832 Top startups in Nigeria for January 2025

We rank Mp4official, Jiji and OPay in Nigeria along with 829 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Nigeria ranks #64 globally and #1 in Western Africa.

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Top Unicorn Startups in Nigeria for 2025

Flutterwave is the only unicorn in Nigeria raising more than USD 3B. It is the undefined ranked unicorn in Western Africa.
SB Score:673

Flutterwave is revolutionizing the way global merchants and payment service providers in Africa process payments. Their fintech platform offers a seamless payment infrastructure, making transactions fast, secure, and hassle-free.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Lagos)

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Total amount:1

Best Startups in Nigeria for 2025

SB Score:718

This innovative startup offers a unique token that enables users to purchase visual goods online, simplifying the shopping experience. By streamlining transactions and enhancing user engagement, it transforms the way customers access and enjoy digital visual products.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (Lekki)

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2nd

Jiji
SB Score:659

Jiji, Africa's top classifieds marketplace, expanded to four new countries in 2019 after being acquired by OLX. With over 8 million monthly unique users, Jiji is a leading platform for buying and selling goods in Nigeria and beyond.

Industry:
Marketing & Sales
Subindustry:
Adtech

City Rank (Lagos)

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3rd

OPay
SB Score:631

OPay offers a mobile payment service and consumer platform that enables users to send and receive money, pay bills, and order food and groceries. By providing smart financial services, OPay empowers users to manage their finances more effectively and accomplish more with their money.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Ikeja)

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SB Score:578

TeamApt is a fintech company specializing in digital banking, business solutions, and payments infrastructure. They create innovative tools to streamline financial processes and improve the overall banking experience for customers.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Lekki)

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SB Score:541

Quala is a customer success platform that prioritizes human interaction. By merging qualitative assessments with straightforward quantitative metrics, it empowers businesses to gain a comprehensive understanding of their customers, fostering meaningful connections and enhancing customer experiences.

Industry:
Software & Data
Subindustry:
SaaS

City Rank (Lagos)

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SB Score:525

Moove is a mobility fintech that offers revenue-based vehicle financing to entrepreneurs in the mobility sector, empowering them to achieve vehicle ownership. By democratizing access to vehicles across Africa, Moove enables entrepreneurs to thrive and contribute to the region's economic growth.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

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SB Score:493

Autochek is a cutting-edge automotive technology company dedicated to creating digital solutions for the industry. Their goal is to revolutionize the way people interact with their vehicles by providing innovative and user-friendly tools.

Industry:
Transportation
Subindustry:
Automotive

City Rank (Lagos)

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SB Score:492

Reliance Health leverages technology to provide affordable and accessible healthcare in emerging markets. Through a mix of health insurance, telemedicine, and partnerships with healthcare facilities, they ensure quality care for all.

Industry:
Healthtech
Subindustry:
Health Care

City Rank (Lagos)

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SB Score:486

uLesson mobile platform offers a seamless learning experience through academics, media, and technology. Students access curriculum content through streaming and SD cards, enhancing their educational journey.

Industry:
Edtech
Subindustry:
Edtech

City Rank (Jos)

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SB Score:486

PiggyVest is a financial management platform for individuals and businesses to effectively handle their finances. Manage your money better with PiggyVest.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

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The Development Bank of Nigeria (DBN), established by the Federal Government of Nigeria in partnership with global development partners, aims to address the financing challenges faced by Micro, Small, and Medium Enterprises (MSMEs) in Nigeria, fostering their growth and enhancing their contribution to the economy.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Abuja)

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Regional Rank (Western Africa)

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Total amount:832

Top 173 Fintech Startups in Nigeria for 2025

The top three Fintech startups in Nigeria have raised more than USD 355M. Nigeria ranks #41 globally for the Fintech industry.
SB Score:578

TeamApt is a fintech company specializing in digital banking, business solutions, and payments infrastructure. They create innovative tools to streamline financial processes and improve the overall banking experience for customers.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Lekki)

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Regional Rank (Western Africa)

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SB Score:525

Moove is a mobility fintech that offers revenue-based vehicle financing to entrepreneurs in the mobility sector, empowering them to achieve vehicle ownership. By democratizing access to vehicles across Africa, Moove enables entrepreneurs to thrive and contribute to the region's economic growth.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

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Regional Rank (Western Africa)

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SB Score:486

PiggyVest is a financial management platform for individuals and businesses to effectively handle their finances. Manage your money better with PiggyVest.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

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Regional Rank (Western Africa)

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Total amount:173

Top 118 Ecommerce & Retail Startups in Nigeria for 2025

The top three Ecommerce & Retail startups in Nigeria have raised more than USD 126M. Nigeria ranks #44 globally for the Ecommerce & Retail industry.
SB Score:718

