85 indexable Banking Tech companies headquartered in Nigeria, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $217.7M across 24 funded companies.
| # | Company | Funding | Valuation | Stage | Latest round | Employees | Founded | Momentum |
|---|---|---|---|---|---|---|---|---|
| 1 |
CreditChek
Developer of a credit data aggregating platform |
$240K | — | Seed | Seed Jan 2025 | 8 | 2021 | ↑ Active |
| 2 |
Shekel
Provider of the marketplace offering inventory loans and digital banking for automobile businesses |
$5.2M | — | Series A | Series A Nov 2023 | 8 | 2021 | — |
| 3 |
Kuda
Provider of a digital bank for individuals |
$91.6M | $500M as of 2021 |
Series B | Series B Aug 2021 | 450 | 2017 | — |
| 4 |
FairMoney
Provider of a digital microfinance bank for individuals |
$57M | — | Series B | Series B Oct 2021 | — | 2017 | — |
| 5 |
Anchor
Association focused on payments, lending and other financial services |
$3.5M | — | Seed | Seed Sep 2023 | 4 | 2022 | — |
| 6 |
Blackcopper
P2P marketplace for consumer and business loans |
$630K | — | Seed | Seed May 2024 | 44 | 2020 | — |
| 7 | OnePipe | $4.5M | — | Seed | Mar 2023 | 46 | 2018 | — |
| 8 |
Indicina Technologies
Provider of a loan life cycle management software |
$7M | — | Seed | Seed Jun 2022 | 42 | 2017 | — |
| 9 |
Maplerad
Core Banking service providing platform |
$6M | — | Seed | Seed Oct 2022 | — | 2020 | — |
| 10 |
Thepeer
Payment processing solution for businesses |
$2.3M | — | Seed | Seed Jun 2022 | 9 | 2021 | — |
| 11 |
Carbon
Digital Bank for Individuals and Businesses. |
$10M | — | Series A | Series A 2020 | — | 2012 | — |
| 12 |
payforce network
App-based platform offering correspondent banking services |
$3.6M | — | Acquired | Seed Feb 2022 | — | 2019 | — |
| 13 |
Prospa
Digital bank for individuals |
$3.9M | — | Seed | Seed Sep 2021 | 56 | 2019 | — |
| 14 |
Okra
API-based open banking solutions |
$4.5M | — | Seed | Seed Apr 2021 | 54 | 2019 | — |
| 15 |
Sparkle
Digital bank for consumers and businesses |
$3.1M | — | Seed | Seed Oct 2021 | 43 | 2019 | — |
| 16 |
Brass
Digital bank for businesses |
$1.7M | — | Acquired | Seed Oct 2021 | 55 | 2019 | — |
| 17 |
i.Sec
AI based financial fraud detection solutions |
$10M | — | Late Stage | PE Mar 2014 | 2 | 2013 | — |
| 18 |
VeendHQ
Developer of a cloud-based automated loan management platform for lenders |
$330K | — | Seed | Seed Jun 2022 | 22 | 2021 | — |
| 19 |
Kredi Bank
Provider of digital financial services for individuals and businesses |
$180K | — | Seed | Seed Sep 2022 | 24 | 2010 | — |
| 20 |
Bloc
Open banking suite |
$1M | — | Seed | Seed Aug 2019 | 48 | 2009 | — |
| 21 |
TechAdvance
Provider of payment facilitation solutions for businesses |
$1M | — | Deadpooled | Seed Aug 2019 | 82 | 2009 | — |
| 22 |
Crediometer
Digital bank for startups and growing businesses |
$20K | — | Seed | Seed 2023 | 11 | 2020 | — |
| 23 |
Fundall
Digital bank for individuals & businesses |
$150K | — | Acquired | Seed Oct 2020 | 25 | 2019 | — |
| 24 |
MMIT Online
Mobile apps for POS |
$220K | — | Seed | Angel Sep 2012 | 10 | 2007 | — |
| 25 |
Electronic Esusu
Cloud-based banking software suite |
— | — | Funding Raised | Grant (prize money) Nov 2024 | — | 2016 | ↑ Active |
| 26 |
Zeeh
Online platform offering diversified fintech solutions |
— | — | Seed | Seed May 2023 | 13 | 2022 | — |
| 27 |
Aku
Provider of mobile banking and payment services |
— | — | Seed | Seed Aug 2022 | 43 | 2020 | — |
| 28 |
Aladdin
Internet-first bank through banking partnership |
— | — | Funding Raised | Conventional Debt May 2022 | 58 | 2020 | — |
| 29 |
3Line
Software solutions for banks & businesses |
— | — | Unfunded | — | — | 2007 | — |
| 30 |
AjoCard
mPOS hardware and software solution provider |
— | — | Funding Raised | — | 41 | 2018 | — |
| 31 |
ALAT
Internet first bank in Nigeria |
— | — | Unfunded | — | — | 2016 | — |
| 32 |
ARCA
Open banking API solutions for banks and financial institutions |
— | — | Funding Raised | — | 54 | 2016 | — |
| 33 |
ASUSU
Loan life cycle management solutions |
— | — | Unfunded | — | 88 | 2017 | — |
| 34 |
B54
Provider of account and loan management platform |
— | — | Funding Raised | — | 13 | 2021 | — |
| 35 |
BioRegistra
Cloud-based data capture & identity management platform |
— | — | Unfunded | — | — | 2017 | — |
| 36 |
CashConnect
Digital bank for individuals and businesses |
— | — | Unfunded | — | — | 2017 | — |
| 37 |
Celtic Heritage Bank
Provider of a banking platform for financial applications |
— | — | Unfunded | — | — | 2022 | — |
| 38 |
ChatPay
Chatbot app for personal banking |
— | — | Deadpooled | — | — | 2016 | — |
| 39 |
Clan
Platfom offering split payment solutions for finance institutions |
— | — | Funding Raised | — | 42 | 2016 | — |
| 40 |
ConfirmMe
Identity and credential verification platform |
— | — | Unfunded | — | — | 1985 | — |
| 41 |
CreditShore
Digital bank for individuals and businesses |
— | — | Unfunded | — | — | 2017 | — |
| 42 |
dotpay
