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Top 50 FinTech Startup Investors in Nigeria (July 2026)

The most active venture capital funds and angel investors investing in Nigeria FinTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Nigeria FinTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ventures Platform
VC Fund
27 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4.4M
Microtraction
VC Fund
22 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $25k–$1.3M
Ingressive Capital
VC Fund
20 Nigeria, United States, Egypt Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology $25k–$15M
GreenHouse Capital
VC Fund
14 Nigeria, Kenya, United States Seed, Pre-Seed Financial Services, FinTech, Payments
LoftyInc Capital
VC Fund
13 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$37M
Kepple Africa Ventures
VC Fund
13 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software $300k–$4.5M
Musha Ventures
VC Fund
12 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $125k–$10M
Voltron Capital
VC Fund
11 Nigeria, United States, Senegal Pre-Seed, Seed, Angel Financial Services, FinTech, Payments $195k–$3M
Future Africa
VC Fund
11 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$20M
Golden Palm Investments
VC Fund
9 Nigeria, Egypt, Kenya Seed, Pre-Seed, Series A Information Technology, FinTech, Payments $125k–$15M
Launch Africa
VC Fund
8 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
Entrée Capital
VC Fund
8 United States, Israel, United Kingdom Seed, Series A, Series B Software, FinTech, Financial Services $1.4M–$60M
Tencent
VC Fund
7 China, United States, United Kingdom Series B, Series A, Series C Software, Financial Services, Artificial Intelligence $3.9M–$400M
Beta.Ventures
VC Fund
7 Nigeria, United States, United Kingdom Seed, Pre-Seed, Series A Financial Services, FinTech, B2B $100k–$3M
54 Collective
VC Fund
7 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$4M
Target Global
VC Fund
7 Germany, Israel, United Kingdom Series A, Seed, Series B FinTech, Software, Financial Services $2.7M–$100M
Olugbenga Agboola
Angel
6 Nigeria, Kenya, United States Pre-Seed, Seed, Series A FinTech, Financial Services, Finance $625k–$7.5M
Flourish Ventures
VC Fund
6 United States, India, Brazil Series A, Seed, Series B FinTech, Financial Services, Finance $2M–$65M
Babs Ogundeyi
Angel
6 Nigeria, Zambia, Pakistan Seed, Pre-Seed FinTech, Financial Services, Finance $780k–$6M
True Capital Management
VC Fund
6 United States, Nigeria, Canada Seed, Series A, Pre-Seed FinTech, Financial Services, Software $125k–$59M
Lateral Frontiers
VC Fund
6 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Financial Services, FinTech, Software $500k–$15M
BYLD
VC Fund
5 United States, United Kingdom, Nigeria Seed, Pre-Seed, Series A Financial Services, Payments, FinTech $120k–$6.5M
EchoVC Partners
VC Fund
5 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Information Technology, FinTech, Software $200k–$22M
TLcom Capital Partners
VC Fund
5 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology $1.9M–$15M
Raba Partnership
VC Fund
5 United States, South Africa, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Finance $635k–$32M
Partech
VC Fund
5 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS $1.1M–$55M
First circle capital
VC Fund
5 Nigeria, Egypt, United States Pre-Seed, Seed Financial Services, FinTech, Finance $100k–$4M
VestedWorld
VC Fund
5 Nigeria, Kenya, Ghana Seed, Series A, Series B Agriculture, Farming, E-Commerce $1.6M–$20M
Atlantica Ventures
VC Fund
5 Nigeria, South Africa, United States Seed, Pre-Seed, Series A Software, FinTech, Internet $450k–$3.7M
Olumide Soyombo
Angel
5 Nigeria, United States, United Kingdom Pre-Seed, Seed, Angel FinTech, Financial Services, Finance $260k–$2.1M
Team Ignite Ventures
VC Fund
5 United States, Canada, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $500k–$25M
VentureSouq
VC Fund
5 United States, United Arab Emirates, Saudi Arabia Seed, Series A, Series B FinTech, Financial Services, Software $250k–$50M
Berrywood Capital
VC Fund
5 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Payments $125k–$8.5M
African Development Bank
VC Fund
4 Nigeria, South Africa, Kenya Debt Financing, Grant, Post-IPO Debt Financial Services, Banking, Finance $200k–$692M
Silverbacks Holdings
VC Fund
4 Nigeria, United States, Egypt Seed, Venture - Series Unknown, Series B FinTech, E-Commerce, Financial Services $200k–$100M
RaliCap
VC Fund
4 United States, Mexico, Nigeria Seed, Pre-Seed, Angel Financial Services, FinTech, Payments $313k–$5.5M
Left Lane Capital
VC Fund
4 United States, Germany, Canada Series A, Series B, Seed FinTech, Financial Services, Software $2.5M–$100M
UNCOVERED FUND
VC Fund
4 Nigeria, Kenya, United States Seed, Series A FinTech, Financial Services, E-Commerce $1.5M–$20M
Speedinvest
VC Fund
4 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $549k–$33M
Thelatest.ventures
VC Fund
4 Nigeria, The Netherlands Series A, Series B, Debt Financing FinTech, Financial Services, Finance $23M–$65M
HoaQ
VC Fund
4 Nigeria, United Kingdom, United States Pre-Seed, Seed, Angel FinTech, Financial Services, Internet $100k–$3.3M
Tekedia Capital
VC Fund
4 United States, Nigeria, United Arab Emirates Pre-Seed, Seed, Angel FinTech, Information Technology, Financial Services $150k–$2.5M
Zrosk Investment Management
VC Fund
4 Nigeria, United Kingdom, United States Seed, Pre-Seed, Series A Financial Services, FinTech, Finance $200k–$33M
The Chrysalis Capital
VC Fund
4 Nigeria, United States Seed, Series A, Pre-Seed Financial Services, FinTech, Bitcoin $2M–$15M
Michael Seibel
Angel
4 United States, Nigeria, United Kingdom Pre-Seed, Seed, Series A Artificial Intelligence, Software, FinTech $500k–$21M
Saison Capital
VC Fund
4 India, Singapore, Indonesia Seed, Series A, Pre-Seed Financial Services, FinTech, Information Technology $1.5M–$33M
Accion Venture Lab
VC Fund
3 India, United States, Mexico Seed, Series A Financial Services, FinTech, Finance
AfricInvest
VC Fund
3 Tunisia, Kenya, Morocco Private Equity, Series A Financial Services, Manufacturing, FinTech
Mercy Corps Ventures
VC Fund
3 Kenya, United States, Colombia Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology
Century Oak Capital
VC Fund
3 Nigeria, United States, Kenya Seed, Pre-Seed, Series A FinTech, Retail, Software
Access all 754 investors in Nigeria FinTech startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 27 investments in Nigeria FinTech startups

We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.

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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 148
  • Round size: Seed $325k–$4.4M; Pre-Seed $100k–$3M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Brass — Get started with a modern current account
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
  • ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 22 investments in Nigeria FinTech startups

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Ghana

Investor stats

  • Total investments: 104
  • Round size: Seed $25k–$1.3M; Angel $30k–$50k; Pre-Seed $50k–$1.1M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Spring in Africa — Wallets Africa helps Africans and African-owned businesses send money, receive money, make card payments, and access overdrafts.
  • Allpro Technologies — Their mission is to Facilitate the free flow of finance and data in the school ecosystem.
  • ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
Show all investments...

Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 20 investments in Nigeria FinTech startups

Ingressive Capital is a renowned $50M Pan-African Venture Capital Fund that invests in indigenous founders and startups across Africa, with focus on Egypt, Ghana, Kenya, Morocco, and Nigeria. Specializing in early-stage investments, particularly Pre-Seed and Seed stages, it targets technology companies led by top-tier talent driving transformativegrowth in Africa's GDP. The firm's thesis focuses on B2C solutions that cater to the explosive growth within the tech-enabled, decentralized-learning youth demographic, as well as B2B solutions that increase Africa’s value chain ownership from resource extraction to end-product sale. Its goal is to become becoming a highly valuable VC partner on the founders' cap tables, and being at the forefront of supporting and enabling entrepreneurial success across Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Nigeria, United States, Egypt

Investor stats

  • Total investments: 73
  • Round size: Seed $400k–$3.7M; Pre-Seed $25k–$2.1M; Series A $500k–$15M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — raised $5M in 2023

Portfolio highlights

  • SehaTech — Welcome to SehaTech, the groundbreaking company revolutionizing the health insurance market with our innovative solutions!
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Eduflexx AI — EduFlexAI is an AI-driven ed-tech platform that personalizes learning by adapting school curriculums to individual student needs. Using advanced machine learning, real-time analytics, and AI-powered tools, EduFlexAI enhances engagement, improves academic performance, and optimizes teacher efficiency. Our mission is to make quality education morepersonalized, inclusive, and accessible for students worldwide.
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GreenHouse Capital
VC Fund · Ikeja, Lagos, Nigeria · 14 investments in Nigeria FinTech startups

GreenHouse Capital’s Founding Partners took their own fintech company Venture Garden Group (VGG) from a 7 employee, ₦30 million revenue startup to a 200 employees, ₦2 billion power house in just 4 years and raised an attention grabbing Series A round from Convergence Partners of South Africa. The uniqueness of their position was not lost on thefounders who then cultivated Garden Institute of Business Entrepreneurs (GIBE) to identify, incubate, and invest in young and innovative tech startups solving global challenges in Emerging Markets. GIBE was created to build a world class talent management hub for young and passionate entrepreneurs while creating a pool of technology inclined businesses and innovation oriented leaders.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 32
  • Lead/follow: no public data

Portfolio highlights

  • Credpal — Buy now, pay later. Split in 6.
  • Encore Pay — Encore Pay is a UAE-based FinTech and Payment solutions provider.
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
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LoftyInc Capital
VC Fund · Carmel, California, United States · 13 investments in Nigeria FinTech startups

LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Egypt

Investor stats

  • Total investments: 147
  • Round size: Seed $100k–$5M; Pre-Seed $100k–$2.4M; Series A $250k–$37M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $14M in 2021

Portfolio highlights

  • Aku — Aku is a financial technology to drive financial inclusion on one mobile device. They provide payments and bring financial services to the doorstep. They support the new business owner in need of the right tools. They offer low-cost, accessible financial services that serve their customers. They radically democratized access to banking and digitalpayment channels.
  • Cauridor — Cauridor is a Financial Services company.
  • AlumUnite — AlumUnite is a purpose-built platform to connect all educated Africans to develop Africa's human capital through alumni groups. We crowd-resource education.
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 13 investments in Nigeria FinTech startups

We back exceptional founders in and from Africa who are addressing deep gaps between the status quo and the ideal.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, Egypt

Investor stats

  • Total investments: 78
  • Round size: Seed $500k–$4.5M; Pre-Seed $300k–$3.4M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
  • TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
  • Onboard — Onboard helps hardware companies transform their text manuals to 3D, intelligent manuals with instant customer support capabilities.
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Musha Ventures
VC Fund · New York, New York, United States · 12 investments in Nigeria FinTech startups

Seed capital for technology startups globally.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 156
  • Round size: Seed $125k–$6M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Zeno — Zeno is a climate conscious motor company that offers eco-friendly motorcycles.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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Voltron Capital
VC Fund · 11 investments in Nigeria FinTech startups

On a mission to back the most extraordinary entrepreneurs out of Africa solving important problems in large markets.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Senegal

Investor stats

  • Total investments: 52
  • Round size: Seed $1M–$3M; Pre-Seed $195k–$2M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Allawee — Allawee is a corporate credit card with a credit line to help you spend smarter. We give you high credit limits, attractive cashback rewards and advanced spend management tools.
  • Raenest — Access Virtual Accounts, Invoicing, Multi-Currency Payouts, Auto Payroll, Accounting Integrations, and Virtual & Physical cards within minutes.
  • Woodcore Inc — Woodcore is a Cloud Enabled Core Banking System for Banks, Micro Financial Institutions and Neo Banks primarily for emerging markets. We provide them with the Core banking system to digitise their existing process from using excel or any manual ways of offering banking service and then provide them with the merchant payment platform which allowsthem to be technology ready for integrations from third parties.
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Future Africa
VC Fund · San Francisco, California, United States · 11 investments in Nigeria FinTech startups

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 89
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$20M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — Juice is a developer of a payment network platform for cross-border business payments for businesses and individuals. It facilitates financial transactions between parties regardless of location to allow enterprises to participate in international trade and the exchange of goods and services.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
Show all investments...

Golden Palm Investments
VC Fund · Accra, Greater Accra, Ghana · 9 investments in Nigeria FinTech startups

Golden Palm Investments is an investment holding and advisory company.

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Investment focus

  • Industry: Information Technology, FinTech, Payments
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Egypt, Kenya

Investor stats

  • Total investments: 59
  • Round size: Seed $1.8M–$6M; Pre-Seed $125k–$6.5M; Series A $2M–$15M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • Talstack — Talstack is an all-in-one platform for employee growth and development
  • MAKA — MAKA is a community commerce platform for fashion and beauty, enabling everyone to discover their style, feel represented.
  • Renda — At Renda, we are passionate about revolutionizing the logistics and mobility sectors with cutting-edge technology that enables businesses and operators to seamlessly scale in emerging markets.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 8 investments in Nigeria FinTech startups

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 178
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.8M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Yamify — Yamify is an AI platform where intelligent agents reliably run mission-critical business workflows in Africa. Founded by Silicon Valley engineers, our platform automates complex operations by integrating humans, systems, and infrastructure reliably, even under connectivity, latency, and compliance challenges. Starting with on-prem deployments,Yamify is evolving into a full AI automation infrastructure for African enterprises.
  • Shopstar — A place for makers and creators to start, manage and grow successful online stores. Our built-in design, payment and shipping methods provide you with an all in one solution. Get started with a free 14-day trial.
  • Kashat — The region's first nano financial service provider, offering small productive loans, and serving as the entry point to financial inclusion for the un- and underbanked population in Egypt.
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Entrée Capital
VC Fund · London, England, United Kingdom · 8 investments in Nigeria FinTech startups

We are a team of former serial founders managing $1.5Bn across a number of funds, with offices in Tel Aviv, London, and New York. We back the next generation of category-defining companies with conviction of founders who have built companies themselves.We back founders with a partnership built on trust, fairness and real operating experience. Westand with founders through every challenge, and help them grow with clarity, resilience and purpose.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, Israel, United Kingdom

