Top 50 FinTech Angel Investors in Nigeria in December 2024

Olugbenga Agboola is the Co-Founder and CEO of Flutterwave. He previously worked at Africa Fintech Foundry as a Senior Entrepreneur In Residence. Olugbenga Agboola attended MIT Sloan School of Management.

Olugbenga Agboola is the Co-Founder and CEO of Flutterwave. He previously worked at Africa Fintech Foundry as a Senior Entrepreneur In Residence. Olugbenga Agboola attended MIT Sloan School of Management.

Cofounder and CEO of Kuda

Michael Seibel is the Managing Director and Group Partner of Y Combinator. He previously worked at Socialcam as a CEO. Michael Seibel attended Yale University.

Olumide Soyombo holds a BSc in Systems Engineering from University of Lagos, Nigeria and an MSc (Distinction) in Business and Information Technology from the Aston Business School, Birmingham, England; earning membership into the Beta Gamma Sigma Society for his high scholastic achievement.Olumide co–founded Bluechip Technologies Ltd in 2008 andhas grown the organisation from an organization with two employees to an organization with over 80 consultants spread across Lagos, Accra and Lusaka, Zambia.In 2014, Olumide setup Leadpath as a seed fund investing in local tech startups. He has invested in startups like Pushcv.com, Paystack, Piggybank.ng, Fashpa, Heels.com.ng , Delivery Science, Gloo.ng, and Cosign.co.

Chris Adelsbach - Founding Partner @ Outrun Ventures

The 'Afropreneur' (entrepreneur with an African focus), as he self-describes, Idris Ayodeji Bello is a Partner at LoftyInc Allied Partners Limited and co-founder of The Wennovation Hub, an innovation platform based in Nigeria, that has successfully accelerated the launch of several technology start-ups in social impact sectors. He isalso a Founding Partner at Loftyinc Capital Management, owners of the Afropreneurs Fund (I&II)The 'Afropreneur' (entrepreneur with an African focus), as he self-describes, Idris Bello is a Partner at LoftyInc Allied Partners Limited and co-founder of The Wennovation Hub, an innovation platform based in Nigeria, that has successfully accelerated the launch of several technology start-ups in social impact sectors. He is also a Founding Partner at Loftyinc Capital Management, owners of the Afropreneurs Fund (I&II)A first class honors graduate of Computer Engineering from Obafemi Awolowo University, Nigeria, he has an M.Sc in Computer Science & Data Mining from the University of Houston; an MBA in Entrepreneurship & Strategy from Rice University in Houston and an M.Sc in Global Health Science from the University of Oxford, where he was a 2011 recipient of The Lord Weidenfeld Scholarship for demonstrating remarkable potential as a future leader from an emerging economy.Idris spent the greater part of a decade working at Chevron Corporation and ExxonMobil USA, where he led several large upstream technology projects across the USA and Sub-Saharan Africa. Idris has also worked with the Clinton Foundation Health Access Initiative where he played a major role in the deployment and evaluation of Swaziland’s first mobile health patient appointment reminder system as part of the country’s National AIDS Program. Listed among CNN’s Top Ten African Technology Voices, he is a Singularity University Impact Fellow, Harambe Entrepreneur Alliance Associate, Clinton Global Initiative University Fellow, MIT Global Start-up Fellow, SAP Ashoka Global Changemakers Award Winner, Dell Technology Award Winner, StartingBloc Innovation Fellow and a Nigeria Leadership Initiative Future Leader.As a leader, Idris has mentored and catalyzed scores of contributors across the growing African landscape and is an angel investor and advisor to several African startups including Andela, Flutterwave, RelianceHMO, among others. He continues to devote his efforts to the development of innovation-driven, technology-enabled social enterprises that empower the underserved and develop transformative ideas to change lives on the African continent.He spends most of his time between Lagos, Cairo, or airport lounges.

