The biggest fintech companies in Nigeria (2025)
TechCabal | Chukwuebuka Mgbojikwe - Jul 21, 2025
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  • Nigerian startups raised over $100 million in Q1 2025, primarily in fintech.
  • Moniepoint became a unicorn in late 2024 and received approval to acquire a majority stake in Kenya’s Sumac Bank.
  • Paystack launched Zap, a consumer-centric product for instant money transfers within Nigeria.
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The rapid growth and innovation in Nigeria's fintech sector indicate a strong potential for economic transformation in the region. However, as competition intensifies and regulations tighten, these companies must prioritize sustainable practices and customer-centric solutions to maintain their momentum.
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