Investor stats

  • Total investments: 268
  • Round size: Seed $1.4M–$15M; Series A $5M–$30M; Series B $14M–$60M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $300M in 2022

Portfolio highlights

  • Cypago — Enterprise-grade Cyber GRC Automation Platform Enterprise-grade Cyber GRC solution for any security and compliance standard, across hybrid and multi cloud environments
  • Sensi AI — Clanz Technologies offers an audio-based system designed to support security in human interactions. The system works by connecting to devices that record audio. It analyzes audio data to find unusual sounds or patterns that may indicate incidents. When an anomaly is detected, the system sends alerts in real time. The service also providesinformation about conditions that can affect care quality, such as stress levels or lack of training. It can be used in places where monitoring human interaction is important for safety. The company offers a demo for organizations that want to use the system.
  • IRP Systems — IRP Systems delivers high performance electric vehicle systems, EVVER e-powertrains and TrueDRIVE control software for fast integration.
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Tencent
VC Fund · Shenzhen, Guangdong, China · 7 investments in Nigeria FinTech startups

Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 559
  • Round size: Series A $3.9M–$230M; Series B $15M–$283M; Series C $35M–$400M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Reddit — Homepage - Reddit
  • XtalPi — XtalPi is a pharmaceutical technology company that is reinventing the industry’s approach to drug research and development with its Intelligent Digital Drug Discovery and Development (ID4) platform. Through its tightly interwoven quantum mechanics, artificial intelligence, and high-performance cloud computing algorithms, the ID4 platform enablespharmaceutical companies to increase their efficiency, accuracy, and success rate at critical stages of drug R&D. By accelerating the pace of drug discovery and development, XtalPi aims to contribute to a healthier society worldwide.Founded in 2014 by a group of quantum physicists at MIT, XtalPi has since grown into an elite team of researchers with multi-disciplinary expertise in physics, chemistry, pharmaceutical R&D, and algorithm design. XtalPi has received much recognition for its cutting-edge technologies, its innovative solutions, and the breadth of potential applications of its offerings across the pharmaceutical value chain, which has allowed it to gain industry approval and establish strategic partnerships with several top international pharmaceutical companies.
  • PolicyBazaar — Compare insurance policies offered by various insurers in India & buy insurance policy online. Get instant quotes & save huge on premiums.
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Beta.Ventures
VC Fund · Lagos, Lagos, Nigeria · 7 investments in Nigeria FinTech startups

Beta.Ventures supports Africa's leading tech entrepreneurs.We are a New York and Lagos based venture capital firm helping ambitious entrepreneurs build innovative products and services, with a focus on rapid revenue and profit growth. We are unique in our ability to help companies grow organically in Africa, while also scaling globally.Wework closely with talented founders and teams from product idea to product launch through to the next stage of company development with a goal to maximize success and minimize risk.Our partners, affiliates and mentors lead top technology companies locally and internationally and we encourage you to partner with us to take advantage of our experience building great products/services, negotiating partnerships and deals, leading teams, and raising money. With us, you will avoid mistakes we, and others, have made.

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Investment focus

  • Industry: Financial Services, FinTech, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 15
  • Round size: Seed $100k–$3M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Rayda — Infrastructure to acquire, manage, insure and dispose fixed assets for businesses globally.
  • Voyance — Voyance is a big data company helping businesses predict the future using machine learning combined with their data. Our platform can be used to answer questions like what does my revenue look like in the next two months, is this transaction fraudulent, will this customer churn and much more. We are currently piloting with organisations like banks,ecommerce and fintechs companies across Africa and United Arab Emirates.
  • Stacs — Stacs allows you to quickly pay for what you need without breaking the bank by dividing your largest bills into tiny bits.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 7 investments in Nigeria FinTech startups

Building and scaling African tech startups with catalytic capital, value-add support and our global network.

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Investment focus

  • Industry: Health Care, Information Technology, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 108
  • Round size: Seed $40k–$4M; Pre-Seed $40k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Yeah — Yeah is a financial technology company that offers payment processing services while building a credit profile for the banked and unbanked.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Target Global
VC Fund · Berlin, Berlin, Germany · 7 investments in Nigeria FinTech startups

Target Global is a prominent European technology investment firm with a significant presence in the venture capital landscape, boasting over €3 billion in assets under management. The firm operates out of key tech hubs including London, Berlin, Tel Aviv, and Abu Dhabi, and has a rich portfolio featuring some of Europe's most successful techcompanies such as Revolut, Auto1, Copper, Delivery Hero, Docplanner, and Rapyd.Founding and GrowthTarget Global was established in 2015 by Shmuel Chafets and Yaron Valler, who brought a wealth of experience from their tenure at Hasso Plattner Ventures. Their professional partnership dates back 15 years to their time at Giza Venture Capital, a trailblazer in Israel's investment ecosystem, where they honed their investment acumen and industry foresight.Investment Philosophy and ImpactTarget Global stands out in the European tech industry for its diverse team and its ability to identify and capitalize on unique opportunities. The firm's knack for recognizing potential in the early stages of Germany's tech economy led to the emergence of several unicorns in the 2010s. As the European tech industry evolves, Target Global remains at the forefront, seeking out innovative companies like Robovision, Saleor, and Finom. These recent investments reflect the firm's commitment to supporting cutting-edge technology and business models.Fundraising SuccessesTarget Global's fundraising prowess is evident in its six investment funds, which have collectively raised significant capital. The funds range from Early Stage Funds, focusing on nascent startups, to Growth Funds that support more mature companies scaling their operations. The firm's co-investment strategy has led to over €1 billion in capital deployment across a diverse array of partnerships.Backing and AchievementsWith the backing of investors such as FERI, UBS, Allianz X, Mubadala, and Hermes GPE, Target Global has cemented its reputation as a trusted and successful investment firm. Its portfolio spans over 140 companies at various development stages, with a focus on those targeting trillion-dollar markets.Just a few of the many notable companies in the firm’s portfolio include:- Tarabut, MENA’s leading open banking platform, which was recently featured in Forbes Middle East’s list of Top 50 Fintech Companies.- Flo Health, an AI-driven women’s health product, which is the world’s top health and fitness app by downloads.- Robovision, an easy-to-use AI-driven computer vision platform for users to develop their own deep-learning-based solutions.- Enter, a German company that helps homeowners and businesses reduce their carbon footprint.Target Global's track record includes support for 15 unicorn companies, over 20 exits, and 7 IPOs, showcasing its ability to drive growth and success in the European tech ecosystem. The team, comprised of individuals with founder and operator backgrounds, continues to pursue exceptional opportunities to expand the firm's portfolio and influence.Target Global's journey from its inception to its current status as a key player in European venture capital is marked by strategic investments, a commitment to diversity, and a deep understanding of the tech industry's dynamics. With a clear vision for the future, Target Global is poised to continue its role in shaping the next wave of European tech giants.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: Germany, Israel, United Kingdom

Investor stats

  • Total investments: 204
  • Round size: Seed $2.7M–$19M; Series A $3.8M–$35M; Series B $11M–$100M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Endel — Personalized soundscapes to help you focus, relax, and sleep. Backed by neuroscience.
  • Flo Health — Track your periods, ovulation, and pregnancy with the Flo app. Log your cycle symptoms so you can understand your body better.
  • Xpand (formerly 1MRobotics) — Last mile delivery challenge, solved!
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Olugbenga Agboola
Angel · San Francisco, California, United States · 6 investments in Nigeria FinTech startups

