Best FinTech Companies in Abuja, Nigeria
The 57 best FinTech companies in Abuja, Nigeria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: AFEX.
Our analysis of 1,006 FinTech companies
$195.5b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best FinTech companies in Abuja
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | AFEX Commodity trading platform for individuals | $26M | 32 mo ago | Seed | Joshua Rugema CEO | 2014 | TypeScriptNode.jsMantine+17 | — |
| 2 | payforce network App-based platform offering correspondent banking services | $4M | 52 mo ago | Acquired | Tomi Ayordine Co-Founder & CEO | 2019 | Node.jsMUITailwind CSS+9 | — |
| 3 | Kobopay Bill payment platform for consumers and payment link to receive payments | $600K | 55 mo ago | Seed | Chinemere Okereke Co-Founder & CTO | 2016 | — | — |
| 4 | FarmBit Asset-backed financing platform for small and large agribusinesses | $240K | 55 mo ago | Seed | Godiya Chonoko Co-Founder | 2021 | — | — |
| 5 | Cobble Provider of credit score and debt management services | $139K | 44 mo ago | Seed | Akachukwu Ugwa Co-Founder | 2020 | — | — |
| 6 | Cassava Blockchain-based network for the creators | — | 49 mo ago | Seed | — | 2021 | — | — |
| 7 | Extramile Africa Fundraising platform focused on impact investments | — | 86 mo ago | Funding Raised | Victor Adeoluwa Olatunde Co-Founder / Chief Marketing Officer | 2018 | — | — |
| 8 | 1PlugPay Online escrow payment services for businesses | — | — | Deadpooled | Abiodun Adejumo Founder | 2019 | — | — |
Top 7 FinTech companies in Abuja
#1
Seed · Abuja, Federal Capital Territory · founded 2014 · 375 employees$26.5Mraised▾
Commodity trading platform for individuals. Regional commodity exchange that connects smallholder farmers to agricultural and financial markets. Provides solutions in trading, financing, and market system development. Delivers trading experience for both retail and institutional clients, enabling traders to focus on their strategies rather than their tools. Application is made available on Android and iOS platforms.
- Nov 2023Seed$26.5M
#2
Acquired · Abuja, Federal Capital Territory · founded 2019$3.6Mraised▾
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.
- Feb 2022Seed$3.6M
#3
Seed · Abuja, Federal Capital Territory · founded 2020 · 1 employees$138.6Kraised▾
Operator of a credit-building platform intended to automatically generate and build credit scores. The company's platform aims to spread awareness of credit reports and scores and their impact on borrowings while building credit history with the major credit agencies through regular monthly deposits, enabling users in the African markets to build their credit scores over time, in order to proper access to loans and other credit facilities.
- Oct 2022Seed$138.6K
#4
Seed · Abuja, Federal Capital Territory · founded 2016 · 5 employees$600Kraised▾
Developer of a payment platform designed to provide users access to a broad range of financial services. The company's platform boasts a simple user interface and uses a network of physical locations that serve as the primary interface for cash-in and cash-out, enabling users to send and receive money, make and receive payments, and buy and send airtime from anywhere.
#5
Seed · Abuja, Kebbi · founded 2021$240Kraised▾
Asset-backed financing platform for small and large agribusinesses. It enables users to provide warehouse financing, NFT-based lending, and more. It provides liquidity, decentralized insurance, digital asset security, and more.
- Nov 2021Seed$240K
#6
Seed · Abuja, Federal Capital Territory · founded 2021 · 22 employees—raised▾
Blockchain-based network for the creators. It enables users to create content and get NFTs or social tokens in exchange for consumption by users. It allows users to earn CSV when they engage, play, create, watch, and listen.
- May 2022Seed—
#7
Funding Raised · Abuja, Federal Capital Territory · founded 2018—raised▾
Extramile Africa is a fundraising platform focused on impact investments. It allows users to set aside funds & wealth to invest in SMEs and contribute towards GDP. It provides tools for accessing markets, advising businesses, and supporting industries in Africa. The application can be accessed on Android devices.
- Apr 2019Grant (prize money)—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of FinTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Fintech is moving in Nigeria
A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 277 Nigeria-affiliated papers.
- Enugu State University of Science and Technology17
- National Open University of Nigeria15
- University of Nigeria13
- The Federal Polytechnic, Ado-Ekiti13
- Lead City University12
- Financial services6
- Financial inclusion4
- Panel data2
- Corporate governance2
- Leverage (statistics)2
- Financial services2→83
- Payment2→21
- Financial literacy2→14
- Database transaction2→13
- Payment2→19
- Government (linguistics)4→11
- Descriptive statistics2→5
Where fintech is researched across Nigeria
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.