Fast Credit Redeems Series 3 Commercial Paper Issuance

In an exciting milestone for the financial technology sector, Fast Credit Limited has recently marked a significant triumph with the timely and successful payout of their Series 3 Commercial Paper issuance. This accomplishment not only underscores the company’s financial prowess but also highlights its unwavering commitment to innovation and growth in the dynamic world of fintech.

Fast Credit’s CEO – Emeka Iloelunachi stated that the timely payout of Series 3 Commercial Paper was in line with earlier redemptions on Series 1 & 2 and therefore evidences the company’s core value of integrity, business innovations and strategic partnerships. “We have not only utilised the funds in expanding our impact in our niche market but have bolstered investors’ confidence in partnering with us in our goal of redefining customers’ experience through product innovations and value creation. These redemptions and the impending issuance of a N10billion Bond Program in April 2024 will further consolidate our successes and ultimately lead us to achieving the cardinal goal of being the leading non-bank financial institution with shared values; nationwide and beyond. 

“As the company celebrates this success, the board and management, wishes to acknowledge the collective efforts of its investors, customers and dedicated team, whose commitment and ingenuity have played a pivotal role in reaching this milestone,” he said.