Tayo is the Founder & Group CEO of Paga (www.paga.com), Nigeria’s leading mobile money service. Prior to Paga, Tayo was Vice-President at Travant Capital Partners, a private equity fund in West Africa. Prior to joining Travant, Tayo was a Manager, Corporate Development, at Cisco Systems in San Jose California. Tayo’s work at Paga has beenrecognized globally - in 2014 CNBC selected Tayo as the Entrepreneur of the Year West Africa, and in 2015 the African Leadership Network selected Paga as the outstanding growing company of the year in Africa. Tayo is also the co-founder of Kairos Angels, an angel investment club.Tayo earned his Bachelors of Science degree in Electrical Engineering, cum laude, from the University of Southern California, and also has a Masters in Business Administration from the Graduate School of Business, Stanford University.

Youcef Es-skouri

Allen and Ollys International Limited -

Sahil is the founder and CEO of Gumroad.Gumroad exists to help every creative earn a living selling the stuff they make directly to their audience.Previously, he was early at Pinterest — a service that lets users collect, organize, and share the things they are into — and worked on turntable's mobile apps.He designs and buildsproducts for fun and profit.

Ham Serunjogi is a co-founder and CEO at Chipper Cash.

Abdul Hassan

Co-founder of Shapers. Previously Partner at Hedosophia.

Dale Mathias

Brandon Krieg is the Co-Founder of Collective Returns, Inc. and has been its Chief Executive Officer since July 11, 2016. Brandon Krieg served as the President of Collective Returns, Inc. until July 11, 2016 and serves as its Executive Director.

Oliver is a global investor and entrepreneur based in Tel Aviv. Oliver is investing in US and China based companies and helps them to go international. Previous projects include airbnb, houzz and hoteltonight.

Karim Atiyeh is the Co-Founder and CTO of Ramp, the fastest growing spend management platform and corporate card. Launched in 2020, Ramp gives Finance leaders an edge with powerful software that helps them save time and control spend before it happens. A Lebanese entrepreneur, Karim previously built and sold YCombinator-backed Paribus to CapitalOne in 2016.

Bunmi is a graduate of Computer Science from the Michigan State University, USA. An execution focused executive with over 16 years entrepreneurial experience in high-tech sales, solutions development and management, Bunmi has developed over 20 proprietary technologies in Aviation, Government, Education, Oil & Gas and Banking sector globally.Bunmi has built more than five companies till date – each a potential billion dollar company and has substantial experience/relationships in the areas of Software development, Technology Consulting, Revenue Collection Strategies, Software Project Management, Business Startups, Internet Technology & Business Development. Bunmi is the Founder, MD/CEO of Venture Garden Nigeria.

Cristina Santin

Opeyemi Awoyemi is the Founder and Managing Partner of Fast Forward Venture Studio and Fund. He previously worked at Moneymie as a Co-Founder. Opeyemi Awoyemi attended The Wharton School.

Ed Robison is a Co-Founder of Stash. He attended the University of Sydney from 2002 to 2004.

Raffael Johnen is CEO and founding partner of auxmoney. Already during his business studies, Raffael Johnen founded his first startup company. He later worked for six years at Investmentbank Rothschild in Frankfurt in the Mergers & Acquisitions and Debt Advisory areas, most recently as Vice President. Raffael Johnen is also the founder ofExcellion Capital, a successful company in corporate finance consulting and investment, based in London. As a writer, he made a name for himself when he wrote the chapter on leveraged buyouts in the "Praxishandbuch Unternehmensbewertung".

