RankingNigeria · 2025 Funding
Top Funded Nigeria Startups of 2025
23 companies with $341.5M in 2025 funding between them. Moniepoint leads with $90M, followed by Lemonade Finance ($53M) and Darway Coast ($25M).
- 2025 Funding
- $341.5M
- 23 companies
- Median per company
- $9M
- average $14.8M
- Top 3 share
- 49%
- Moniepoint alone 26%
- Backer relationships
- 263
- across the 23
| # | Company | 2025 Funding |
|---|---|---|
| 1 |  Moniepoint provides a seamless platform to accept payments digitally, receive credit and access business management tools. | $90M |
| 2 |  Lemonade Finance is a Nigerian multi-currency payments solution. | $53M |
| 3 |  Darway Coast delivers scalable clean energy to underserved Nigerian communities via mini-grid. | $25M |
| 4 |  Kredete is a FinTech platform focused on enabling African immigrants to build credit scores and send money back home, | $22M |
| 5 |  OmniRetail improves the inefficiencies of traditional trade by digitising the key stakeholders through its stellar products. | $20M |
| 6 |  ARNERGYEst. 2003 Arnergy is a distributed utility leveraging on internet of things (IOT) in providing reliable solar power for businesses in emerging markets | $15M |
| 7 |  Rwazi is a consumer-trained AI platform redefining how global brands make decisions | $12M |
| 8 |  Koolboks develops non-electric refrigeration systems and provides affordable cold storage options to companies all throughout Africa. | $11M |
| 9 |  Raenest is a modern, multi-currency platform for Africans that makes managing money across borders easy. | $11M |
| 10 | Cedar Money is simplifying Cross-border Transactions for Businesses in Africa. | $9.9M |
| 11 |  SeamlessHR is a Nigerian HR platform that helps organizations make the best of their people all over the world. | $9M |
| 12 |  Bringing Nigerian cuisine to your doorstep with ease. | $9M |
| 13 |  Prado Power delivers scalable solar energy to underserved Nigerian communities. | $8M |
| 14 |  Odyssey Energy Solutions streamlines financing and deployment of distributed renewable energy. | $7.5M |
| 15 |  Award-winning, high impact, financially sustainable and highly scalable social enterprise part-owned by farmers we serve. | $7.5M |
| 16 | Husk Power Systems provides reliable power to rural communities and businesses, entirely from renewable energy sources | $5M |
| 17 |  Umba is an Africa-focused digital bank, offering free bank accounts and financial services to customers. | $5M |
| 18 | Axmed accelerates access to high-quality and affordable medicines through business and technology innovation. | $5M |
| 19 |  Carrot provides accessible line of credit to its users so they never have to liquidate their portfolio when they need quick cash. | $4.2M |
| 20 |  PayHippo is a Nigerian AI-Driven lending platform that finances small and medium sized businesses. | $4M |
| 21 |  BFREE is Africa's foremost ethical loan collector for microlending, microfinance, and banking institutions in Nigeria. | $3.3M |
| 22 |  Rana offers an innovative and customer centric energy solution that drives energy transition, and economic growth in Africa. | $3M |
| 23 | Rulebase automates fintech back-office tasks using AI agents for compliance, disputes, and quality assurance. | $2.1M |
All 23 shown · generated 16 Feb 2026
Missing a company? Submit itFrequently asked about Top Funded Nigeria Startups of 2025
- Which company leads Top Funded Nigeria Startups of 2025?
- Moniepoint, with $90M, 26% of the $341.5M on this list. Lemonade Finance is second ($53M).
- How much did the companies on this list raise?
- $341.5M across 23 companies. The median company raised $9M. The top three took 49% of the total.
- Which cities are they based in?
- Lagos (18 companies), Abuja (3) and Ikeja (1).
- How is this list built?
- This cohort contains startups classified as startup in Nigeria and is ranked by total USD funding announced in 2025. Funding values are limited to 2025; latest-round and company details reflect the most recent tracked data.
