72 indexable Banks companies headquartered in Nigeria, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $59.9M across 4 funded companies.
| # | Company | Funding | Valuation | Stage | Latest round | Employees | Founded | Momentum |
|---|---|---|---|---|---|---|---|---|
| 1 |
Keystone Bank
Commercial bank |
$38M | — | Acquired | Series A Mar 2020 | 2,886 | 2011 | — |
| 2 |
SunTrust Bank Nigeria
Commercial bank |
$10M | — | Funding Raised | Conventional Debt Mar 2018 | — | 2016 | — |
| 3 |
United Bank for Africa
Commercial bank |
$7M | — | Public | Conventional Debt Jun 2017 | 10,199 | 1949 | — |
| 4 |
AB Microfinance Bank Nigeria
Microfinance bank |
$4.9M | — | Funding Raised | Conventional Debt Feb 2014 | 937 | 2008 | — |
| 5 |
Fidelity Bank
Commercial bank |
— | — | Public | Post IPO Dec 2025 | 7,030 | 1988 | ↑ Active |
| 6 |
Sterling
Commercial bank |
— | — | Funding Raised | Conventional Debt Aug 2022 | 3,043 | 1960 | — |
| 7 |
First Bank of Nigeria
Provider of commercial bank |
— | — | Funding Raised | Conventional Debt Feb 2022 | 7,972 | 1894 | — |
| 8 |
Stanbic IBTC
Provider of M&A capital raising & corporate advisory firm and commercial bank services |
— | — | Public | Post IPO Sep 2021 | — | 1989 | — |
| 9 |
LivingTrust Mortgage Bank
Commercial bank |
— | — | Public | Feb 2021 | 119 | 1993 | — |
| 10 |
Access Bank
Commercial bank |
— | — | Public | Conventional Debt Aug 2020 | 113 | 1989 | — |
| 11 |
Sterling Bank
Commercial bank |
— | — | Public | Conventional Debt Feb 2019 | — | 1960 | — |
| 12 |
Imperial Homes
Building society |
— | — | Late Stage | PE Nov 2018 | 61 | 1992 | — |
| 13 |
Wema Bank
Commercial bank |
— | — | Public | Conventional Debt Mar 2018 | 1,336 | 1945 | — |
| 14 |
Zenith Bank
Commercial bank |
— | — | Public | Conventional Debt May 2017 | 7,074 | 1990 | — |
| 15 |
Fortis Microfinance Bank
Commercial bank |
— | — | Late Stage | Post IPO Mar 2016 | 201 | 2007 | — |
| 16 |
Diamond Bank
Commercial bank |
— | — | Acquired | Post IPO Nov 2014 | 3,299 | 1990 | — |
| 17 |
abbey mortgage bank
Abbey Mortgage Bank is one of the leading and most profitable Primary Mortgage Institutions (PMI) in Nigeria. |
— | — | Public | — | 200 | 1991 | — |
| 18 |
Accion Microfinance Bank
Microfinance bank |
— | — | Funding Raised | — | — | 2006 | — |
| 19 |
Advans Nigeria
Microfinance bank providing loans, savings accounts, insurance, and digital banking solutions |
— | — | Unfunded | — | — | 2012 | — |
| 20 |
Alekun Microfinance Bank
Microfinance bank |
— | — | Deadpooled | — | — | 2009 | — |
| 21 |
Alert Microfinance Bank
Micro-finance bank |
— | — | Unfunded | — | — | 2014 | — |
| 22 |
Alpha Kapital MFB
Microfinance bank for the people in low-income bracket |
— | — | Unfunded | — | — | 2017 | — |
| 23 | ATN Wayya | — | — | Private | — | 300 | 2019 | — |
| 24 |
Baines Credit Microfinance Bank
Microfinance bank |
— | — | Unfunded | — | — | 2016 | — |
| 25 |
Bethesda Microfinance Bank
Microfinance Bank |
— | — | Deadpooled | — | — | 2009 | — |
| 26 |
BridgeHouse Microfinance Bank
Microfinance bank for the low-income people |
— | — | Deadpooled | — | — | 2017 | — |
| 27 |
Capstone Microfinance Bank
Microfinance bank |
— | — | Unfunded | — | — | 2008 | — |
| 28 |
CIT Microfinance Bank
Microfinance bank |
— | — | Deadpooled | — | — | 2011 | — |
| 29 |
Coeminna Microfinance Bank
Microfinance bank |
— | — | Deadpooled | — | — | 2013 | — |
| 30 |
Cross River Microfinance Bank
Microfinance bank |
