How much funding have Neobank startups in Nigeria raised?

Neobank startups in Nigeria have raised $27.4M across 32 disclosed rounds.

Who invests in Neobank startups in Nigeria?

Y Combinator has backed 3 of them, followed by EXPERT DOJO (2) and LoftyInc Capital Management (2). 54 investors have backed Neobank startups in Nigeria in total.

Where in Nigeria are Neobank startups based?

Lagos (16) and Ibadan (1) have the most.

Sector × countryUpdated daily

Neobank startups in Nigeria

StartupList Africa tracks 17 Neobank startups in Nigeria, which have raised $27.4M across 32 disclosed rounds. Lagos has the most, with 16, followed by Ibadan (1). 54 investors have backed them.

Companies: 17; in Nigeria
Total raised: $27.4M; 32 rounds
Investors: 54; backed them

Updated 29 Oct 202617 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

Neobank startups in Nigeria17

#	Startup	What they do	Last round	Raised	Team
1	AibancNigeria	Aibanc offers AI-powered banking for High Earners Not Rich Yet (HENRY).	-	Not disclosed	2–10
2	MintynNigeria	The Soft Life Bank: digital banking, bills and payments in Nigeria	-	Not disclosed
3	PlumterNigeria	Plumter is helping to facilitate easy foreign payments and international banking for African businesses.	Seed	Not disclosed	2–10
4	AkuNigeria	Banking made simple for everyone with Aku	Funding Round	Not disclosed	11–50
5	KolomoniNigeria	KOLOMONI is a product of Cintrust Microfinance Bank, a licenced MFB by CBN, dedicated to providing customers with the utmost banking experience.	-	Not disclosed	51–200
6	VBank.NGNigeria	VBank.NG is a Nigerian FinTech platform that provides mobile banking services for users.	-	Not disclosed	201–500
7	LencoNigeria	Lenco provides full-fledged current accounts for banking services and expense management for business growth.	Seed	Not disclosed	11–50
8	Fintech FarmNigeria	Fintech Farm is a newly launched fintech startup based in the U.K, with a branch in Nigeria, that creates digital banks in emerging markets.	Seed	$7M	51–200
9	MapleradNigeria	Banking services for the unbanked: Maplerad provides a modern banking platform for Nigerians.	Seed	$6M	2–10
10	Aladdin Digital BankNigeria	Aladdin is a Nigerian open digital bank that provides financial services for underserved Africans.	Debt Financing	$4M	51–200
11	SparkleNigeria	Sparkle is a Nigerian FinTech platform that is creating a market place that makes it easy to achieve business outcomes.	Seed	$3M	11–50
12	Trade LendaNigeria	Trade Lenda is building a digital bank for the underserved starting with MSMEs across emerging markets today with access to credit.	Debt Financing	$3M	2–10
13	ClevaNigeria	Cleva is a Nigerian USD banking platform for emerging markets, starting with Africa.	Pre-seed	$2M	11–50
14	Yep!Nigeria	Yep! is the financial super app for Africans, created with the mission of providing financial possibilities for all Africans.	Pre-seed	$2M	11–50
15	Kredi BankNigeria	Kredi bank is a full service digital bank building a one-stop shop for digital financial services in Africa.	Seed	$1M	11–50
16	KyshiNigeria	A UK-based Neo-bank for Africans globally. Kyshi is the new way to send and receive money to and from Africa.	Grant	$220K	11–50
17	RegxtaNigeria	Regxta is building the first digital bank focusing on 600million underserved in Africa.	EmFi Series	$10K	51–200

SLA Startup Index · as of 29 Oct 2026 · raised is disclosed funding

Showing 1–17 of 17

Frequently asked about Neobank in Nigeria

How many Neobank startups are there in Nigeria?: StartupList Africa tracks 17 Neobank startups in Nigeria.
How much funding have Neobank startups in Nigeria raised?: Neobank startups in Nigeria have raised $27.4M across 32 disclosed rounds.
Who invests in Neobank startups in Nigeria?: Y Combinator has backed 3 of them, followed by EXPERT DOJO (2) and LoftyInc Capital Management (2). 54 investors have backed Neobank startups in Nigeria in total.
Where in Nigeria are Neobank startups based?: Lagos (16) and Ibadan (1) have the most.

Cite this page

StartupList Africa, “Neobank startups in Nigeria”, updated 29 Oct 2026.

startuplist.africa/countries/nigeria/industries/neobank