Radar Companies Financial Services · Lagos
Radar · Financial Services in Lagos

Best Financial Services Companies in Lagos, Nigeria

The 165 best Financial Services companies in Lagos, Nigeria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: The Bank of Industry.

165companies tracked
$1.2Bdisclosed funding
0unicorns
18have raised

Ranked: Best Financial Services companies in Lagos

#CompanyDisclosed fundingLast roundStageEmployeesFounderApp-install YoYRecent signals
1abbey mortgage bank
Abbey Mortgage Bank is one of the leading and most profitable Primary Mortgage Institutions (PMI) in Nigeria.
Public200
2Accion Microfinance Bank
Microfinance bank
Funding RaisedBunmi Lawson
CEO & President
+52%
3Africa Plus Partners
Infrastructure fund focused on social infrastructure
UnfundedAnhad Narula
CEO & Managing Partner
4Africa Prudential
Registration and investor services firm
Funding Raised89Obong Idiong
CEO & MD
5African Alliance Insurance
Life insurance company
UnfundedFunmi Omo
CEO & MD
6Afrinvest
Investment bank & management firm
Funding RaisedRuben Bilhastre
Co-Founder
7Alert Microfinance Bank
Micro-finance bank
UnfundedSaheed Raji
CEO & MD
8Alpha Partners
Private equity and corporate advisory firm focused on multplie companies
UnfundedBunmi Elesho
CEO & Managing Director

Top 12 Financial Services companies in Lagos

#1
Funding Raised · Lagos, Lagos · founded 2001
$901Mraised

Business loans provider

LinkedIn Pulse recent public activity · Jul 2026
Audience: 22k LinkedIn followers
Activity: 3 partnerships (incl. BOl) announced in 12 mo
Funding rounds
  • Nov 2023Conventional Debt$106.8M
  • Feb 2022Conventional Debt$794.2M
Founders & team
Olukayode A PitanCEO & MD
Investors
Agence Francaise de Developpement
Tech stack
Animate.CssApache Http ServerAxiosBunnyBunny FontsCdnjs
#2
Series B · Lagos, Lagos · founded 2016 · 425 employees
$48Mraised

Provider of health insurance services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 147k LinkedIn followers — 5.1% of this cohort's audience
Funding rounds
  • Feb 2022Series B$40M
  • Jan 2020Series A$6M
Founders & team
Opeyemi OlumekunCo-Founder
Investors
General Atlantic, Partech Partners, Picus Capital, Tencent, Asia Africa Investment and Consulting, Laerdal Million Lives Fund
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAws Certificate ManagerCdnjsCloudflare
#3
Late Stage · Lagos, Lagos · founded 1976
$142Mraised

Reinsurance company

LinkedIn Pulse recent public activity · Jul 2026
Audience: 37k LinkedIn followers
Investors
AXA, Allianz
Tech stack
BootstrapCaddyChart.JsCloudflareCloudflare Bot ManagementFacebook Login
#4
Acquired · Lagos, Lagos · founded 2011 · 2886 employees
$38Mraised

Commercial bank

LinkedIn Pulse recent public activity · Jul 2026
Audience: 48k LinkedIn followers
Funding rounds
  • Mar 2020Series A$8M
Tech stack
All In One SeoApache Http ServerBootstrapCloudflareCookieyesEmotion
#5
Series B · Lagos, Lagos · founded 2015
$7.5Mraised

TeamApt Limited is a fintech company that provides a digital payment processing platform, facilitating transactions across various industries. As a CBN-licensed switching infrastructure company, it offers solutions for digital banking, payment processing, and business advisory services. With a presence in Nigeria, the company has gained significant traction and is poised for further growth.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 914 LinkedIn followers
Funding rounds
  • May 2021Series B$2M
  • Feb 2019Series A$5.5M
Founders & team
Dennis AjalieCEO
Investors
FMO, Novastar Ventures, Global Ventures, Oui Capital, Kepple Africa Ventures, Soma Capital
Tech stack
Animate.CssCdnjsCloudflareCloudflare Browser InsightsGoogle Font ApiHsts
#6
Late Stage · Ikeja, Lagos · founded 2010 · 289 employees
$20Mraised

Provider of investment management services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 19k LinkedIn followers
Funding rounds
  • Aug 2015PE$20M
Founders & team
Kunmi DemurenCo-FounderBunmi AkinyemijuMD/CEO
Investors
Convergence Partners
Tech stack
Amazon Web ServicesBluehostCore-JsElementorEndurance Page CacheHello Elementor
#7
Series B · Lagos, Lagos · founded 1963 · 430 employees
$20Mraised

