Skip to content
Builders in Fintech

Fintech funding rounds in Nigeria

87 rounds raised by companies headquartered in Nigeria, totalling $1.9B. 3 rounds undisclosed, plus 1 debt facility and 1 IPO.

Funding rounds in Nigeria
CompanyRoundAmountDateLead investor(s)Source
OPay

Added · · prnewswire.com

IPOIPOUndisclosed—prnewswire.com
Sterling Bank

Added · · Cascador and Sterling Bank launch a $200M credit backstop fund to help Nigerian startups get bank loans

Credit guarantee fund (target size)Debt$200M—Cascador and Sterling Bank launch a $200M credit backstop fund to help Nigerian startups get bank loans
OPay

Added · · OPay files for a New York IPO as Standard Bank commits up to $200M in a private placement

Private placement concurrent with IPO$200MStandard Bank GroupOPay files for a New York IPO as Standard Bank commits up to $200M in a private placement
Flutterwave

Added · · Weekly update #140

Unnamed roundUndisclosedCircle, Circle VenturesWeekly update #140
Cardtonic (The Tonic Technologies LTD)

Added · · Weekly update #116

Seed$2.1M—Weekly update #116
Moniepoint Group

Added · · Weekly update #104

Series C$90MDevelopment Partners InternationalWeekly update #104
Carrot Credit

Added · · Weekly update #83

Seed$4.2MMaC Venture CapitalWeekly update #83
Rivy

Added · · Weekly update #74

Pre-Series A$2MAll On, EchoVCWeekly update #74
Raenest

Added · · Weekly update #68

Early-stage round$11MQED InvestorsWeekly update #68
Raenest

Added · · Weekly update #105

Series A$11MQED InvestorsWeekly update #105
Billboxx

Added · · Weekly update #63

Pre-seed$1.6M54 Collective, Kaleo Ventures, Norrsken AcceleratorWeekly update #63
Billboxx

Added · · Weekly update #59

Pre-seed$1.6M54 Collective, Afrinovation Ventures, Kaleo Ventures, Norrsken Accelerator, P2VestWeekly update #59
Moniepoint Group

Added · · Weekly update #53

Series C$110MDevelopment Partners InternationalWeekly update #53
Regfyl

Added · · Weekly update #47

Pre-seed$1.1MRallyCapWeekly update #47
Waza

Added · · Weekly update #43

Seed$3MByld Ventures, Heirloom Ventures, Norrsken Accelerator, Plug and Play, Timon Capital, Y CombinatorWeekly update #43
Waza

Added · · Weekly update #65

Seed$8MByld Ventures, Heirloom, Norrsken22, Olive Tree Capital, Plug and Play, Y CombinatorWeekly update #65
SEAMFIX

Added · · Weekly update #28

Early-stage round$4.5MAlitheia IDFWeekly update #28
Youverify

Added · · Weekly update #21

Pre-Series A$2.5MElmWeekly update #21
BFREE

Added · · Weekly update #18

Seed-stage round$3MCapria VenturesWeekly update #18
Cleva Banking

Added · · Weekly update #11

Pre-seed$1.5M1984 VenturesWeekly update #11
FrontEdge

Added · · Weekly update #4

Early-stage round$10M—Weekly update #4
Pivo

Added · · techcrunch.com

Seed$2M—techcrunch.com
Maplerad

Added · · techcrunch.com

Seed$6MValar Venturestechcrunch.com
Kippa

Added · · Weekly update #123

Seed$8.4MCrestone VC, Goodwater Capital, Rocketship, Saison Capital, TEN13, VentureSouq, Vibe CapitalWeekly update #123
Bitmama

Added · · techcrunch.com

Pre-seed$2MHoney Ogundeyi, Marek Olszewski, Rene Reinsbergtechcrunch.com
NowNow

Added · · techcrunch.com

Seed$13M—techcrunch.com
Metaverse Magna

Added · · techcrunch.com

Pre-seed$3.2MBreach Clubtechcrunch.com
Duplo

Added · · techcrunch.com

Seed$4.3M—techcrunch.com
Pastel

Added · · pymnts.com

Unspecified$5.5M—pymnts.com
Youverify

Added · · techcrunch.com

Seed$1.5M—techcrunch.com
Klasha

Added · · thepaypers.com

Seed$4.5M—thepaypers.com
Indicina

Added · · techcrunch.com

Unspecified$3MEdukoya, Kippa, Kudatechcrunch.com
Interswitch

Added · · techcrunch.com

Unspecified$110MLeapFrog Investments, Tana Africa Capitaltechcrunch.com
Identitypass

Added · · techcrunch.com

Seed$2.8M—techcrunch.com
Etap

Added · · techcrunch.com

Pre-seed12MMobility 54techcrunch.com
CredPal

Added · · techcrunch.com

Bridge$15MAdii Pienaar, First Circle Capital, GreenHouse Capital, LongCommerce, Uncovered Fundtechcrunch.com
Kwik

Added · · techcrunch.com

Series A$2MXBTO Venturestechcrunch.com
Yep!

