does not accept public deposits.
To use our Services, you must:
● Be at least 18 years of age
● Have legal capacity to enter into a binding agreement
● Provide accurate, complete, and current information
● Reside in a jurisdiction where Sohih operates
● Use the Services only for lawful purposes
We reserve the right to decline, restrict, or terminate access where eligibility requirements are not met.
Subject to approval and availability, FastMonie may provide:
● Personal and business loans structured through trade, service, or deferred payment arrangements
● Buy Now, Pay Later (BNPL) financing solutions
● Co-financing and partnership arrangements
● Account, application, and transaction management services.
All Services are provided at FastMonie’s discretion and are subject to internal review, risk assessment, and compliance checks.
● Users must complete all applications truthfully and in full.
● Submission of an application does not guarantee approval.
● FastMonie may conduct identity verification, background checks, and lawful credit assessments in compliance with applicable consumer protection and data protection laws.
● Approval decisions are made at FastMonie’s discretion.
● Upon approval, users will receive a clear agreement outlining payment amounts, repayment schedules, and all applicable fees and charges.
● FastMonie provides loans through structured financing arrangements rather than conventional interest-based lending.
● All applicable fees, charges, and pricing are disclosed upfront before any agreement is executed.
● Pricing and repayment terms are fixed or clearly determinable and are not subject to hidden or compounded charges unless expressly stated in the applicable agreement.
● Customers will receive full details of the applicable pricing, fees, repayment schedule, and key terms before accepting any financing offer.
● By using our Services, you acknowledge and accept the applicable financing structure and pricing terms.
You agree to:
● Provide and maintain accurate personal, financial, and banking information
● Comply with all applicable laws and regulations
● Keep your account credentials confidential
● Regularly review your account and obligations
● Promptly notify FastMonie of any material changes to your information
● Be responsible for all activities conducted through your account.
● Payments must be made strictly in accordance with the agreed repayment schedule.
● Approved payment methods may include bank transfers, debit cards, or other authorized channels.
● Where legally permissible and in compliance with applicable regulations, FastMonie may report unresolved payment defaults to recognized credit bureaus.
● FastMonie prioritizes communication and amicable resolution before taking any enforcement action.
A default occurs when agreed payment obligations are not met.
In the event of default, FastMonie may:
● Contact you to seek resolution.
● Restrict or suspend access to our Services.
● Engage lawful recovery procedures.
● Initiate legal recovery proceedings where necessary.
Any recovery action shall be reasonable, proportionate, and conducted in compliance with applicable laws and consumer protection regulation.
All content on FastMonie.com, including text, graphics, logos, designs, and software, is the property of FastMonie or its licensors.
No content may be reproduced, distributed, or exploited without prior written consent.
FastMonie is committed to protecting your personal data.
● All collection, use, storage, and disclosure of personal information are governed by our Privacy Policy, which forms an integral part of these Terms.
● By using the Services, you consent to data processing as described in the Privacy Policy and in accordance with the Nigeria Data Protection Regulation (NDPR).
● To the maximum extent permitted by law, FastMonie shall not be liable for any indirect, incidental, special, or consequential damages arising from your use of the Website or Services.
● Nothing in these Terms shall limit or exclude any liability where such limitation or exclusion is prohibited by applicable law.
● Any liability arising directly from the Services shall not exceed the total amount paid by you in relation to the specific transaction giving rise to the claim.
You agree to indemnify and hold harmless FastMonie, its officers, employees, and partners from any claims, losses, liabilities, damages, or expenses arising from:
● Your misuse of the Services.
● Your breach of these Terms.
● Your violation of applicable laws or the rights of any third party.
FastMonie may suspend or terminate access to the Services, with or without prior notice where reasonably necessary, if:
● These Terms are breached.
● Fraud or misuse is suspected.
● Required by law or regulation.
● Continued access poses a risk to Sohih or other users.
Outstanding payment obligations shall remain payable notwithstanding the suspension or termination of your access to the Services.
These Terms shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria.
Any dispute arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of the Federal Republic of Nigeria.
FastMonie may revise these Terms from time to time by posting updated versions on the Website.
Where changes materially affect user rights or obligations, reasonable notice will be provided. Continued use of the Services after such changes take effect constitutes acceptance of the revised Terms.
You consent to receiving communications electronically, including by email, SMS, and through the Website.
Your electronic acceptance of these Terms constitutes a legally binding agreement.
For enquiries, complaints, or support, please contact us:
Website: www.fastmonie.com
Email: info@fastmonie.com
By accessing or using the Website or any FastMonie Service, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.