Olugbenga Agboola is based out of San Francisco, California, and is the Founder and Chief Executive Officer of Flutterwave. Olugbenga previously worked at Access Bank as a Head of Digital Factory and Innovation. Olugbenga Agboola attended EC-Council University. Olugbenga Agboola has been a Certified Ethical Hacker and a Security Analyst.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 28
  • Round size: Seed $1.5M–$7.5M; Pre-Seed $625k–$3.7M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Terra Industries — Terra Industries develops autonomous security systems and software platforms that support the monitoring and protection of physical assets, infrastructure, and operational environments across land, air, and maritime domains. The company provides unmanned vehicles, autonomous towers, and sensor-based surveillance hardware that collect and transmitdata for continuous situational awareness. Its software layer, built around an integrated operating system, processes sensor inputs, applies artificial intelligence models, and coordinates automated responses to detected events. Terra Industries designs its systems to support functions such as perimeter security, infrastructure monitoring, asset tracking, and threat detection within complex operational settings. The company’s platforms enable operators to manage multiple autonomous devices through a unified interface that supports mission planning, data visualization, and system control. Its technology is used by organizations that require coordinated security, monitoring, and response capabilities for facilities, remote sites, and distributed operations.
  • Lorum Finance
  • Fuse Financial Technologies — Financial APIs for building products in the Middle East.
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Flourish Ventures
VC Fund · Redwood City, California, United States · 6 investments in Nigeria FinTech startups

We are an early-stage global venture capital firm investing in fintech founders.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 192
  • Round size: Seed $2M–$14M; Series A $5.2M–$33M; Series B $8.3M–$65M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Ringkas — Ajukan KPR mu di Platform Ringkas via Digital dan Online, Telah Bekerjasama dengan 25+ Bank Partner
  • Akua — Akua is an acquiring-as-a-service platform that offers scalable, secure, and efficient payment processing solutions for Latin America. Our platform leverages advanced technology to provide superior transaction processing, fraud prevention, and comprehensive regional integration. Problem Latin America's acquiring card payment markets aredominated by a few incumbents using outdated systems, hindering the adoption of new payment technologies and increasing fraud risks.
  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
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Babs Ogundeyi
Angel · Yaba, Lagos, Nigeria · 6 investments in Nigeria FinTech startups

Cofounder and CEO of Kuda

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Zambia, Pakistan

Investor stats

  • Total investments: 12
  • Round size: Seed $2M–$6M; Pre-Seed $780k–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Zazuu — Zazuu is a platform for sending money across the border.
  • Curacel — Curacel creates APIs & tools that enable businesses to embed insurance in digital channels and to administer claims cost-effectively.
  • Maplerad — Maplerad is a fast, safe and easy way to send and receive money with friends, family or others you trust. You can receive and send money directly into any Nigerian bank account in minutes using Bitcoin, US Dollars, and Naira.
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True Capital Management
VC Fund · San Francisco, California, United States · 6 investments in Nigeria FinTech startups

Achieve your financial goals & build generational wealth with our entertainer & athlete wealth management services. Offering comprehensive financial planning.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Canada

Investor stats

  • Total investments: 134
  • Round size: Seed $917k–$4.4M; Pre-Seed $125k–$725k; Series A $9.1M–$59M
  • Lead/follow: 1% lead, 99% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2012

Portfolio highlights

  • MoonPay — MoonPay offers a fast and simple way to buy and sell cryptocurrencies. Buy crypto with credit card, bank transfers or Apple Pay today.
  • Milano Vice — Milano Vice is building a new virtual food brand by working with professional kitchens to prepare and deliver delicious pizzas to home.
  • Kapital — Kapital empowers SMBs with a tech-banking platform giving visibility and control of their treasury, and their employees
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Lateral Frontiers
VC Fund · New York, New York, United States · 6 investments in Nigeria FinTech startups

Lateral Capital is a mission driven venture fund investing in early and growth stage opportunities in Africa. We back companies that provide foundational technologies for the continent. We make debt and equity investments technology-enabled businesses that profitably solve significant pain points across financial services, healthcare, education,energy, agriculture, housing, logistics, mobility and more.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 42
  • Round size: Seed $1M–$12M; Pre-Seed $500k–$3.5M; Series A $558k–$15M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2020

Portfolio highlights

  • Rhaeos — Rhaeos, the world's first wearable shunt monitor, aims to improve the quality care for patients with hydrocephalus through a novel, thermal biosensor. Developed within Northwestern University with collaboration between Dr. John Rogers, McCormick School of Engineering, Feinberg School of Medicine and Kellogg School of Management, Rhaeosrepresents a unique multidisciplinary translational effort for an important clinical need.
  • Wattnow — Wattnow is a real-time monitoring solution that provides a breakdown of energy spending to identify wasteful trends.
  • Octavia Carbon — Reversing Climate Change | Ending the Fossil Fuel Age | In Kenya.
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BYLD
VC Fund · London, England, United Kingdom · 5 investments in Nigeria FinTech startups

Byld Ventures is a corporate venture capital firm focusing on early-stage technology investments.

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Investment focus

  • Industry: Financial Services, Payments, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Nigeria

Investor stats

  • Total investments: 25
  • Round size: Seed $200k–$6.5M; Pre-Seed $120k–$2.1M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Munify — Fast, secure, and cost-efficient cross-border payments powered by stablecoins. Send and receive money globally without delays, high fees, or the complexity
  • Bluerails — Bluerails is a fintech firm that has created an on-chain treasury platform to improve cross-border payments and treasury management for businesses, family offices, and high-net-worth individuals.
  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
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EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 5 investments in Nigeria FinTech startups

EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness.

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Investment focus

  • Industry: Information Technology, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 51
  • Round size: Seed $200k–$4M; Pre-Seed $400k–$1.9M; Series A $1.2M–$22M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $8M in 2023

Portfolio highlights

  • Printivo — Design & print Business Cards, flyers, mugs and other print products online and we will deliver your doorstep. Get instant quotes.
  • S&T Media — AdPump The Best Digital Platform to advertise your products and services
  • Rana Energy — No. 1 Solar Community in Africa
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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 5 investments in Nigeria FinTech startups

TLcom Capital, is an Africa focused tech VC, with offices in Lagos, Nairobi and London. TLcom had been investing since 1999 in Tech, Media, Mobil and Internet companies across Europe, US and Africa, which is the exclusive focus of its most recent TLcom TIDE Africa funds. TLcom manages total commitments of approximately 300 million USD in thesesectors via a series of dedicated investment vehicles. Our investment strategy is to identify, back and assist world class entrepreneurs and management teams with disruptive technologies and business models, compelling intellectual property and deep market knowledge. We primarily target companies focused on Africa as a prime market, in the following investment themes: Access to Data Service; Financial Services; eCommerce; B2C applications (including but not limited to: health, education, energy, media and entertainment); and Software solutions to corporates and SMEs.

