Top 10 Most Funded Startups in Nigeria (2022)

Fintech companies took center stage in Nigeria's funding landscape in 2022, with 7 out of the top 10 companies securing the majority of funding. Interswitch, in particular, stood out by raising an impressive $110 million during a private equity round in May 2022.

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The Future of Fintech in Africa

Eighteen percent of the world’s population lives in Africa, and 57% of Africans are ‘unbanked’, without a bank account or a digital wallet. This presents a massive opportunity, making fintech the most dominant and funded tech sector in Africa today. This special report highlights how African fintechs not only have one of the largest total addressable markets globally but are also crucial for achieving financial inclusion and empowering unbanked populations. The potential impact of a successful fintech in Africa is unparalleled. To learn more about the drivers, barriers, and opportunities in African fintech, as well as progress toward financial inclusion, read the special report.

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