DotPay helps hundreds of people quickly and securely make cash withdrawals, transfers, and pay bills. |
— | — | Private | — | 165 | 2021 | — |
| 43 |
Eazycheck
Lending tools for banks and financial institutions |
— | — | Deadpooled | — | — | 2019 | — |
| 44 |
eCard9ja
Correspondent banking solutions |
— | — | Deadpooled | — | — | 2018 | — |
| 45 |
Environ
Provider of biometric finger vein technology-based payment authentication |
— | — | Unfunded | — | — | 2010 | — |
| 46 |
Finaclusion
Solution to manage & automate group savings, group lending and cooperative |
— | — | Unfunded | — | — | 2019 | — |
| 47 |
FirstCentral Credit Bureau
Credit rating solutions |
— | — | Unfunded | — | — | 2005 | — |
| 48 |
Flick
Open banking and payment solutions |
— | — | Funding Raised | — | 10 | 2021 | — |
| 49 |
FundMe
Provider of financial tools for small and medium-sized enterprises |
— | — | Unfunded | — | — | 2024 | — |
| 50 |
GrowVast
Core banking solution for MFIs |
— | — | Unfunded | — | — | 2015 | — |
Developer of a credit data aggregating platform. It provides users with a reliable finance and credit data platform for businesses. It also offers APIs to aggregate credit data from multiple bank partners into a single platform. Its features include data accessing, consumer banking analytics, and avoiding loan stacking.
Provider of the marketplace offering inventory loans and digital banking for automobile businesses. It provides users with loans to its users for purchasing inventory for automobile businesses without any collateral and offers multiple loan products from different lenders. It also offers digital banking services for automobile businesses which allows them to manage current or savings accounts, and pay and receive mon
Provider of a digital bank for individuals. Its services include savings accounts, NFC-enabled prepaid cards, bill payments, and online and offline transactions. It also offers smart budgeting for expenditure monitoring, automated savings with yearly interests, and the option to freeze and unfreeze debit cards by using the application. Its application is available on Android and IOS platforms.
Provider of a digital microfinance bank for individuals. It provides users with a platform that offers financial products including savings accounts, prepaid cards, money transfers, bill payments, consumer and business loans, and more. It also features POS devices, fixed deposits, savings calculators, loan calculators, and expense management tools. Its app is available for Android and iOS users. It make it easy for u
Association focused on payments, lending and other financial services
P2P marketplace for consumer and business loans. It offers a platform that enables individuals and businesses to lend and borrow money for personal and business purposes with customized terms, amounts, and repayment options. The application is available on Android and iOS platforms.
Operator of a fintech platform intended to integrate banking and financial services into one unified bundle. The company's platform aggregates APIs from banks and fintech into a standardized gateway that is easy to integrate as well as offers multiple integrations and bank transfers, enabling clients to have seamless integrations between the bank and other fintech.
Provider of a loan life cycle management software. It provides solutions for loan origination, loan monitoring, credit underwriting, portfolio management, customer acquisition, and fraud management. Its credit analysis platform uses predictive analytics and machine learning to identify and reject bad loans during the application and underwriting process.
Core Banking service providing platform. It offers solutions such as account creation infrastructure, global payments and receiving transaction API, card infrastructure in multiple currencies, foreign exchange APIs, and others.
Payment processing solution for businesses. The company offers to send, direct charge, link, and recurring payment products. It allows users to send money across any business.
Digital Bank for Individuals and Businesses. It offers short-term loans on the basis of credit assessments. It also offers a Carbon account for online payments, money transfers, bill payments, business transactions, and more. App is available on iOS and Android devices.
App-based platform offering correspondent banking services. It offers banking services to the underbanked population of Nigeria through a network of agents and allows them to open accounts, save, deposit, pay, transfer, take loans, and other related services. It allows agents with all the features required to offer banking services such as payment collection, amount settlements, managing multiple accounts, and more.
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Techstars
Expert DOJO
Future Africa
Musha Ventures
Ventures Platform
Y Combinator
Acuity Ventures
Byld Ventures
Catapult
Lamar Holding
Launch Africa
Luno Expeditions
Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-22.
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