Spidoo, Move SmarterInvestor Portal home
IPROCOST Nigeria Limited

Managed by IPROCOST Nigeria Limited

A Spidoo dispatch rider in a safety helmet and black uniform, seated on a parked black and lime-green Spidoo motorcycle with a branded rear dispatch box, in front of the Lagos skyline at night.

Invest in Movement

Own the Bike. Spidoo Manages the Operation.

Choose a structured dispatch-bike option, apply fully online and track every stage from review to rider assignment.

Start Investment Application Investor Sign In
  • Online application
  • Transparent progress tracking
  • Managed rider operations

Investment options

Hire Purchase

Spidoo provides and manages the rider

17-month operating structure

View Hire Purchase

Managed Rental

Your bike remains your asset

₦65,000 bi-weekly operational return

View Managed Rental

How It Works

Every application moves through six stages. Once you sign in, your dashboard shows the live stage of each application.

  1. 1

    Submitted

    Your complete application has been received.

  2. 2

    Under Review

    IPROCOST Nigeria Limited is reviewing your compliance and commercial details.

  3. 3

    Approved

    Your application is approved. The agreement is prepared for signature.

  4. 4

    Payment Verified

    IPROCOST Finance has confirmed cleared funds.

  5. 5

    Asset Purchased

    Your motorcycle has been purchased and recorded. Onboarding is open.

  6. 6

    Rider Assigned

    An approved Rider has been assigned and deployment is complete.

Option details

Hire Purchase

  • Investment: ₦1,500,000 per motorcycle
  • Tenor: 17 months
  • Gross contracted receipts: Not less than ₦2,700,000, subject to the final signed payment schedule
  • Spidoo sources and manages the Rider
  • Rider is responsible for routine servicing and maintenance
  • Approved tyre-replacement costs are shared: 50% Rider, 50% Investor
  • Ownership transfers to the Rider only after all obligations are completed
  • Rider replacement is managed through Spidoo's hire-purchase enforcement and redeployment process
Start an application

Managed Rental

  • Investment: ₦1,500,000 per motorcycle
  • Payment: ₦65,000 every 14 days
  • Number of cycles: 26
  • Gross 12-month receipts: ₦1,690,000, before applicable taxes or expressly agreed deductions
  • Tenor: 12 months
  • Investor retains ownership of the motorcycle
  • Spidoo provides and manages the Rider
  • Investor is responsible for routine servicing and maintenance
  • Approved tyre-replacement costs are shared: 50% Rider, 50% Investor
  • If the assigned Rider resigns or exits, Spidoo begins sourcing a replacement immediately
  • Payments may be placed on hold during replacement sourcing, screening and onboarding
  • Investor pays the documented replacement-Rider sourcing and onboarding cost
  • Removal from the Spidoo platform during the first 12 months requires at least 14 days' written notice and a ₦50,000 platform exit fee
Start an application

Safety & Management

IPROCOST Nigeria Limited reviews every application, and Spidoo sources and manages the Rider for each motorcycle.

Submitting an application is an expression of interest only. No investment is binding until IPROCOST Nigeria Limited approves your application and both parties sign the agreement. Returns can be affected by downtime, Rider replacement, repairs, insurance and market conditions. Read the full agreement and risk disclosure before you sign.