— | — | Unfunded | — | — | 2017 | — |
| 31 |
Dorben Microfinance Bank
Microfinance bank for the people in low-income bracket |
— | — | Deadpooled | — | — | 2013 | — |
| 32 |
Echo Microfinance Bank
Microfinance bank for the people in low-income bracket |
— | — | Unfunded | — | — | 2008 | — |
| 33 |
Esan Microfinance Bank
Microfinance bank |
— | — | Deadpooled | — | — | 2008 | — |
| 34 |
Femaz Microfinance Bank
Microfinance bank |
— | — | Deadpooled | — | — | 2014 | — |
| 35 |
FFS Microfinance Bank
Microfinance Bank |
— | — | Unfunded | — | — | 2014 | — |
| 36 |
Fidfund MFB
Microfinance Bank for low-income individuals |
— | — | Unfunded | — | — | 2009 | — |
| 37 |
Fina Trust Microfinance Bank
Microfinance bank |
— | — | Unfunded | — | 79 | 2009 | — |
| 38 |
First HoldCo
Provider of financial services including commercial banking and asset management |
— | — | Unfunded | — | — | — | — |
| 39 |
Fullrange Microfinance Bank
Microfinance bank |
— | — | Unfunded | — | — | 2017 | — |
| 40 |
Gowans Microfinance Bank
Provider of microfinance bank |
— | — | Unfunded | — | — | 2014 | — |
| 41 |
Grassroot Microfinance Bank
Microfinance bank |
— | — | Deadpooled | — | — | 2009 | — |
| 42 |
HedgeWorth Microfinance Bank
Microfinance bank |
— | — | Deadpooled | — | — | 2009 | — |
| 43 |
Heritage Bank
Commercial bank |
— | — | Deadpooled | — | — | 1989 | — |
| 44 |
Infinity Microfinance Bank
Microfinance bank |
— | — | Unfunded | — | — | 2001 | — |
| 45 |
Mainstreet MFB
Microfinance bank |
— | — | Funding Raised | — | 54 | 2008 | — |
| 46 |
Maritime Microfinance Bank
Microfinance bank |
— | — | Acquired | — | — | 2014 | — |
| 47 |
Microvis Microfinance Bank
Microfinance bank |
— | — | Unfunded | — | — | 2015 | — |
| 48 |
MMFB
Microfinanace bank |
— | — | Unfunded | — | — | 2016 | — |
| 49 |
Monarch Microfinance Bank
Microfinance bank |
— | — | Unfunded | — | — | 2004 | — |
| 50 |
Mutual Alliance Mortgage Bank
Cooperative bank |
— | — | Unfunded | — | — | 2001 | — |
Commercial bank
Commercial bank
Commercial bank. The bank offers digital, energy banking, SME services, financial management, investment services, robust online banking, pension custody and related services. It also provides infrastructure finance, commodity services for structured solutions to key governments.
AB Microfinance Bank Nigeria is a foreign-owned financial institution, which offers financial products and services to micro, small and medium-sized enterprises. Products include term deposits, savings account, current account, micro loans, housing loans and debit cards.
Commercial bank
Commercial bank
Provider of commercial bank
Provider of M&A capital raising & corporate advisory firm and commercial bank services
LivingTrust Mortgage Bank PLC is a primary mortgage institution that is regulated by the Other Financial Institutions Department of the Central Bank of Nigeria. The company provides Mortgage Financing, Real Estate Construction Financing and General Financial Services. The Bank's operations are in Osun State only and operates in just one geographical segment. The Bank is also engaged in one line of business which is M
Commercial bank
Commercial bank
Building society
British International Investment
African Development Bank Group
BIO Invest
ICD
Swedfund
Access Holdings
Accion
Actis
Afreximbank
Alitheia Capital
Alterra Capital Partners
BADEA
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 2026-06-23.
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