This innovative startup offers a unique token that enables users to purchase visual goods online, simplifying the shopping experience. By streamlining transactions and enhancing user engagement, it transforms the way customers access and enjoy digital visual products.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (Lekki)

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SB Score:471

Sabi Am is a B2B network that speeds up informal trade by connecting businesses across all industries. It accelerates commerce, making transactions faster and more efficient.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (Lagos)

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SB Score:465

Cars45 simplifies the process of buying and selling pre-owned cars in Nigeria. Owners can get a free quote online by entering their vehicle details, then schedule an appointment at one of 13 inspection centers for a thorough evaluation.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Lagos)

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Regional Rank (Western Africa)

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Total amount:118

Top 227 Software & Data Startups in Nigeria for 2025

The top three Software & Data startups in Nigeria have raised more than USD 721M. Nigeria ranks #67 globally for the Software & Data industry.

1st

OPay
SB Score:631

OPay offers a mobile payment service and consumer platform that enables users to send and receive money, pay bills, and order food and groceries. By providing smart financial services, OPay empowers users to manage their finances more effectively and accomplish more with their money.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Ikeja)

0

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Regional Rank (Western Africa)

0

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Global Rank (WorldWide)

0

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SB Score:541

Quala is a customer success platform that prioritizes human interaction. By merging qualitative assessments with straightforward quantitative metrics, it empowers businesses to gain a comprehensive understanding of their customers, fostering meaningful connections and enhancing customer experiences.

Industry:
Software & Data
Subindustry:
SaaS

City Rank (Lagos)

0

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Regional Rank (Western Africa)

0

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SB Score:483

Reliance HMO is a forward-thinking health insurance provider that harnesses technology to offer streamlined healthcare services. By delivering innovative solutions, it aims to ensure that quality healthcare is accessible to everyone, transforming the way individuals experience and engage with their health management.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Lagos)

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Regional Rank (Western Africa)

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Total amount:227

Most Funded Startups in Nigeria for 2025

The top three most funded startups in Nigeria have raised total funding of more than USD 855M. OPay has 1.95% more funding than Moove.

1st

OPay
SB Score:631

OPay offers a mobile payment service and consumer platform that enables users to send and receive money, pay bills, and order food and groceries. By providing smart financial services, OPay empowers users to manage their finances more effectively and accomplish more with their money.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Ikeja)

0

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Regional Rank (Western Africa)

0

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Global Rank (WorldWide)

0

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SB Score:525

Moove is a mobility fintech that offers revenue-based vehicle financing to entrepreneurs in the mobility sector, empowering them to achieve vehicle ownership. By democratizing access to vehicles across Africa, Moove enables entrepreneurs to thrive and contribute to the region's economic growth.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

0

View

Regional Rank (Western Africa)

0

View

Global Rank (WorldWide)

0

Browse
View full page
SB Score:541

Quala is a customer success platform that prioritizes human interaction. By merging qualitative assessments with straightforward quantitative metrics, it empowers businesses to gain a comprehensive understanding of their customers, fostering meaningful connections and enhancing customer experiences.

Industry:
Software & Data
Subindustry:
SaaS

City Rank (Lagos)

0

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Regional Rank (Western Africa)

0

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Global Rank (WorldWide)

0

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Total amount:832

Top Hiring Startups in Nigeria by Employee Number

The top three hiring startups in Nigeria have an median employee size that is between [1001-5000]
SB Score:718

This innovative startup offers a unique token that enables users to purchase visual goods online, simplifying the shopping experience. By streamlining transactions and enhancing user engagement, it transforms the way customers access and enjoy digital visual products.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (Lekki)

0

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Regional Rank (Western Africa)

0

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SB Score:439

Food Concepts Pioneer Limited runs bakeries that specialize in creating delicious baked goods. Their bakeries produce a variety of treats that are loved by customers.

Industry:
Foodtech
Subindustry:
Food and Beverage

City Rank (Ikeja)

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Regional Rank (Western Africa)

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SB Score:578

TeamApt is a fintech company specializing in digital banking, business solutions, and payments infrastructure. They create innovative tools to streamline financial processes and improve the overall banking experience for customers.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Lekki)

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Regional Rank (Western Africa)

0

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SB Score:470

Kobo360 is a platform that links cargo owners with truck drivers, streamlining the logistics process. Joining them is as easy as signing up, giving you access to a network of reliable transportation options for your goods.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Lagos)

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Regional Rank (Western Africa)

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Total amount:832

Explore the Startup Ecosystem of Nigeria

Population

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223.8 Million

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Regional Rank

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1st

0

Global Rank

(WorldWide)

64th

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