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Investment focus

  • Industry: Software, Mobile, Information Technology
  • Stage:Series A, Seed
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 68
  • Round size: Seed $1.9M–$8.5M; Series A $3.8M–$15M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Autochek — Welcome To Autochek Group's Homepage. Read About The Company's Vision And Mission. Select A Country And Apply For Car Loans
  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
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Raba Partnership
VC Fund · Cape Town, NA - South Africa, South Africa · 5 investments in Nigeria FinTech startups

The Raba Partnership, Raba Capital, Raba

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, South Africa, Egypt

Investor stats

  • Total investments: 57
  • Round size: Seed $2M–$6M; Pre-Seed $635k–$6.5M; Series A $9.2M–$32M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $60M in 2021

Portfolio highlights

  • Thndr — Thndr is a financial services company that operates an app-based investment platform.It comes with 0% commission, no account minimum, access to market data, easy account setup, and funding processes. Users can also get access to the latest news, market data, and other educational tools. Seif Amr established the company in 2020 in Cairo, AlQahirah, Egypt.
  • Ezeebit — Ezeebit is a payment solutions provider that enables African merchants to accept cryptocurrency payments both in-store and online. The platform processes transactions quickly and automatically converts the cryptocurrency into stablecoins to eliminate volatility risk. Funds are then settled into the merchant's local currency account, typicallySouth African Rand (ZAR), on the next business day. The company offers multi-currency support for popular cryptocurrencies like Bitcoin and Ethereum and maintains compliance with financial regulatory bodies.
  • Letly — Letly is developing an AI‑driven platform for the rental property market that automates tasks related to managing rental listings and tenant interactions. It aims to use intelligent agents to handle tasks such as scheduling viewings, responding to inquiries, and optimizing property management workflows. The platform is currently in a waitlistphase, signaling ongoing development and private access only.
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Partech
VC Fund · Paris, Ile-de-France, France · 5 investments in Nigeria FinTech startups

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 539
  • Round size: Seed $1.1M–$9M; Series A $4.2M–$27M; Series B $9M–$55M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Agicap — Agicap develops and sells a SaaS platform for SMBs to manage and forecast their cash flows. Agicap allows business owners to build dynamic, reliable forecasts and have real-time visibility over their current and future cash position. This data, which can be easily shared with banks, makes it easier for SMBs to access financing options and reducesthe risk of bankruptcy.
  • Teknovus — Teknovus, Inc., a fabless semiconductor and software solutions company, develops and supplies access chips and embedded software for the FTTx market. It offers Ethernet passive optical network (EPON) integrated chips for central office and customer premises applications; EPON customer premises equipment ONU; TDM transport chips that provide thecircuit emulation of T1/E1/J1 on various Ethernet switched networks; evaluation kits, which support original equipment manufacturers and service provider customers; EPON OLT solutions that offer a system-on-a-chip approach to the original equipment manufacturers; and TK3401 Intelligent EPON Node Controller that enables service providers to meet various needs of network topologies and subscriber densities. The company’s system-on-a-chips incorporate firmware for the embedded processor to control the hardware. Teknovus, Inc. markets its products through distributors in the United States, Europe, and China. Teknovus, Inc. was founded in 2002 and is headquartered in Petaluma, California with sales and support centers in Tokyo, Seoul, Beijing, Shanghai, and Shenzhen. The company also has a location in San Jose, California.
  • Almentor — almentor.net is a cutting-edge continuous e-learning platform curating top-rated video-based training programs delivered by leading subject matter experts and accessible through B2C and B2B channels to serve the needs of Arabs across the world. The platform was officially launched in January 2018 and currently offers the biggest Arabic high qualitycontinuous learning video library in the world, including paid courses, free talks, crash courses and books, primarily in Arabic.
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First circle capital
VC Fund · Casablanca, Grand Casablanca, Morocco · 5 investments in Nigeria FinTech startups

First Circle Capital is a venture capital firm seeding the next fintech generation in Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, Egypt, United States

Investor stats

  • Total investments: 35
  • Round size: Seed $455k–$4M; Pre-Seed $100k–$780k
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Pumpkn — Need reliable funding? We provide quick loans and capital tailored for Agriculture businesses in South Africa. Grow your business with Pumpkn. Apply now!
  • Scale — Scale accelerates market entry and revenue for fintechs with a people-first approach.
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VestedWorld
VC Fund · Chicago, Illinois, United States · 5 investments in Nigeria FinTech startups

VestedWorld is an early-stage venture capital firm that invests in emerging markets companies that have the potential to generate competitive financial returns while contributing towards the growth and development of the markets in which they are located. The firm supports these businesses through the infusion of capital, active involvement incorporate governance, and by providing direct strategic and operational assistance.

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Investment focus

  • Industry: Agriculture, Farming, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Nigeria, Kenya, Ghana

Investor stats

  • Total investments: 28
  • Round size: Seed $1.6M–$5.9M; Series A $2.5M–$4.4M; Series B $9M–$20M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $187k in 2020

Portfolio highlights

  • BFree — BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances.
  • Points Africa — Points Africa offers financial services specializing in customer loyalty and lifecycle management. It develops revenue-building campaigns and integrates technology for service operations. The company also provides UI/UX design and transaction data management.
  • Jackfruit Finance — Fast, flexible school financing in Kenya. Get working capital, projects, and asset loans designed around school fee cycles and growth needs.
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Atlantica Ventures
VC Fund · Lagos, Lagos, Nigeria · 5 investments in Nigeria FinTech startups

Are you looking for start-up funding for your business? Get in touch with Atlantica Ventures to get the kick-start your start-up needs.

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Investment focus

  • Industry: Software, FinTech, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 15
  • Round size: Seed $1.5M–$3.7M; Pre-Seed $450k–$2.1M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2021

Portfolio highlights

  • Nosible — Nosible is the creator of a search engine that helps investors find appropriate investment ideas.
  • Salus Cloud — Salus Cloud is an AI-native platform for engineers to develop and manage security.
  • Cybervergent — Cybervergent is a company that helps entities across Africa and beyond seamlessly achieve governance, security, privacy, compliance, and risk management across digital ecosystems. Our platform provides organisations with a single platform to manage compliance, risk, privacy, audit and data security. With AI-powered automation, it helps you cut downmanual effort, reduce risk exposure, and demonstrate trust to regulators, customers, and stakeholders.
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Olumide Soyombo
Angel · Lagos, Lagos, Nigeria · 5 investments in Nigeria FinTech startups

Olumide Soyombo is the Co-Founder of Bluechip Technologies. Olumide Soyombo attended Aston University.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 22
  • Round size: Seed $1M–$1.3M; Angel $260k–$1M; Pre-Seed $260k–$2.1M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Wealth8 — Wealth8 is a black-owned investment platform that provides a simple and affordable way for the black community to save & invest in globally managed funds.
  • Spleet — ProptechSpleet is an online marketplace for affordable residential rentals and rents financing in Africa. For the tenant, we simplify the rental process by providing flexible rental and payment options and eliminate bureaucracy and expediting the search process. For the landlords, we make renting quicker, safer and better by providing accurateinformation on the tenant and ensuring rental payments are made as and when due.
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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Team Ignite Ventures
VC Fund · California City, California, United States · 5 investments in Nigeria FinTech startups, 56 in the past 12 months