Added · · techcrunch.com

Pre-seed$1.5Mpan-African VC Greenhouse Capitaltechcrunch.com
Earnipay

Added · · fintech.global

Seed$4MCanaanfintech.global
Flutterwave

Added · · techcrunch.com

Series D$250MCEO Olugbenga “GB” Agboolatechcrunch.com
CrowdForce

Added · · techcrunch.com

Unspecified$3.6MAAIC, HAVAÍCtechcrunch.com
Duplo

Added · · pymnts.com

Pre-seed$1.3M—pymnts.com
PalmPay

Added · · techcrunch.com

Series A$100M—techcrunch.com
Casava

Added · · techcrunch.com

Pre-seed$4M—techcrunch.com
Nestcoin

Added · · techcrunch.com

Pre-seed$6.5M—techcrunch.com
SeamlessHR

Added · · techcrunch.com

Unspecified$10M—techcrunch.com
ThankUCash

Added · · techcrunch.com

Seed$5.3M500 Globaltechcrunch.com
BFREE

Added · · techcrunch.com

Pre-Series A$1.7MColombia, Ghana, Mexico, Migo, Pakistan, Poland, Russia, Ugandatechcrunch.com
TradeDepot

Added · · techcrunch.com

Series B$110MPartech Africatechcrunch.com
Octamile

Added · · fintech.global

Pre-seed$500KEchoVCfintech.global
OnePipe

Added · · techcrunch.com

Seed$3.5MTribe Capital, V&R Associatestechcrunch.com
Rivy

Added · · techcrunch.com

Seed$3MChipper Cash, Ham Serunjogi, Maijid Moujaledtechcrunch.com
Brass

Added · · techcrunch.com

Unspecified$1.7MAcuity Ventures, Ezra Olubi, Flutterwave CEO Olugbenga “GB” Agboola, Hustle Fund, Uncovered Fundtechcrunch.com
Sparkle

Added · · techcrunch.com

Seed$3.1MLeadway Assurance, Trium Networkstechcrunch.com
Mono

Added · · techcrunch.com

Series A$15Mthe VCtechcrunch.com
Klasha

Added · · techcrunch.com

Unspecified$2.4MGreycrofttechcrunch.com
OurPass

Added · · techcrunch.com

Pre-seed$1MTekedia Capitaltechcrunch.com
Prospa

Added · · techcrunch.com

Pre-seed$3.8M—techcrunch.com
Alerzo

Added · · fintech.global

Series A$10.5MNosara Capitalfintech.global
Kuda

Added · · techcrunch.com

Series B$55MValar Venturestechcrunch.com
Chaka

Added · · techcrunch.com

Pre-seed$1.5MBreyer Capitaltechcrunch.com
Lidya

Added · · techcrunch.com

Pre-Series B$8.3MAlitheia Capitaltechcrunch.com
Rivy

Added · · fintech.global

Pre-seed$1MFuture Africa, Launch Africa, Sherpa Venturesfintech.global
FairMoney

Added · · techcrunch.com

Series B$42MTiger Global Managementtechcrunch.com
Okra

Added · · techcrunch.com

Seed$3.5MAccenture Ventures, Susa Venturestechcrunch.com
Appzone

Added · · techcrunch.com

Series A$10MCardinal Stone Capital Adviserstechcrunch.com
Curacel

Added · · fintech.global

Pre-seed$450KAtlantica Venturesfintech.global
Bankly

Added · · techcrunch.com

Unspecified$2MVaulttechcrunch.com
Kuda

Added · · techcrunch.com

Series A$25MValartechcrunch.com
Flutterwave

Added · · techcrunch.com

Unspecified$170M—techcrunch.com
Cowrywise

Added · · techcrunch.com

Pre-Series A$3M—techcrunch.com
Kuda

Added · · techcrunch.com

Seed$10MTarget Globaltechcrunch.com
Fundall

Added · · fintech.global

Pre-seed$150K—fintech.global
Okra

Added · · techcrunch.com

Pre-seed$1MTLcom Capitaltechcrunch.com
Flutterwave

Added · · techcrunch.com

Series B$35M—techcrunch.com
VerifyMe Nigeria

Added · · fintech.global

Series AUndisclosed—fintech.global
PalmPay

Added · · fintech.global

Unspecified$40MNigeriafintech.global
OPay

Added · · techcrunch.com

Series B$120MTranssiontechcrunch.com
Interswitch

Added · · techcrunch.com

UnspecifiedUndisclosed—techcrunch.com
FairMoney

Added · · techcrunch.com

Series A$11MFlourish Fitechcrunch.com
Kuda

Added · · techcrunch.com

Pre-seed$1.6MHaresh Aswanitechcrunch.com
Kobo360

Added · · techcrunch.com

Series A$30MGoldman Sachstechcrunch.com
OPay

Added · · techcrunch.com

Unspecified$50M—techcrunch.com
Paga

Added · · techcrunch.com

Series B$10MGlobal Innovation Fundtechcrunch.com
Paystack

Added · · fintech.global

Series A$8MStripefintech.global
Piggybank.ng

Added · · techcrunch.com

Seed$1.1MOlumide Soyombotechcrunch.com
Lidya

Added · · fintech.global

Series A$6.9M—fintech.global
Purple Capital

Added · · ffnews.com

Unspecified$12.5M—ffnews.com
Lidya

Added · · fintech.global

Seed$1.3MAccion Venturesfintech.global

Coverage

All Nigeria coverage

Get fintech news by email

Read by 25,000+ fintech builders across LinkedIn, Substack and the media platform

Which emails?

By subscribing you agree to the privacy notice. We'll email you once to confirm.

See a recent editionAll newsletters