FCCPC approved
Watu Simu
This lender has full approval from the FCCPC to offer digital loans in Nigeria.
- Company
- Nefertiti Assets & Investment Ltd
- Listed by FCCPC as
- WATU SIMU APP
Before you borrow: registration does not make a loan cheap. Check the total amount you will repay, never give an app access to your contacts or gallery, and report any harassment to the FCCPC.
FCCPC register last checked 24 October 2026. Names can differ slightly between the app store and the register; if in doubt, search the company name.
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Questions borrowers ask
Is Watu Simu approved by the FCCPC?
As of the FCCPC register checked on 24 October 2026, Watu Simu is listed as: FCCPC approved. This lender has full approval from the FCCPC to offer digital loans in Nigeria.
Who owns Watu Simu?
The FCCPC register lists Watu Simu under Nefertiti Assets & Investment Ltd.
Is it safe to borrow from Watu Simu?
It is allowed to lend, which is the first test. Before you borrow, check the total amount you will repay, read the fees, and never give a loan app access to your contacts or gallery.
What can I do if Watu Simu harasses me or messages my contacts?
Keep screenshots of every message and call, do not pay anything you do not owe, and report it to the FCCPC. Shaming borrowers or contacting their friends and family breaks the FCCPC digital lending rules. You can also report it to KudiCompass so we can warn other borrowers.