We're experienced operators helping to ignite and scale startups

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 267
  • Round size: Seed $1.1M–$6.5M; Pre-Seed $500k–$1.5M; Series A $17M–$25M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • JustAI — An AI-first modern enterprise marketing stack that sets you in an always-on, set-and-forget motion. Increase your experimentation velocity and keep your team lean! Say goodbye to manual campaign management.
  • Resolv
  • Herd Security — Herd Security is a cybersecurity company focused on protecting banking customers from the rising threat of AI-driven voice phishing (vishing) and social engineering scams. Leveraging advanced voice detection and AI technologies, Herd Security provides banks with real-time insights into potential vishing attacks, including those targeting high-risktransactions like wire fraud and elderly fraud. Designed to defend against the growing sophistication of AI-generated deepfake voice fraud, Herd Security offers security teams the tools and intelligence they need to safeguard customers’ sensitive information and financial assets. The platform integrates seamlessly with existing security infrastructures, empowering organizations to stay one step ahead of evolving social engineering threats.
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VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 5 investments in Nigeria FinTech startups

VentureSouq (VSQ) is a MENA-based venture capital fund manager with a global portfolio. VSQ manages thematic funds, with a current focus on FinTech and ClimateTech.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 171
  • Round size: Seed $250k–$9M; Series A $6M–$37M; Series B $6M–$50M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $50M in 2021

Portfolio highlights

  • Orbii AI — Our AI enriches & analyses borrower data, helping you make credit decisions in minutes. Accelerate your business loan Underwriting decisons.
  • Siin — E-commerce Marketplace
  • MilkStraw AI — Saving companies up to 75% on AWS
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Berrywood Capital
VC Fund · 5 investments in Nigeria FinTech startups

Berrywood Capital is an investment firm.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 12
  • Round size: Seed $295k–$8.5M; Pre-Seed $125k–$3.7M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Caliza — Give your users access to the digital dollar economy. Get early access!
  • Workpay — Looking for the best payroll software in Kenya? Workpay provides the best payroll software and hr software for your business in Kenya, Nigeria and for Africa
  • Koa — Koa provides savings-as-a-service by embedding financial services through API
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African Development Bank
VC Fund · Belvédère, Tunis, Tunisia · 4 investments in Nigeria FinTech startups, 21 in the past 12 months

African Development Bank operates as a multilateral development finance institution in Africa. It finances development projects and programs in collaboration with national and international development institutions. The bank provides technical assistance for project selection, study, and preparation. It facilitates investments from the public andprivate sectors in initiatives aimed at economic and social progress. The African Development Bank serves the development finance and economic growth sectors.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Grant, Post-IPO Debt
  • Geography: Nigeria, South Africa, Kenya

Investor stats

  • Total investments: 87
  • Round size: Grant $200k–$17M; Post-IPO Debt $35M–$692M; Debt Financing $15M–$500M
  • Lead/follow: 87% lead, 13% follow
  • Last fund: May invest from a new fund soon — raised $58M in 2018

Portfolio highlights

  • Bank of Industry Limited — Bank of Industry Limited is Nigeria's most successful development financing institution, providing support to Nigeria's industrial sector.
  • African Trade & Investment Development Insurance — African Trade & Investment Development Insurance is a multilateral political risk and credit insurer (rated A/Stable S&P and A3/Stable Moody's). ATI currently counts 16 African nations and 10 institutional members as shareholders. Established by treaty in 2001, ATI supports trade and investment in African member statenations by providing comprehensive risk solutions such as political risk and credit insurance products.
  • ECOWAS Bank for Investment and Development (EBID) — The ECOWAS Bank for Investment and Development (EBID) has metamorphosed into a fully-fledged development finance institution (DFI) over the years. As a major regional DFI, the Bank, for over forty years, has focused on helping Member States to meet infrastructural, social and institutional challenges in the ECOWAS sub-region, through financingprojects under its private and public sector windows
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Silverbacks Holdings
VC Fund · Ebène, Plaines Wilhems, Mauritius · 4 investments in Nigeria FinTech startups

Silverbacks Holdings is a Mauritius-based private investment firm established in 2019, focusing on Africa-related companies in underserved industries such As technology, sports, entertainment, and the creative economy. The firm aims for returns averaging 3x to 5x on its investments and has achieved 9 profitable exits since its inception. Its portfolio includes over 240 companies across Africa, collectively valued at over $10 billion. Landmark investments include the Cape Town Tigers (2024 BAL semi-finalists), Forever7 Entertainment (Netflix content deals), and Moove (a global mobility fintech backed by Uber), and Wave (a mobile money and global remittance focused fintech backed by Stripe).

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Investment focus

  • Industry: FinTech, E-Commerce, Financial Services
  • Stage:Seed, Venture - Series Unknown, Series B
  • Geography: Nigeria, United States, Egypt

Investor stats

  • Total investments: 26
  • Round size: Seed $200k–$8.4M; Series B $9M–$100M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Vanhu Vamwe — Vanhu Vamwe is a luxury accessory brand that creates handcrafted, sustainable handbags using traditional African crafts and eco-friendly materials.
  • The Rad Black Kids — The Rad Black Kids is a lifestyle and apparel company that specializes in fashion. The company’s main business includes selling clothing items such as hoodies, caps, t-shirts, and etc. It also offers a range of skate boards and vintage guitars. The Rad Black Kids was founded by Thulani Ngazimbi.
  • African Warriors Fighting Championship — African Warriors Fighting Championship is Africa's leading promoter of traditional combat sports: Dambe and Wrestling.
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RaliCap
VC Fund · San Francisco, California, United States · 4 investments in Nigeria FinTech startups

Rally Cap is a global community of tech folks investing in an exclusive portfolio of top-tier early stage venture funds in Latin America and sub-Saharan Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Mexico, Nigeria

Investor stats

  • Total investments: 61
  • Round size: Seed $1.4M–$5.5M; Pre-Seed $313k–$3.7M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Moffin — Moffin is an integration platform of KYC data providers that enables customers to collect and evaluate data. It can be used via API or no code.
  • Cata — Launch your branded mobile app for ordering, CRM & loyalty. Increase order frequency & basket size. Learn how Cata can scale your business!
  • Gangkhar Inc
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Left Lane Capital
VC Fund · Brooklyn, New York, United States · 4 investments in Nigeria FinTech startups

Left Lane Capital is a venture capital and seed-growth equity firm that invests in high-growth internet and consumer technology businesses that are fundamental to the human condition and spirit – where customers maintain a long-term relationship with the product, platform, or service.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Series B, Seed
  • Geography: United States, Germany, Canada

Investor stats

  • Total investments: 155
  • Round size: Seed $2.5M–$20M; Series A $9M–$46M; Series B $20M–$100M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — raised $1.4B in 2022

Portfolio highlights

  • Lexroom.ai — Lexroom.ai allows lawyers to complete hours of legal research in seconds.Legal professionals spend up to 50% of their time in repetitive, low value-adding tasks. That’s why we’re building Lexroom.ai, a product that allows lawyers to complete hours of research in seconds, so they can focus on what really matters.Lexroom.ai perfectly integrateswith lawyers' daily workflow and enables them to speed up time-consuming legal research tasks while increasing output quality, so that they can focus more on value-adding activities.Lexroom.ai is building a bridge between advanced artificial intelligence technologies and legal professionals, through a product specifically tailored to their needs.
  • Wayflyer — Wayflyer offers growth financing to eCommerce companies like yours. Sign up, connect your store and analytics, and receive funding offer today.
  • Talkiatry — Exceptional psychiatrists, flexible treatment options, and in-network psychiatric care - learn more about Talkiatry and our approach to mental health care.
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UNCOVERED FUND
VC Fund · Tokyo, Tokyo, Japan · 4 investments in Nigeria FinTech startups

UNCOVERED FUND is a venture capital firm that leads the creation of industries in Africa and other emerging countries.

