Renmoney operates under a microfinance banking license in Lagos, Nigeria, providing loans to individuals and small businesses through various channels such as its website, contact center, agent network, and branches. The company's focus is on simplifying finance and making it accessible to everyone, leveraging data-driven insights to better understand customers and develop useful financial products. Renmoney also adopts a hybrid work model, with some employees working fully remote and others working remotely and coming into the office a few times a week.