Access transparent, payroll-linked financing to buy the things you need, without the stress of traditional loans.
Automate your internal underwriting and gain a new stream of high-quality, low-risk customers.
Get the things you want today with Keltox. We offer a simple, transparent, and payroll-linked way to finance your purchases. No interest, no hidden fees, no surprises.
The credit market is filled with confusing terms and costly rates. We’ve built a better way. Keltox facilitates a clear, trade-based model. We show you the total cost upfront with a single, fixed fee. The price you see is the price you pay. Always.
Complete our quick, one-time digital onboarding to get your pre-approved credit limit.
Identify what you want to buy, from a trusted vendor.
Review a clear, transparent offer with a fixed fee and a simple installment plan.
Our partner bank pays the vendor directly. You get your item and repay in simple, automated installments.
Built by an experienced fintech team, Keltox is a credit platform that provides banks with both API-first infrastructure to automate their internal underwriting and a steady stream of pre-vetted, high-quality customers.
Manual underwriting is a bottleneck. It limits your velocity, increases operational costs, and prevents you from serving your existing customers efficiently.
Acquiring new, creditworthy customers is expensive and fraught with risk, especially in the open market.
Integrate our powerful, API-first creditworthiness engine into your systems. Drastically reduce loan processing times for your walk-in and app-based customers, make better data-driven decisions, and lower your operational overhead.
Tap into our flagship consumer app to access a pre-vetted pipeline of salaried employees. Our ethical, payroll-linked model ensures a high-quality, low-default portfolio, feeding sustainable growth for your loan book.
What is Keltox?
Keltox is a financial technology platform, not a bank. We provide the technology to facilitate ethical, transparent, and payroll-linked financing for salaried employees in Nigeria. We connect you with our partner financial institutions to help you purchase the goods and services you need.
Who is eligible to use Keltox?
Our platform is designed for verifiable, salaried professionals. To be eligible, you must have a valid BVN and NIN, a steady source of income paid into a verifiable bank account, and meet the creditworthiness criteria set by our platform and our financial partners.
How do I get started?
Simply download the Keltox app from your app store, create an account, and complete the one-time profile and verification process. Our automated system will then assess your information and provide you with a pre-approved spending limit.
Is Keltox a loan? Do you charge interest?
No, Keltox does not offer traditional interest-based loans. We facilitate a trade-based financing model known as Murabaha. Our partner bank purchases the asset you want on your behalf and then sells it to you at a pre-agreed price, which includes a fixed profit margin (or financing fee). This total price is then split into simple, equal installments. We are completely transparent—the price you see is the price you pay, and it never changes.
What can I buy with Keltox?
Keltox is a “spend-only” credit platform designed for purchasing specific goods and services. You can use it to finance a wide range of items, from electronics and home appliances to vehicles and more, from vendors approved within our partner bank’s network. Our platform is not for cash withdrawals.
How is my spending limit determined?
Your personalized spending limit is determined by our automated creditworthiness engine. It analyzes several factors in real-time, including your verified income, existing financial commitments, and credit history, to arrive at a responsible limit that you can comfortably afford.
How do I make repayments?
Repayments are designed to be simple and automated. By linking your salary account, you authorize a payroll-linked direct debit. On each due date, the installment amount is automatically deducted from your account. This ensures you never miss a payment and helps you build a positive credit history.
What happens if I miss a payment?
We do not charge punitive, compounding late fees or interest. However, a missed payment is a breach of your agreement and can negatively affect your credit history with us and with national credit bureaus. Your account may be temporarily restricted until the outstanding payment is resolved. We strongly encourage you to reach out to our support team if you anticipate having difficulty making a payment.
Can I repay my financing early?
Yes, you can choose to pay off your outstanding balance at any time through the app without any penalties.
Is my personal and financial information safe with Keltox?
Absolutely. We take your security and privacy very seriously. We use bank-grade encryption and security protocols to protect all your data. We are fully compliant with the Nigeria Data Protection Regulation (NDPR) and will never sell your data to third parties.
Why do you need my BVN and bank account details?
Your BVN is required for mandatory identity verification as stipulated by Nigerian financial regulations. Linking your salary account is necessary for us to verify your income, which allows us to assess your affordability and provide you with a responsible credit limit. This connection is made securely through encrypted, regulated channels.