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Investment focus

  • Industry: FinTech, Financial Services, E-Commerce
  • Stage:Seed, Series A
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 29
  • Round size: Seed $1.5M–$3.7M; Series A $2.2M–$20M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2021

Portfolio highlights

  • Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Mecho — Mecho is an on-demand auto repair and maintenance platform for individuals and businesses in Africa.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 4 investments in Nigeria FinTech startups

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, Germany, Austria

Investor stats

  • Total investments: 552
  • Round size: Seed $980k–$8M; Pre-Seed $549k–$4.1M; Series A $4M–$33M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $384M in 2022

Portfolio highlights

  • Bikemap — Bikemap is the crowdsourced cycling map & navigation of the world. With the help of more than 2.3M users in 100 countries, Bikemap helps you find the best cycling route from A to B - every time. Users shared more than 4M cycling routes in all corners of the world - and within the Bikemap Premium subscription, tens of thousands get access tooffline, routing, map features.
  • morgana — Morgana is reshaping the mortgage industry in Latam. With a 5x faster application process, in-depth market knowledge, privileged access to data, and superb team, we are a groundbreaking digital mortgage broker that will shortly be competing with banks.
  • GAMINSIDE — GAMINSIDE revolutionizes your relationship with your customers. As European full service provider, we deliver the complete package with solutions, services and software for gamified loyalty that is tailor-made and unique to your products, brands and customers. Integrate the best ideas from gamification and customer loyalty in your business areato exceed your commercial targets with GAMINSIDE.
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Thelatest.ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 4 investments in Nigeria FinTech startups

thelatest.ventures partners with the leading investment firms across the globe to localise, launch or scale intuitively exceptional growth businesses. To create superior investment and societal impact returns.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Series A, Series B, Debt Financing
  • Geography: Nigeria, The Netherlands

Investor stats

  • Total investments: 6
  • Round size: Series A $23M–$65M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Moove — Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa. The company embeds its alternative credit-scoring technology onto ride-hailing, logistics, and last-mile/instant delivery platforms, which allows access to proprietary performance and revenueanalytics of mobility entrepreneurs to underwrite loans.
  • Moove — Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa.The company embeds its alternative credit-scoring technology onto ride-hailing and e-logistics platforms, which allows access to proprietary performance and revenue analytics of mobility entrepreneurs tounderwrite loans.Moove was founded by Ladi Delano and Jide Odunsi in 2019.
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HoaQ
VC Fund · Dublin, Dublin, Ireland · 4 investments in Nigeria FinTech startups

Startup Investment Club

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Investment focus

  • Industry: FinTech, Financial Services, Internet
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United Kingdom, United States

Investor stats

  • Total investments: 29
  • Round size: Seed $1.7M–$3.3M; Angel $100k–$130k; Pre-Seed $115k–$1M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Chowdeck — Order food, groceries, drinks, medicines & everyday essentials from top restaurants, pharmacies, local markets, and stores near you. Fast delivery with Chowdeck.
  • Klas — Anyone, anywhere can teach online. Create & sell your ebooks, courses, and live classes- all on Klas.
  • La Ruche Health Inc. — LaRuche Health offers inclusive apps that simplify care delivery and improve patient access to preventive healthcare services.
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Tekedia Capital
VC Fund · 4 investments in Nigeria FinTech startups

Tekedia Capital is an investment firm.

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Investment focus

  • Industry: FinTech, Information Technology, Financial Services
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, Nigeria, United Arab Emirates

Investor stats

  • Total investments: 15
  • Round size: Seed $2.2M–$2.5M; Pre-Seed $150k–$2.1M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Corgi Insurance — Corgi Insurance Services, Inc. ("Corgi") is an American technology company that operates an artificial intelligence (AI)-powered insurance carrier based in San Francisco, California. Corgi Insurance develops and operates a fully integrated insurance stack using AI agents to automate traditional carrier operations, becoming the world’sfirst “AI insurance company.” The company owns multiple subsidiaries operating under a dog-themed naming convention.
  • Winich Farms — At Winich Farms we are a technology-driven and agri-startup connecting farmers with access to finance, premium markets and passionate about ensuring global food security and democratising agricultural participation. We drive digital participation by crowdfunding through our online platforms, these we use to engage farmers with quality inputs,agricultural expertise, process automation, and machinery, with the promise of decent returns to our subscribers and the farmers at the end of each farming cycle.In addition to this, utilizing our agro e-retail platform (web and app), we connect vicinity farmers with market (households) directly at farm gate price thereby reducing the activities of middlemen, making agro produce more affordable and easily accessible.One farmer at a time, our big vision is to build an Africa that feeds the world and itself. How do we plan to achieve this? Empower African Farmers by lowering barriers to accessing Capital and financial services, data driven best practices and technology to improve yield as well as access to local and global markets for their produce with established offtaker relationships like Flour Mills of Nigeria, Dangote Foods, Labana Rice, Big Bull Rice etcBacked by Orange Corners we are on a mission to create a prosperous and economically resilient Africa powered by Agriculture.
  • Rulebase — Rulebase create AI agents to safeguard fintechs and banks from fraud, automating investigations and preventing voice fraud.
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Zrosk Investment Management
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Nigeria FinTech startups

Alternative investment solutions: private credit, discretionary portfolios, and the Magna Specialized Fund.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United Kingdom, United States

Investor stats

  • Total investments: 30
  • Round size: Seed $1.4M–$5M; Pre-Seed $200k–$2.5M; Series A $7M–$33M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • PaidHR — PaidHR works with organizations to streamline how they manage their staff. Our precisely created solutions enable them to create the ideal place to work.
  • Lingawa — Speak your native language with pride! Learn Yoruba and Igbo with fun, immersive online lessons for adults and kids (ages 5+).
  • Definely — Definely creates legal tech solutions to free lawyers from frustration, saving them time when understanding, drafting and reviewing legal documents.
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The Chrysalis Capital
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Nigeria FinTech startups

The Chrysalis Capital is a venture capital firm focuses on early-stage tech companies.

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Investment focus

  • Industry: Financial Services, FinTech, Bitcoin
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $2M–$2M; Series A $10M–$15M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bamboo — Bamboo is a digital investment platform that provides real-time access to buy, hold, or sell stocks. The investment platform is accessible on both computers and mobile phones.
  • Ladder — Ladder is a mobile app that provides financial assistant through artificial intelligence to manage money.
  • Bitmama — Bitmama is the best cryptocurrency trading platform that lets you buy, sell Bitcoin, ETH, Celo, USDT, XRP, and more. Available in Nigeria & over 100 countries.
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Michael Seibel
Angel · San Francisco, California, United States · 4 investments in Nigeria FinTech startups, 12 in the past 12 months

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.

