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Microfinance startups in Nigeria

StartupList Africa tracks 5 Microfinance startups in Nigeria, which have raised $7.3M across 3 disclosed rounds. Lagos has the most, with 3, followed by Abuja (1) and Victoria Island (1). 22 investors have backed them.

Companies
5
in Nigeria
Total raised
$7.3M
3 rounds
Investors
22
backed them
Updated 5 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

Microfinance startups in Nigeria5

#StartupRaised
1
CashaNigeria
Not disclosed
2
AjoMoneyNigeria
Not disclosed
3
Bank78Nigeria
Not disclosed
4
MapleradNigeria
$6M
5
EgorasNigeria
$1M

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

Showing 1–5 of 5

Frequently asked about Microfinance in Nigeria

How many Microfinance startups are there in Nigeria?
StartupList Africa tracks 5 Microfinance startups in Nigeria.
How much funding have Microfinance startups in Nigeria raised?
Microfinance startups in Nigeria have raised $7.3M across 3 disclosed rounds.
Who invests in Microfinance startups in Nigeria?
Armyn Capital has backed 1 of them, followed by Babs Ogundeyi (1) and Berrywood Capital (1). 22 investors have backed Microfinance startups in Nigeria in total.
Where in Nigeria are Microfinance startups based?
Lagos (3), Abuja (1) and Victoria Island (1) have the most.