AI agents for business finance: what they can and can't do
What AI agents can do in bookkeeping, close, collections and compliance today, where a person must stay in charge, and how to judge a product.
The short answer
Loans on Spaces are lent by Solid Allianze Microfinance Bank, and money that customers place in the Investment Box funds Solid Allianze's lending, including Loans on Spaces. The Investment Box is held to maturity and its return depends on how that lending performs, which is why it works differently from an ordinary savings balance.
Every loan is someone else's money. In a bank, the money lent to borrowers comes mainly from depositors and the bank's own capital. Knowing where credit comes from helps you understand both sides: why a lender is careful about who it lends to, and what a saver is taking part in when they choose a product linked to lending. This guide explains the link between the Investment Box and Loans on Spaces.
How lending is funded in general
A bank or microfinance bank takes in deposits, keeps part of them available for withdrawals, and lends part out to borrowers who pay interest. The difference between what borrowers pay and what savers receive covers the bank's costs, its losses on loans that are not repaid, and its profit. Ordinary savers rarely see this connection: their account pays a stated rate, and the bank carries the lending risk. Products that link a saver's return directly to the performance of lending make the connection visible, and share some of the outcome with the saver. The Investment Box is that kind of product.
The basic loop
- Savers place naira in the Investment Box for a fixed period.
- Solid Allianze MFB uses that money in its lending, including Loans on Spaces.
- Borrowers spend Loans on Spaces with merchants in Spaces and repay Solid Allianze by the dates in their agreements.
- The Investment Box return depends on that lending.
- At maturity, the saver's money and any return are paid back according to the Box's terms.
Pryme is the technology company that runs the app in which you see both the Box and the credit. The lending and the deposits sit with Solid Allianze, a microfinance bank licensed by the CBN.
Why the link matters to borrowers
Because Loans on Spaces are funded by real savers, Solid Allianze has a reason to lend carefully. That is part of why limits are offered on how an account is run and on credit bureau data, why the credit can only be spent with merchants in Spaces, and why it cannot be withdrawn as cash. The FCCPC's 2025 consumer lending regulations also require lenders to assess a borrower's capability to repay sustainably before granting credit (regulation 19(i)).
It also explains why repaying on time matters beyond your own record. Repayments are what make the loop work: they are how savers' money comes back. See how to repay a Loan on Spaces on time.
What it means for savers
| Savings Box | Where the money goes | Return | Access |
|---|---|---|---|
| Flexible | Naira savings | Rate shown in the app | Withdraw when you choose |
| Fixed | Naira savings | Rate shown in the app | Terms shown in the app |
| Investment | Funds Solid Allianze lending, including Loans on Spaces | Depends on that lending | Held to maturity |
| Interest-free | Naira savings | Earns nothing, by design | Terms shown in the app |
The Investment Box is the only one of the four whose return is tied to lending. That is the point of it for some savers: they want their money to work in the local economy, financing everyday purchases at supermarkets, pharmacies and schools. It also means the Investment Box is not the place for money you may need before maturity, or for money you cannot afford to have tied to how loans perform.
A worked example of the trade-off
Example only, with invented figures. Kemi has ₦300,000. She keeps ₦100,000 in a Flexible Box as an emergency fund, because she may need it at short notice. She places ₦200,000 in an Investment Box for its term because she will not need it before then and is comfortable that the return depends on lending. If an emergency costs ₦80,000, she uses the Flexible Box and leaves the Investment Box untouched until maturity. Splitting this way means a surprise bill does not collide with money that is held to maturity.
Questions to ask before choosing any lending-linked savings
- Who is the lender, and who regulates it?
- What is the money used for?
- How is the return worked out, and is it fixed in advance or variable?
- Can I withdraw before maturity, and on what terms?
- What happens to my money if borrowers do not repay?
These questions apply to any product that links savings to lending in Nigeria, not only this one. For the full picture of how the Investment Box works, see Pryme Investment Box explained; for the lender, who lends Loans on Spaces.
Where Pryme fits
You can see every Box, and any Loans on Spaces offer, in one app. Rates and terms for each Savings Box are shown in the app before you commit.
Questions people ask
Who funds Loans on Spaces?
Solid Allianze MFB lends Loans on Spaces, and Investment Box money funds its lending, including Loans on Spaces.
Is the Investment Box return fixed?
The return depends on Solid Allianze's lending, including Loans on Spaces. Read the terms in the app for how it is worked out.
Can I withdraw from the Investment Box early?
The Investment Box is held to maturity. Keep money you may need sooner in a Flexible Box.
Is my Flexible Box used for Loans on Spaces?
The Investment Box is the Box whose money funds Solid Allianze's lending. Check the app for each Box's terms.
Sources
- FCCPC: Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations 2025 · accessed Oct 2026
- Central Bank of Nigeria: Consumer Protection · accessed Oct 2026
This article is general information, not financial, legal or tax advice. Products described are provided under the terms on this site and are subject to regulation and eligibility.