Across Lagos and beyond, Nigeria’s tech ecosystem is thriving—not just in hype, but in measurable impact. From fintech to healthtech and agritech, these 21 leading companies are reshaping industries, fueling job growth, and addressing real challenges with locally-grounded solutions. They’ve secured major funding, grown their teams, and increased revenues. Below are the criteria used to select them:
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Capital raised
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Employee growth
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Mission and scalability
What Is a Tech Startup?
Tech startups are early-stage companies creating innovative tech-driven solutions—spanning software, hardware, digital services, and more. In Nigeria, they focus especially on areas like financial inclusion, healthcare access, and education quality. Many attract investor support and accelerator programs that boost their growth and cement Nigeria’s rising status in the global tech space.
Top 21 Nigerian Tech Startups in 2025
Below is a spotlight on the most innovative and impactful tech companies in Nigeria this year:
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SiliconAfrica
Founded in 2019 by Ajah Excel and based in Owerri, SiliconAfrica drives digital innovation across Nigeria. They support startups and host “SMFest,” a major tech event in the Southeast that empowers participants with tools for digital success. -
Moove Africa
Launched in 2020 by Ladi Delano and Jide Oduns, Moove provides vehicle financing to ride-share and logistics entrepreneurs. With a $100M injection from Uber and valuation near $750M, Moove continues enabling fleet ownership across Africa. -
Reliance Health
Founded in 2016, this startup delivers affordable insurance, telemedicine, and healthcare solutions in emerging markets. With ~$40M in funding and $48M in annual revenue, it continues to expand access to health services. -
Flutterwave
One of Nigeria’s most prominent fintech startups, Flutterwave simplifies cross-border and domestic payments. Its payment gateway supports 150+ currencies, and the company handles both online and offline transactions, generating ~$93M in annual revenue. -
Umba
A digital banking platform that offers zero-fee bank accounts, money transfers, and instant loans. Founded by Barry O’Mahony and Tiernan Kennedy in 2018, Umba raised $15M and boasts a stellar 52% annualized staff growth. -
Omnibiz
Connecting FMCG manufacturers with retailers through a unified B2B platform, Omnibiz makes supply chains more efficient. Launched in 2019, it raised $15M and scaled employment by 81% in 2022. -
PiggyVest
A savings and investment platform helping Nigerians manage finances effortlessly via flexible plans and competitive returns. -
TeamApt
A financial tech firm enabling banks and businesses to offer seamless payments. Established in 2015, it raised over $50M and now supports 589 employees. -
Interswitch
A veteran payments infrastructure company (founded 2002), Interswitch raised $110M in 2022 and now powers integrated payment systems for institutions across Africa. -
Opay
Initially launched by Opera Software in 2018, Opay provides banking, savings, transfers, and utility payments. It became especially vital during the 2023 cash shortage and continues to offer cashback incentives to users. -
LifeBank
Innovator in health logistics, LifeBank manages blood, oxygen, and vaccine delivery to medical facilities—improving lives through smart healthcare logistics. -
Tizeti
Using solar-powered towers, Tizeti delivers affordable internet to underserved areas—helping close Nigeria’s digital divide with sustainable tech infrastructure. -
BuyCoins
A user-friendly cryptocurrency exchange facilitating Bitcoin, Ethereum, and Litecoin trades. It promotes safe, accessible digital currency adoption through peer-to-peer options and instant withdrawals. -
Max.ng
Urban mobility platform offering bike-hailing and delivery services. With driver safety and customer reliability at its core, Max.ng alleviates urban congestion. -
Paga
A mobile payments service extending financial inclusion through an agent network and accessible digital tools for transfers, bills, and commerce. -
Migo
Formerly Mines.io, Migo provides instant loans using machine learning and alternative data for credit assessment—opening credit access to the underserved. -
Helium Health
A digital health record and hospital management platform transforming Nigerian healthcare through EMRs, operational automation, and better patient data handling. -
Kuda Bank
Nigeria’s fully digital, mobile-first bank—offering no-fee banking and seamless user experience. -
ULesson
Edtech startup founded in 2019 by Sim Shagaya, delivering curriculum-based video lessons and offline learning support—especially for underserved students across Africa. -
Termii
A messaging platform enabling businesses to engage customers via SMS, email, and chat—with automation, segmentation, and analytic tools for effective communication. -
MedSaf
A healthtech startup focused on pharmaceutical supply chain integrity, connecting pharmacies and hospitals with verified medications to combat counterfeit drug risks.
Is Investing in Nigerian Tech a Good Bet?
Nigeria’s combination of a youthful population, rising internet penetration, and persistent service gaps makes its tech startups attractive opportunities. Success stories like Paystack and Flutterwave highlight the potential for high returns. However, investors should remain mindful of market volatility, currency risk, and evolving regulation. With solid business models and due diligence, many Nigerian tech companies offer compelling upside.
Challenges Still Ahead
Despite the momentum, these startups face significant obstacles:
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Poor infrastructure (unreliable power and connectivity)
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Complex bureaucratic and regulatory environments
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Limited early-stage funding access
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Economic instability and inflation
Overcoming these requires investor patience, supportive policy environments, and ecosystem-building support from governments and accelerators.
In Summary
With this cohort of 21 companies, Nigeria is cementing its position as a rising tech hub. These startups are not just brand names—they represent meaningful solutions, societal impact, and economic promise. Continued investment, smarter policies, and stronger infrastructure will only accelerate this progress.