Alan Rutledge

Kola Aina is an entrepreneur, technology operator and investor with vast experience working in Africa’s largest economic market. His prior entrepreneurial experience spans several sectors including venture capital, technology, media, agriculture, infrastructure, publishing and real estate. As an angel investor and while leading the early stageAfrican VC firm Ventures Platform. Venture Platform is a leading early stage African VC fund that provides founder friendly capital and support to early stage companies in a framework that is buoyed by corporate governance and hands-on support. Kola has lead investment in about 28 companies including Payments company; Paystack, Connectivity company; Tizeti, Healthcare company; MDaaS and the Agric-tech company; Thrive Agric.Kola, founded the enterprise technology company Emerging Platforms Limited, 9 years ago, quickly growing it to become one of the leading technology service delivery companies and leaders in the e-learning space in West Africa providing services to over 100,000 students. Emerging Platforms Limited is a software and technology firm that specializes in developing innovative technology solutions in education, national security and enterprise sectors.Prior to focusing on full time entrepreneurship, Kola worked in corporate finance, administration, corporate turn-around and strategy. He led strategy and finance for one of the largest publishing companies in Nigeria up till 2009. Before that he worked in corporate finance proving financial analysis at Fifth Third Bank in the USA.Kola is a leader in the African startup and investing ecosystem, a Ted speaker and volunteers his time advising founders, speaking at events and serves on the Presidential Committee for Job Creation and Youth Employment as well as the Private Sector Advisory Group to the Presidency on Creativity and Technology. Kola studied Electrical Engineering and then secured a Master in Business Administration degree with a specialization in Finance from Bowling Green State University, Ohio. He has received further education from Berkley University, Harvard University and the Lagos Business School.

Folabi Esan has been a partner at Adlevo Capital since it was founded in 2007.Prior to joining Adlevo Capital, Folabi was the founder and Managing Consultant of Catalyst TDC, a Nigeria-based consulting firm that advises clients on technology adoption issues within their companies. Prior to founding Catalyst TDC, Folabi was the Managing Directorof SAP Nigeria, the Nigerian subsidiary of the leading enterprise software company, for five years. He successfully drove the company to profitability within three years and was instrumental in building the company up to its current position as the leading provider of enterprise software to large corporations in the region.Before he joined SAP, Folabi managed Heureka Consulting, a marketing consulting firm that provided consulting services to small and mid-sized IT Companies in Nigeria. He started Heureka Consulting after founding and running Wood Products Limited, a Nigeria-based manufacturer of wood products. Folabi’s previous experience also includes positions with Bain & Company in the US and Andersen Consulting in Nigeria.Folabi received a B. Eng. in Mechanical Engineering (First Class Division) from Ahmadu Bello University, an M.S. in Manufacturing Systems Engineering from Stanford University, and an M.Sc. in Innovation Management and Technology Policy from University of London.

Wemimo Abbey is the Co-Founder and Co-CEO of Esusu. He attended University of Cambridge.

Vijay Shankar

Samir is a social entrepreneur, writer, and connector committed to bridging the public and private sectors by bringing together diverse communities to eliminate the access gap.In 2015, Samir Co-Founded Esusu, a platform designed to empower users to better save, access capital, and build credit through community savings. Prior to Esusu, SamirCo-Founded Transfernation, a nationally recognized 501(c)3 non-profit which uses technology to ensure excess food from events goes toward underserved communities across New York City. To-date Transfernation has rescued over 300,000 thousand pounds of food and impacted 250,000 lives. For his entrepreneurial endeavors Samir has been recognized as a WEF Global Shaper, Global Good Fund Fellow, Dalai Lama Fellow, Resolution Fellow and was the recipient of the Jefferson Awards Foundation National Public Service Award.In addition to his work as a social entrepreneur, Samir has had the opportunity to build a robust skillset over his time at LinkedIn working across 5 offices in Customer Success Consulting, Talent Acquisition, and Sales Strategy & Operations focused on Europe, the Middle East, and Africa. Previously Samir worked at The United Nations, Venture for America, and various non-profits in the New York City areaSamir is an avid writer and contributes for LinkedIn, The Daily Muse, Influencive, Mogul, and Quartz. Samir supplements his entrepreneurship and writing with public speaking engagements, which have ranged from The United Nations to the Clinton Global Initiative's Final Annual Meeting.Samir received his Bachelor's of Science from New York University's Stern School of Business. Samir enjoy's baking & cooking, staying active, travel, writing, and spending time with his family and 4 younger siblings.

Ogundiran Kayode is an individual investor.

Michael Vaughan is the Operating Partner at Stripes.

Emerging market investor. Partner @ RaliCap.

