CreditRegistry has been providing reliable and quality services for 20 years, and in that time, we've helped countless individuals and businesses get their finances back on track. We understand that credit is an important part of our lives, and have worked hard to ensure that our customers receive the best possible services. Our commitment to accuracy, transparency and customer satisfaction sets us apart from other credit bureaus - and has helped us become the go-to source for making dreams come true!

Over the past 20 years, we have faced many challenges and opportunities, and we are proud of the growth and success we have achieved. From our humble beginnings as a small start-up, we have evolved into a well-respected industry leader, and consolidated our status as the pioneer and largest credit bureau in Nigeria.

Since 2003, we have had the pleasure of supporting hundreds of financial institutions and creditors to successfully manage the credit information for millions of consumers and small businesses. As a result, in 2022 our subscribers were able to access credit information for billions of consumers and increased digital retail lending transactions by 95% using our bureau APIs.

Let’s take you through our journey in the last 2 decades.

2003 -January 3, 2003 CR Services Ltd. was incorporated in Nigeria. We then went on to partner with the Credit Risk Management Association of Nigeria (CRIMA) to conduct technical trials with 48 commercial banks for which we received 94% approval ratings. By December 2003, our credit bureau went LIVE with 2 banks uploading credit history of over 60,000 records.

2004 - In a landmark achievement, CreditRegistry introduced biometric technology (i.e. finger, facial and iris) into the CreditRegistry platform in 2004, thus becoming the first credit bureau in the world to achieve such a feat. Years later, this led as the example for the predominant use of biometrics in the financial sector in Nigeria, and for what we know today as Bank Verification Number (BVN)

2007 - CreditRegistry capitalized to One Billion Naira and became a public liability company.

2008 - CreditRegistry diversified its subscriber base to include non-bank creditors.

2010 - CreditRegistry obtained a Final Operating License from CBN in 2010. This was also the year that our database hit the 10 million records mark. We also released a new product Portfolio Monitoring Report and we became the first bureau to offer credit bureau scores in Nigeria, known as SMARTScore.

2011 - CreditRegistry achieved 100% coverage of commercial banks with a database in excess of 12 million records. We rolled out new products such as 'Campaign Report', 'ELVIS' and 'ESL'.

2014 – 2018 - CreditRegistry hit profitability at an 858% increase from 2013. Our database grew to over 40 million records from a diverse range of subscribers.

2019-2021 - Our data grew to over 60 millions records and we introduced a new product line consumers and small businesses called CreditConnection.

2022 - Our subscribers increased digital retail lending transactions by 95% using our bureau APIs.

We are excited to see the milestones we would be hitting this year and we hope you are to. At CreditRegistry, we believe that access to accurate and comprehensive credit information is an important tool for financial success. That is why we go above and beyond to provide the most comprehensive credit data from our robust database, to help you make informed financial decisions and reduce credit risk.

As we look ahead to the next 20 years, we’re excited to continue to provide our customers with the best services and resources. We’re committed to helping our customers reach their financial goals and make their dreams come true, and look forward to continuing to provide our customers with the credit services they need and deserve.

To mark this important milestone, we’d like to thank our customers for their continued support and trust. We’re so proud to have been part of this journey with you!

To mark this special occasion, we will be giving out a 10% discount for all credit reports spooled this week. Simply use the code ANNIVERSARY at checkout to get this discount.

Our dedicated team is committed to helping you navigate the world of credit with ease and confidence.

 To learn more about what we do at CreditRegistry, click creditregistry.ng