How much funding have Digital Payments startups in Nigeria raised?

Digital Payments startups in Nigeria have raised $24.2M across 10 disclosed rounds.

Who invests in Digital Payments startups in Nigeria?

Abdul Hassan has backed 1 of them, followed by African Capital Alliance (1) and Alan Rutledge (1). 14 investors have backed Digital Payments startups in Nigeria in total.

Where in Nigeria are Digital Payments startups based?

Lagos (11), Abuja (4) and Ikeja (3) have the most.

Sector × countryUpdated daily

Digital Payments startups in Nigeria

StartupList Africa tracks 28 Digital Payments startups in Nigeria, which have raised $24.2M across 10 disclosed rounds. Lagos has the most, with 11, followed by Abuja (4) and Ikeja (3). 14 investors have backed them.

Companies: 28; in Nigeria
Total raised: $24.2M; 10 rounds
Investors: 14; backed them

Updated 26 Oct 202628 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

Digital Payments startups in Nigeria28

All 28 →

#	Startup	What they do	Last round	Raised	Team
1	PeppaNigeria	Nigerian payment-protection (escrow) platform for social commerce, now enterprise payment infrastructure	Accelerator	Not disclosed
2	JaraGiftNigeria	Exchange unused gift cards for Naira and withdraw to Nigerian bank accounts	-	Not disclosed
3	MustardXBotNigeria	Programmable crypto-to-naira settlement wallets for African businesses	-	Not disclosed
4	Ultra AppNigeria	Digital finance app for virtual accounts, bank transfers, bill payments and crypto	-	Not disclosed
5	PressPayNgNigeria	PressPayNg helps African learners save and access loans, scholarships, grants, and crowdfunding	Seed	Not disclosed	11–50
6	PaychantNigeria	Stablecoin on- and off-ramp infrastructure connecting African payment networks	-	Not disclosed
7	SendBitNigeria	Payments app for PayPal invoicing, international accounts, USD cards and Nigerian bill payments	-	Not disclosed
8	TingtelNigeria	Nigerian airtime platform to swap, sell and buy airtime and pay bills	-	Not disclosed
9	BlusaltNigeria	Blusalt provides embedded fintech APIs for wallets, cards, banking and payments across Africa	-	Not disclosed
10	E-SettlementNigeria	E-Settlement is a financial service provider with offerings that cater to everyday financial problems.	-	Not disclosed	51–200
11	ZipaNigeria	Naira and crypto money in one simple app, built in Nigeria.	-	Not disclosed
12	HookNigeria	Nigerian platform to sell gift cards for naira cash, buy virtual dollar cards and pay bills.	-	Not disclosed
13	KeshPayNigeria	Super app for payments, crypto and FX trading, virtual cards, bill payments and merchant tools, built for Africa	-	Not disclosed
14	EndowNigeria	Track creator income, sell products, and split revenue	-	Not disclosed
15	FresibleNigeria	Lagos digital company behind Fresible Music, a music distribution platform for African artists.	-	Not disclosed
16	ReachAfrikaNigeria	Nigerian bill-payment app for airtime, data, utility and TV payments, with ad-based rewards	-	Not disclosed
17	SwiftPayNigeria	All-in-one fintech app for transfers, savings, holdings and bill payments	-	Not disclosed
18	UfitPayNigeria	Bill payments, airtime, transfers, virtual accounts and cards for Nigeria	-	Not disclosed
19	XpressPayNigeria	Accept card, bank and mobile-money payments for your business online	-	Not disclosed
20	Geckorave PaymentsNigeria	Payments, escrow, payment links and bill payments for businesses and individuals	-	Not disclosed

SLA Startup Index · as of 26 Oct 2026 · raised is disclosed funding

Showing 1–20 of 28 · Open in the directory

Frequently asked about Digital Payments in Nigeria

How many Digital Payments startups are there in Nigeria?: StartupList Africa tracks 28 Digital Payments startups in Nigeria.
How much funding have Digital Payments startups in Nigeria raised?: Digital Payments startups in Nigeria have raised $24.2M across 10 disclosed rounds.
Who invests in Digital Payments startups in Nigeria?: Abdul Hassan has backed 1 of them, followed by African Capital Alliance (1) and Alan Rutledge (1). 14 investors have backed Digital Payments startups in Nigeria in total.
Where in Nigeria are Digital Payments startups based?: Lagos (11), Abuja (4) and Ikeja (3) have the most.

Cite this page

StartupList Africa, “Digital Payments startups in Nigeria”, updated 26 Oct 2026.

startuplist.africa/countries/nigeria/industries/digital-payments