Dare Okoudjou is the Founder and CEO of MFS Africa, a leading Pan-African Fintech company, operating the largest digital payments hub on the continent. The MFS Hub is connected to 170 million mobile wallets in Sub-Saharan Africa offering unparalleled reach into the growing African middle class. The company allows merchants, banks, mobile operatorsand money transfer companies to take advantage of the unique ubiquity of mobile wallets as a safe, convenient, and cost-effective transaction channel. MFS Africa works in close partnership with players across the ecosystem to bring simple and secure mobile financial services to un- and under-banked customers. MFS Africa was recently named by the international business magazine Fast Company as one of Africa’s Top 10 Most Innovative Companies. Prior to founding MFS, Dare worked at MTN Group, where he developed its mobile payment strategy and led its implementation across the company’s operations in 21 countries throughout Africa and the Middle East. He began his career as a management consultant with PricewaterhouseCoopers in Paris. He has an MSc in Telecom Engineering from ENST-Paris and an MBA from INSEAD.

Arash Ferdowsi is the Co-Founder & CTO at Dropbox. After studying at MIT, Arash Ferdowsi founded Dropbox with Drew Houston. Dropbox was a TechCrunch50 finalist in 2008.

Gbite Oduneye is the Founder and Managing Partner of ODBA. He attended UWE Bristol and Said Business School, University of Oxford.

Ronald Chagoury Jr. is the Vice Chairman of South Energyx Nigeria Limited, which is part of the Chagoury Group, a multinational business conglomerate based in Lagos, Nigeria. The company is currently working on Eko Atlantic, a new city construction project located on Victoria Island, adjacent to Lagos. As the Vice Chairman, Ronald Chagoury Jr. hasremained a driving force behind some of the city’s key developments, including the Marina District of Eko Atlantic, an international hospital, international school and luxury shopping center. These features add value to not only investors but also the citizens of Nigeria, as the country represents one of the world’s last emerging growth markets. In that vein, Ronald Chagoury Jr. hopes to represent Africa in a positive, powerful light and demonstrate that Africa is a global power through innovative and prosperous projects like Eko Atlantic. Ronald Chagoury Jr. has been heavily involved in this high-tech project since 2008 when the land off of the coast of Lagos began being reclaimed. Eko Atlantic is a large scale development on Victoria Island, that will solve the real estate shortage facing the surrounding areas, as well as improving the quality of life for residents put Nigeria at the forefront of technological innovation in Africa. Unlike other smart cities around the world, the Eko Atlantic project creates an entire city from scratch, making sure every process is environmentally safe. The Eko Atlantic project had humble beginnings before it became a massive stretch of land, over 10 million square kilometers. Originally, the major concern was protecting Lagos from coastal erosion by creating a solid sea wall. For years, Lagos was subjected to dangerous storm surges that put the residents and property at risk. Over the course of a hundred years, the land that was originally off of the coast of Lagos has washed away and land depletion became a serious problem. As the seawall project was being planned by South Energyx Nigeria Limited, the idea came about that this project could actually be a positive catalyst for incredible change for not just Lagos, but Nigeria as a whole. In order to ensure that the reclaimed land could withstand immense and powerful storms, research was completed by world-renowned experts on the best way to go about this undertaking. The land was created by pumping land from the seafloor to the surface, and a substantial sea wall, called the Great Wall of Lagos, was constructed eight and a half meters above sea level and was tested by the world-renowned Danish Hydraulic Research Centre. The massive structure will not only protect Lagos, it will also protect Eko Atlantic from dangerous currents and waves. This project of reclamation and sustainability is designed with the future in mind. Ronald Chagoury Jr. is passionate about being a part of the Eko Atlantic project, which will provide a great service to the people of Nigeria by giving the growing middle class a place to work and live. The project will serve as a way to increase the available housing options for the people of Lagos, as there is currently a shortage of housing for the residents due to a rapidly increasing population. Current numbers show that the housing market only represents 0.5% of the Nigerian GDP, which equals to about $3 billion in mortgages per year. In contrast, the housing market contributes to nearly 22% of their national GDP, equaling $77 billion per year. The Eko Atlantic project will inadvertently affect these numbers in a positive way and will increase the availability of housing, not only to current residents but also for those choosing to move to the country. Eko Atlantic will also serve to provide a greener way of life for those who live and work in the city. Lagos is a major economic player in the Nigerian economy, serving as the backbone for manufacturing, agriculture, banking, mining, telecom, and the energy industry. Ronald Chagoury Jr., alongside the Chagoury Group, which aims to facilitate growth and expansion in Africa (particularly Nigeria), supports numerous industries such as those depicted above because of the influence of the Nigerian economy. The infrastructure of Lagos, although has improved in recent years, still has a way to go. With investments in the Eko Atlantic city, there is no reason that the economy will improve substantially, while also improving the economies of neighboring countries and even neighboring continents like Europe. Ronald Chagoury Jr. and South Energyx Nigeria Limited have been working with the Nigerian government on plans to improve the public transportation that is available in the country. Projects like the new railway and ferry system will work alongside the Eko Atlantic project, which is completely privately funded. Ronald Chagoury Jr. and his family have been in Nigeria for more than 40 years, allowing them to gain a deep understanding of how the country has evolved. Helping Lagos become a financial center for Sub-Saharan Africa, and eventually, the continent was a natural fit for the Chagoury Group. At their core, the Chagoury Group aims to dispel myths about Africa’s limitations when it comes to economic and structural growth. Ronald Chagoury Jr., at the head of the Eko Atlantic project, hopes that this new green city and all of its parts serve to support that goal.

