MFB
Alert Microfinance Bank (Alert MFB), in collaboration with CreditCorp and Visaro, have inaugurated a specialised Fly Now, Pay Later (FNPL) service to boost travel financing.
This three-way partnership is set to redefine travel accessibility for millions of Nigerians by providing seamless, flexible credit at the point of booking.
In an economic climate where rising airfares often limit personal and business travel, the collaboration offers a timely financial solution. The FNPL service enables travellers to book flights instantly and spread payments over a fixed period through manageable, low-interest instalments.
This initiative responds to the growing demand for credit-backed lifestyle solutions within Nigeria’s middle market. By combining Alert MFB’s robust credit infrastructure, CreditCorp’s financing support, and Visaro’s travel platform, customers can now avoid the burden of large upfront payments while enjoying a smooth booking experience.
The MD/CEO at Alert Group, Raji Saheed said Alert MFB mission has always been to empower customers through innovative financial solutions.
“Through our partnerships with CreditCorp and Visaro, we are extending that empowerment to travel, ensuring that financial constraints do not limit opportunities for movement, whether for business or leisure.”
He noted that the launch also aligns with Alert Group’s broader ‘Financial Supermarket’ strategy, which aims to provide a comprehensive suite of services spanning savings, asset management, and specialised credit offerings. The FNPL solution is expected to drive user growth for Alert MFB while enhancing the overall customer experience on the Visaro platform.”
He added that “travellers can access the FNPL option directly via the Visaro platform.”
Alert Microfinance Bank is a multi-award-winning financial institution and a core member of the Alert Group. Focused on SMEs and retail banking, Alert MFB is committed to building a sustainable financial ecosystem through innovative savings, loan, and investment solutions.
