217+ startups, ₦11B fraud, and $3B valuations: Insights from the 2025 Nigeria Payments Report
- Zone released the Nigeria Payments Report 2025 in partnership with TechCabal Insights.
- E-transaction values in Nigeria doubled to over ₦1.25 quadrillion during the COVID-19 pandemic.
- The fintech sector accounted for 42% of all tech funding, driving financial inclusion to 76%.
The Nigeria Payments Report 2025 showcases the dynamic growth and potential of Nigeria's fintech landscape, but it also highlights the need for continued investment in infrastructure and risk management to sustain this momentum. The collaboration between banks and fintechs is promising, yet the persistent challenges of fraud and funding gaps must be addressed to secure Nigeria's position as a leader in the African digital economy.