Peter Kisadha - Founder and CEO @ Digest Africa

Shadi Abdulhadi

Sandeep Nailwal is the Co-Founder of Polygon. He is a former Co-Founder and CEO of Scopeweaver. He attended the National Institute of Industrial Engineering.

Ezra Olubi is the CTO and Co-Founder at Paystack.

Tom Blomfield is the CEO of Monzo, a new kind of bank, designed for smartphones. Tom previously founded GoCardless, a fintech startup that has gone on to raise $25m. In 2013, he was nominated as one of the Top 5 Entrepreneurs Under 30 by the European Commission. He gives talks regularly about the future of banking and fintech.

Musty Mustapha - Co-Founder and CTO @ Kuda

Olumide Ogunsanwo is a Investor (Adamantium fund -> African startups), Podcaster (Afrobility) & Advisor (Google Bizops) | Oxford, MIT & McKinsey alum.

Yuzuru Honda is a Founder & Global CEO of FreakOut.

Immad Akhund is the CEO and Founder of Mercury.

Sajid currently works as Managing Partner at MyAsiaVC He attended London Business School.

Timi Aboyeji

One of the UK's leading tech angel investors. Active seed and pre-seed stage angel investor in UK based disruptive tech. Prefers businesses venturing into pastures new and keen investing at the pre product stage whether BtoC or B2B. Twice exited UK based tech entrepreneur with experience operating tech businesses in 20 countries in multiplelanguages. Co-founded Gumtree with Simon Crookall which was acquired by Ebay and Slando acquired by Naspers.

Johan brings more than a decade of experience with high growth internet companies, both from the founder and investor side. Johan joined Holvi from the venture capital firm Sunstone, to change the future of banking first hand. Prior to that Johan has also worked on both, the technology and infrastructure, sides of traditional banking, as welladvising and investing in #fintech companies. Holvi | Holvi provides small businesses, freelancers, sole traders and contractors a pan-European business platform of the digital age as well as a full replacement for the traditional bank account. Holvi is built completely separately from any existing banks allowing the company to have full flexibility on choosing partnerships and bringing services with most added value to the customer. Holvi's vision on the future of banking is a fully customisable financial hub where people can plug in the channels and services they actually need. Holvi's mantra? Stay human.

Samvit went through the Y Combinator program and started his first venture-backed company when he was nineteen years old. Prior to starting Equidate, Samvit co-founded Streem, a cloud storage company which was acquired by Box in 2014. Samvit is an active angel investor and frequently invests in startups through S2 Capital, where he serves asfounding partner. His previous work spans numerous startups,most recently including Asana where he built out distributed systems infrastructure and Livemagic where he developed audio fingerprinting algorithms. In a previous life, he conducted research on high temperature superconductivity at the Lawrence Berkeley National Lab. Samvit holds a BS in Electrical Engineering and Computer Science from UC Berkeley.