Specta

What it does

Specta is Sterling Bank's digital lending product launched in 2018, offering instant personal and business loans to Nigerians. The platform uses an algorithmic credit scoring model to provide loan decisions within seconds, without collateral or physical documentation. Specta offers personal loans, business loans, and salary loans with competitive interest rates, and is accessible via web and mobile interfaces. As a product of Sterling Bank (listed on the Nigerian Exchange Group), Specta leverages the bank's regulatory license and funding base to scale lending in Nigeria's growing digital credit market.

Model & industry

Sibling products

External links