Insurance carrier

LinkedIn Pulse recent public activity · Jul 2026
Audience: 26k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Sales Officer, Operative Risk Officer Relationship Officer
Founders & team
David SobanjoChief Executive
Investors
IFC, LeapFrog Investments
Tech stack
AlertifyjsAngularAnt DesignApache Http ServerAsp.Net BoilerplateAzure
#8
Series B · Lagos, Lagos · founded 1970 · 968 employees
$14Mraised

Insurance company

LinkedIn Pulse recent public activity · Jul 2026
Audience: 97k LinkedIn followers — 3.4% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Construction Project Manager (Real Estate Development), Customer Service Quality Assurance Supervisor
Activity: 1 partnerships (incl. Myka.insure) announced in 12 mo
Investors
IFC, Swiss Re
Tech stack
Apache Http ServerApple Icloud MailAxiosBootstrapCdnjsCloudflare
#9
Funding Raised · Maryland, Lagos · founded 2009
$5.9Mraised

Working capital loan provider

Funding rounds
  • Sep 2020Conventional Debt$5.9M
Founders & team
Mike NovakCEO & President
Tech stack
Godaddy Website BuilderPwaOpen Graph
#10
Funding Raised · Lagos, Lagos · founded 2016
$10Mraised

Commercial bank

Funding rounds
  • Mar 2018Conventional Debt$10M
Founders & team
Muhammad JibrinCEO & MD
Investors
ICD
Tech stack
Apache Http ServerBootstrapCdnjsCloudflareContact Form 7Core-Js
#11
Seed · Lagos, Lagos · founded 2019 · 43 employees
$3.1Mraised

Digital bank for consumers and businesses. Its services include savings/current accounts, money transfers, bill payments, bill splitting, prepaid cards for individuals and businesses, inventory management, and more. It also provides personal finance management tools.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers
Activity: 1 product launches · 1 partnerships (incl. The DEW Centre) announced in 12 mo
Funding rounds
  • Oct 2021Seed$3.1M
Investors
Leadway Assurance, Trium, AG Rhino Advisors
Tech stack
AosAzureCloudflareCloudflare Bot ManagementDatadogEmotion
#12
Funding Raised · Lagos, Lagos · founded 2004 · 720 employees
$9.4Mraised

Provider of equipment and vehicle leasing services

Funding rounds
  • 2015Conventional Debt$4.4M
  • 2010Conventional Debt$5M
Investors
BIO Invest
Tech stack
Apache Http ServerAstraCore-JsElementorFont AwesomeGoogle Font Api

Funding & investor landscape

$1.2Btotal disclosed funding
18companies funded
21disclosed rounds
0rounds last 90 days
Most active investors
British International Investment5 rounds
African Development Bank Group3 rounds
BIO Invest3 rounds
Heirs Holdings3 rounds
IFC3 rounds
LeapFrog Investments3 rounds
BlueOrchard2 rounds
FMO2 rounds
ICD2 rounds
Inclusive Fintech 502 rounds

Notable founders

Olukayode A Pitan
CEO & MD · The Bank of Industry
Opeyemi Olumekun
Co-Founder · Reliance Health
Dennis Ajalie
CEO · TeamApt
Kunmi Demuren
Co-Founder · Venture Garden Group
Bunmi Akinyemiju
MD/CEO · Venture Garden Group
David Sobanjo
Chief Executive · AIICO Insurance
Mike Novak
CEO & President · Novak Financial
Muhammad Jibrin
CEO & MD · SunTrust Bank Nigeria
Lola Cardoso
CEO · Tangerine
Stanley Ugwueze
Managing Director & CEO · United Bank for Africa
Olusola Owoyemi
CEO · Infibranches
Klaus Mueller
CEO · AB Microfinance Bank Nigeria
Prism market signals · Nigeria · country-scoped Prism corpus, 1,037,993 docs

Market landscape — 10 sub-themes by coverage

Share of Financial Services coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Financial Services companies are there in Lagos, Nigeria?
Radar tracks 165 indexable Financial Services companies headquartered in Lagos, Nigeria that meet our profile-completeness bar.
What is the total funding raised by Financial Services companies in Lagos, Nigeria?
The Financial Services companies in Lagos, Nigeria on this list have raised a combined $1.2B in disclosed equity funding across 18 funded companies.
Which is the highest-funded Financial Services company in Lagos, Nigeria?
The Bank of Industry is the highest-funded Financial Services company in Lagos, Nigeria, with $901M in disclosed equity funding.
How many Financial Services companies in Lagos, Nigeria are funded?
18 of the 165 Financial Services companies in Lagos, Nigeria on this list have disclosed at least one equity funding round.
How many Financial Services unicorns are there in Lagos, Nigeria?
None of the Financial Services companies in Lagos, Nigeria on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Lagos, Nigeria Financial Services companies?
The most active investors in Lagos, Nigeria Financial Services companies on this list include British International Investment, African Development Bank Group, BIO Invest, Heirs Holdings, IFC.
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