For banks
Midas, in your bank’s name.
Car finance inside your own app, for the customers you already have. Zero licence fee.
3-minute application. Our partner banks find you the best financing.
Free to apply · 5-year manufacturer warranty · 7 showrooms nationwide
Zenith BankGTBGTBankFBNFirst Bank
UBA
Stanbic IBTC
Wema Bank
Globus Bank
Zenith BankGTBGTBankFBNFirst BankUBAStanbic IBTCWema BankGlobus Bank
Every car shows its monthly price. Brand new, with the manufacturer’s warranty.
₦348,007BEST₦372,400₦391,880Every bank sends its price to one screen. You choose.
You pay your down payment to the bank. The bank pays the showroom, and you collect your keys.
Want the numbers before you choose? Open the loan calculator →
Monthly price = the best bank offer today at the shown down payment. Your own offer depends on your income.
* Prices exclude 7.5% VAT.
What you need: your ID · your phone · your salary details. That's all.
When you choose an offer, your down payment is paid into that bank’s own account — never to the dealer, never to Midas. We will never ask for your BVN, PIN or OTP.
Your application, your offers and your documents — in one place.
🔒 We never ask for your BVN, card number, PIN or OTP.
Each lender runs its own credit policy against the same certified file. This is the underwriting view — the inputs, the rules that fired, and how the price was built.
The commercial case for the dealer: cars that were browsed and abandoned become funded sales, and Midas earns on every one.
Buying five vehicles or fifty, the same partner banks price your fleet. Banks lend more readily against a bulk order than a single car — one file, one security package, one disbursement.
A term facility against the vehicles. You hold the asset on your balance sheet, the bank holds the lien, and the fleet is yours at the end.
An operating lease. A fixed monthly figure covering the vehicle, maintenance and insurance, off your balance sheet, replaced at the end of term.
Indicative, from the same partner banks that price our retail loans. Your bank sets the final rate on its own credit assessment.
Stock photography used while our own showroom photographs are being taken. Each image is used under its licence, with the photographer credited.
Sourced from Wikimedia Commons. These are placeholders: every one will be replaced with a photograph of the actual vehicle in our own showroom before launch.
Model photographs are from Wikimedia Commons, used under their licences and credited below. Showroom photography of our own stock is being shot now and will replace these.
Figures are estimates from each bank’s published rules. The bank makes the final decision.
Most Nigerians pay cash for cars because a loan takes forty days and a miracle. Midas puts a group of banks behind every car, so an offer comes back in 48 hours and the keys follow your down payment.
We are built with a national dealer network — showrooms and service centres in Lagos, Abuja, Port Harcourt, Kano, Enugu and Ibadan. Vehicles first; education loans and mortgages ride the same rail next.
Behind the team sits a national automotive network — three decades of vehicle distribution in Nigeria.
Lagos-based unless stated. Write briefly — what you have done beats what you would do.
Pick a bank, a car and a down payment. See the monthly repayment, the interest you will pay over the term and every fee the bank adds — month by month, with nothing hidden.
Banks charge interest on a reducing balance: each month you pay interest only on what you still owe, so the interest share of every repayment falls as the loan shrinks. A flat rate charges interest on the full amount for the whole term. A flat 15% costs about the same as 26% on a reducing balance — always ask which one you are being quoted.
A one-off management fee of about 1% of the loan, a GPS tracker fitted before delivery, and comprehensive insurance for the full term, which the bank requires because the car is its security. The calculator shows all three so there is no surprise on top.
Indicative only. Access Bank and Stanbic IBTC appear as worked examples at typical rates; the final rate, fees and insurance premium are set by the bank in its own offer letter after a credit assessment. Prices exclude 7.5% VAT.
Every financed car is insured before it leaves the showroom. Pay it monthly, inside the same loan — not as a surprise on top.
Tick Comprehensive insurance on the loan form and the premium is financed with the car. Choosing the halal loan? Your cover is Takaful — a shared protection pool, certified the same way the loan is. Claims are handled by the insurer, not by us.
Partnerships forming with Nigeria’s licensed insurers, conventional and Takaful. Premiums are set by the insurer.
No interest, ever. You pay an agreed rental-profit charge, fixed and written down on day one. Nothing floats, nothing compounds.
At the showroom price. It owns it.
Ownership passes to you step by step.
At the end of the term, outright.
“I do not take interest. Here the bank buys the car and I rent it until it is mine. That is why I applied.”
With Lotus Bank, one of Nigeria’s licensed non-interest banks.
The same cars, the same application, the same 48-hour target. Your down payment still goes directly to the bank, never to the dealer or Midas. Tick non-interest finance when you apply and only compliant offers reach you.
Non-interest products are provided by licensed non-interest banks and governed by each bank’s own Sharia advisory board. Midas arranges the transaction; it does not issue Sharia certification.
For showroom staff. Pick the car, enter the customer's WhatsApp, and send a link that opens with their car ready to finance — your showroom on the file.
Plain language, as the Nigeria Data Protection Act (2023) intends. Questions: lavine@zenith-grp.co.
Complete files, not leads: a numbered PFI, a certified vehicle at a fixed price, verified income and full KYC — delivered to your credit team over an API.
Hyundai · Nissan · MG · Honda franchises in Nigeria and Ghana — showrooms in Lagos, Abuja, Port Harcourt, Kano, Enugu, Ibadan and Accra. Two ways to work with us: a white-label platform for your own customers, or a place among our partner banks.
Connected by one API link — customer files in, decisions out. The credit engine never leaves your bank.
First pilot cycle, growing to 20–25 vehicles across the programme — the pioneer lender sets the template for every bank that follows.
Average facility of ₦27M at 26% p.a. over 48 months, for illustration. Rates and tenors are set by your institution.
| Facilities funded monthly | Principal originated p.a. | Gross interest, life of book |
|---|
Zero licence fee, zero platform fee and zero commission for banks. Midas is paid by the dealers when a car is sold — never by your institution or the borrower.
A non-interest window is reserved for licensed Islamic banks — Murabaha and Ijara wa Iqtina structures, serving the roughly half of Nigeria that will not take an interest-bearing loan. We would particularly welcome that conversation.
Banks we have met in Nigeria and Ghana as of November 2026, in onboarding or discussion — not signed lending agreements.
Thirty minutes on credit policy and commercials, then the sandbox — the integration specification is published.
Every car you list carries a monthly price and partner banks behind it. You keep your price; the bank pays you.
Certified stock only — inspected and graded before it goes live. Growing with the programme to 20–25 vehicles.
Illustrative — portraits are generated, not real customers. Real buyers replace these after our first deliveries.
Banks compete for every loan. Dealers sell more cars. Buyers get the lowest rate.
Car finance inside your own app, for the customers you already have. Zero licence fee.
Every car carries a monthly price. Free to list, paid when the loan pays out.
The offer letter names the bank account. Anyone asking for a deposit elsewhere — even claiming to be Midas — is a fraud. Report it.
Every loan is priced and approved inside the bank’s own system. Midas prepares your file; the bank lends.
Handled under the Nigeria Data Protection Act 2023. We never sell your information.
Cars sold from our own showrooms with the manufacturer’s warranty and after-sales service.
