GJO & Partners

Fintech 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 — Fintech, Nigeria.

62

deals recorded

19

over 12 months

4.5 M$

median disclosed ticket

108

identified investors

Key findings

  • 62 funding deals recorded (Fintech, Nigeria) since 2010, involving 48 companies and 108 identified investors. 19 of them over the last 12 months (13 the previous year).
  • Median disclosed ticket: 4.5 M$; half of the deals fall between 2.2 M$ and 20 M$ (43 amounts disclosed out of 62, 725.5 M$ in total).
  • Where the money goes: Payments and mobile money (31 %), Crypto and blockchain (16 %), Digital lending and scoring (15 %).
  • Most frequent stage: Growth (24 %); most used instrument: Equity (77 %).
  • Most active investors: TLcom Capital (5), Helios Investment Partners (4), LeapFrog Investments (3).
  • 40 % of deals are syndicated (at least two investors around the table).

Industries

  • Payments and mobile money19
  • Crypto and blockchain10
  • Digital lending and scoring9
  • Money transfer and remittances9
  • Fintech infrastructure (APIs, open banking, BaaS)8

Stages

  • Growth15
  • Pre-Seed14
  • Seed11
  • Debt3
  • Series B3

Instruments

  • Equity48
  • Senior debt3
  • Mezzanine debt1

Deals per year

YearDealsDisclosed amounts
2021242 M$
202231.7 M$
2023236 M$
202417178.2 M$
202512197 M$
202619230.7 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
NombaPayments and mobile money · Nigeria · DebtSept 20263 M$CardinalStonesource
PouchersCrypto and blockchain · Nigeria · Pre-SeedAug 2026500 k$Stack Directory LLCsource
FlutterwavePayments and mobile money · NigeriaAug 2026undisclosedCircle Venturessource
Yellow CardCrypto and blockchain · NigeriaAug 202640 M$SC Venturessource
TimonCrypto and blockchain · NigeriaJul 2026undisclosedAlliance DAOsource
DayaCrypto and blockchain · Nigeria · Pre-SeedJun 20262.4 M$Hivemind Capitalsource
FlutterwavePayments and mobile money · Nigeria · GrowthJun 2026undisclosedRipplesource
StabylPayments and mobile money · Nigeria · Pre-SeedJun 20262.7 M$Kongasource
CreditChekDigital lending and scoring · Nigeria · SeedJun 2026600 k$Janngo Capitalsource
CheckerCrypto and blockchain · Nigeria · SeedMay 20268 M$Al Mada Venturessource
LemFiMoney transfer and remittances · Nigeria · GrowthMay 2026undisclosedTethersource
LemFiMoney transfer and remittances · Nigeria · Series BMay 202634.5 M$undisclosedsource
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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.