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Nigeria, United Kingdom

Investor stats

  • Total investments: 191
  • Round size: Seed $1.1M–$7.1M; Pre-Seed $500k–$500k; Series A $5.9M–$21M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Kira — The easiest way for non-fintech enterprises to launch AI-powered, stablecoin-based financial products. Through a unified API platform, Kira enables businesses to embed remittances, payroll, wallets, and real-time cross-border payments.
  • Recall.ai — Recall.ai provides a single API for meeting bots on every platform like Zoom, Google Meet, Microsoft Teams and more.
  • Arena — Arena is a software firm that builds active learning systems and techniques like reinforcement learning.
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Saison Capital
VC Fund · Singapore, Central Region, Singapore · 4 investments in Nigeria FinTech startups

They invest in Seed to Series A companies across emerging markets. Although they have a sector agnostic fund mandate, they particularly like to work with founders that are building ecosystems with the potential to distribute financial services to the unbanked.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 112
  • Round size: Seed $1.8M–$8.4M; Pre-Seed $1.5M–$6M; Series A $3.4M–$33M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $55M in 2019

Portfolio highlights

  • Mylapay — Mylapay, a rising fintech startup, was established in 2019 and incorporates as 'Mindeed Technologies and Services Pvt Ltd' by a dynamic team of co-founders (Ex Hitachi and Worldline) who bring over 50 years of collective experience in the payment domain. Mylapay has been officially registered with the DIPP under the Startup Indiainitiative, signifying its commitment to pioneering financial technology solutions. We specialize in payment enablement, crafting cutting-edge payment solutions to simplify the complete card payment cycle. Mylapay aimed at redefining the payment processing experience with its core product line up; (3DS-Authentication: The linchpin of online commerce, turning payment security into an art form), (Authorization Switch: Your go-to solution for speed and security, ensuring high success rates with fast and safe approvals), (IntelleEngine-Transaction Processing System: An all-in-one platform that manages the post authorization transaction processing end-to-end) Our aim is to transform Mylapay into a holistic tech ecosystem for all your acquiring payment processing needs. We offer cloud-based solutions that equip Payment Aggregators and Banks across the globe with complete payment processing capabilities. With us, you get a one-stop-shop for all your payment solutions, making transaction experiences smoother than ever!
  • Pagaleve — pagaleve offers payment in installments at PIX, with no interest and no credit card required. They provide merchants with a new payment method in order to increase their sales in a simple, uncomplicated, and agile manner, but they also want to provide people with the opportunity to buy what they want without committing to the card'shigh-interest rates and credit.
  • AIsa — AIsa is the capability layer for the Agentic Economy. Everything AI agents need to reason, act, and transact. Pay per call.
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Accion Venture Lab
VC Fund · Washington, District of Columbia, United States · 3 investments in Nigeria FinTech startups

Accion Venture Lab is a leading early-stage investor in inclusive fintech, providing seed-first capital and strategic support to innovative startups that are meeting the financial needs of underserved people globally. Our global portfolio and local approach enable us to spot and respond to global trends faster, sharing learnings across geographies. Accion Venture Lab is an investment strategy of Accion and is managed by Accion Impact Management.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A
  • Geography: India, United States, Mexico

Investor stats

  • Total investments: 115
  • Lead/follow: no public data

Portfolio highlights

  • Foyer — Saving the American Dream with the "401k" for homeownership
  • Finfra — From application to decisioning to operations - FINFRA provides the necessary infrastructure and services for technology companies to embed financial services to their environment through a seamless integration.
  • Agrim Wholesale — Agrim Wholesale is a b2b e-commerce market for manufacturers and retailers.
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AfricInvest
VC Fund · Tunis, Tunis, Tunisia · 3 investments in Nigeria FinTech startups

AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare.

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Investment focus

  • Industry: Financial Services, Manufacturing, FinTech
  • Stage:Private Equity, Series A
  • Geography: Tunisia, Kenya, Morocco

Investor stats

  • Total investments: 101
  • Lead/follow: no public data

Portfolio highlights

  • ArabyAds — ArabyAds offers a suite of enterprise-level B2B ecommerce automation platforms that deliver the most promising, responsive and performance-oriented digital advertising technologies.
  • Aerobotics — Powerful insights for precision growing and crop insurance
  • RAYNAL Assurances — RAYNAL Assurances operates as an insurance company. RAYNAL Assurances underwrites a large range of non-life insurance risks associated to automotive, health, accident, fire, transport, and other multi-risks, addressing a clientele composed of both corporate and retail customers.
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States · 3 investments in Nigeria FinTech startups

Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. Founded in 2015 as the impact investing arm of global development agency, Mercy Corps, supports over 57 early-stage ventures to scale and raise over $515 million in follow-on capital. Their portfolio centersaround resilience-building solutions in adaptive agriculture and food systems, inclusive climate fintech, and climate-smart technologies so that those living in frontier markets can withstand disruption and plan for the future. Through capital and support, piloting new approaches, action-oriented insights, and rigorously managing impact, they catalyze the ecosystem toward smarter, more impactful investments.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Kenya, United States, Colombia

Investor stats

  • Total investments: 66
  • Lead/follow: no public data

Portfolio highlights

  • TAPPI — TAPPI is the leading association for the worldwide pulp, paper, packaging, and converting industries and publisher of Paper360º.
  • Blooms — Blooms provides trade finance and global payments solutions for LatAm produce exporters.
  • Ábaco — We're reinventing financial services with capital, payments & platform solutions so every growing company can reach their full potential.
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Century Oak Capital
VC Fund · Vaduz, Vaduz, Liechtenstein · 3 investments in Nigeria FinTech startups

Century Oak Capital GmbH is a venture capital firm specializing in early-stage investments in Europe and Emerging Markets.

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Investment focus

  • Industry: FinTech, Retail, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 26
  • Lead/follow: no public data

Portfolio highlights

  • Luna POS — Luna POS provides cloud-based cashier, inventory management, and accounting solutions for SMEs in Indonesia. The company offers a seamless mobile cloud-based Point of Sale (POS) and accounting system, helping the retail industry with managing business activities such as checking the stock of goods, making a bundle menu, calculating sales, and tosee financial statements of the business.
  • Unbox — Unbox is the branded commerce operating system for SMEs helping them to sell online and increase their sales. We provide a ready to sell platform that allows entrepreneurs to digitize their business in less than 5 minutes - fully integrated with social commerce channels and our payment and shipping solutions, helping SMEs to save costs andcentralizing sales into a single platform.
  • SnappRetail — SnappRetail aims to create the largest virtual retail franchise across Pakistan, through deployment of its POS hardware/software, focusing on:1. Traditional trade Analytics for brands and retailers 2. Order Aggregation for manufacturers and distributors 3. Payment Solution for customers 4. Fintech enablement for small merchantsTheSnappRetail POS application has been carefully curated keeping the retailer in mind, the application focuses on digitizing his shop operations and cash flow and creating a real-time tertiary sales data lake.
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FinTech Investor funding in Nigeria at a glance

Stats across 603 deals from 754 investors.

754
investors
in Nigeria FinTech startups
603
deals
in Nigeria FinTech startups
$1M
median round
in Nigeria FinTech startups
34%
lead investors
lead at least one round
28%
Seed
most common funding stage
80/20
VC / Angel
share of investor count

Access all 754 investors in Nigeria FinTech startups.

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