GJO & PartnersInvest Matching

Financial services in Nigeria: funding deals and active investors

One of the best-documented segments on the platform. Latest rounds, investors who lead them, tickets and instruments — Financial services, Nigeria.

14

deals recorded

5

over 12 months

21 M$

median disclosed ticket

19

identified investors

Key findings

  • 14 funding deals recorded (Financial services, Nigeria) since 2007, involving 14 companies and 19 identified investors. 5 of them over the last 12 months.
  • Median disclosed ticket: 21 M$; half of the deals fall between 3 M$ and 50 M$ (5 amounts disclosed out of 14, 138 M$ in total).
  • Where the money goes: Banking (29 %), Insurance (21 %), Vehicle and productive-asset finance (21 %).
  • Most frequent stage: Growth (50 %); most used instrument: Equity (86 %).
  • Most active investors: Helios Investment Partners (3), Ventures Platform (3), AFIG Funds (2).
  • 21 % of deals are syndicated (at least two investors around the table).

Industries

  • Banking4
  • Insurance3
  • Vehicle and productive-asset finance3
  • Asset management and markets3
  • SME finance1

Stages

  • Growth7
  • Seed4
  • Debt1
  • Pre-Seed1
  • Series A1

Instruments

  • Equity12
  • Senior debt1

Deals per year

YearDealsDisclosed amounts
20211—
20222—
2025221 M$
202635 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
MykaInsurance · Nigeria · Pre-SeedJun 2026undisclosedVentures Platformsource
Sika Financial GroupAsset management and markets · Nigeria · SeedJun 20262 M$Aruwa Capital Managementsource
BFreeBanking · Nigeria · DebtApr 20263 M$Capria Venturessource
GigmileVehicle and productive-asset finance · Nigeria · SeedDec 202521 M$Enza Capitalsource
Pave BankBanking · Nigeria · GrowthOct 2025undisclosedHelios Investment Partnerssource
FlunaSME finance · Nigeria · SeedOct 2022undisclosedVentures Platformsource
ShekelVehicle and productive-asset finance · Nigeria · SeedOct 2022undisclosedVentures Platformsource
MooveVehicle and productive-asset finance · Nigeria · Series AJan 2021undisclosedSpeedinvestsource
NEM InsuranceInsurance · Nigeria · GrowthDec 2018undisclosedAFIG Fundssource
FSDH Holding CompanyBanking · Nigeria · GrowthNov 2016undisclosedAFIG Fundssource
Continental Reinsurance PlcInsurance · Nigeria · GrowthJan 2016undisclosedAfrica Capital Alliancesource
Sigma PensionsAsset management and markets · Nigeria · GrowthNov 201562 M$Actissource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.