HomeBanking & FinanceTop 10 Fintech Companies in Nigeria (2023)

Top 10 Fintech Companies in Nigeria (2023)

If you want to know more about the top fintech companies in Nigeria, here's an article that'll give you insights into the top fintech startups in Nigeria.

You must have heard about fintech companies like Paycom (which is popularly known as Opay). And in Nigeria, we have plenty of them and their existence has made financial services very easy. As a business owner who is looking forward to making business transactions between yourself and your customers easy, you have to be affiliated with a Fintech Company.

In today’s article on NaijaKnowHow, I’ll be listing out the top-ranking fintech companies in Nigeria and you’ll get to know about the services they offer and where their offices are located in Nigeria.

These companies make financial services satisfying and reliable; transactions, investments and even baking in Nigeria have been made easy because of them. So before I proceed with my listicle, I’ll like to give you an insight into what a fintech company means and what they do in general.

What is a Fintech Company?

Fintech is derived from the word Financial Technology, and it can be an industry or a standalone company that uses modern technology to make traditional financial methods easy and efficient. A Fintech Company in Nigeria makes financial services accessible and we can tell from their impact on the change in the banking system in Nigeria.

Nowadays you don’t need to visit a bank before you can have a bank account, Fintech Companies have made digital banking apps possible in Nigeria and this will allow you to register a bank account anywhere without entering a banking hall.

List of the Top Fintech Companies in Nigeria

The number of fintech companies in Nigeria can’t be counted, but just as we all know that there’s always domination when it comes to popularity and customer base. Therefore I’ve decided to list the top 10 fintech organisations that are very popular in Nigeria.

1. Paystack Payments Limited

Fintech Companies

Paystack Payments Limited is an online gateway that makes it easier for business owners to get paid via credit and debit cards in Nigeria. Founded in 2015 by Shola Akinlade and Ezra Olubi, Paystack is very popular in Nigeria and they’re known to be affiliated with big online shopping websites like Jumia, Konga and even Bet9ja, Domino and Taxify use Paystack as their payment gateway.

Paystack has a lot of employees and its head office is located in Lagos. With Paystack, you can integrate their payment gateway API on your websites and get paid easily, even if your customers don’t have credit and debit cards to make payments, Paystack provided multiple payments methods and that is why it’s one of the Top 10 Fintech Companies in Nigeria and it’s one of the best online payment gateways in Nigeria.

Paystack Payments Limited Head Office is located at 126 Joel Ogunnaike St, Ikeja GRA 101233, Lagos Nigeria.

2. Flutterwave

Fintech Companies

Flutterwave is arguably the biggest financial service provider in Africa and not just in Nigeria alone, they also offer an online payment gateway for merchants to get paid via credit cards and debit cards. But Flutterwave offers comprehensive services because they’re affiliated with more than 40 different banks in Africa and they’re currently partnered with Paypal to allow merchants to get paid via Paypal (learn how to sell your PayPal funds in Nigeria).

Founded in 2016 by Olugbenga Agboola and Iyinoluwa Aboyeji, Flutterwave has been recognized in Nigeria and across different countries in Africa. They also have an app called Barter by Flutterwave, this app will let anyone generate Virtual Credit Cards and make online payments to foreign websites easily. Flutterwave is well talked about and is likened to Paystack, hence, in this article – Paystack vs Flutterwave, we detailed the similarities and differences between those two top Fintech companies.

Flutterwave Head Office is located at 8 Providence Street Lekki, 900001, Lagos Nigeria.

3. Remita

Remita Payments

Nigeria’s e-payment landscape is undergoing a revolution, with new fintech companies springing up to meet the needs of a growing digital economy. One of the most popular fintech companies in Nigeria is Remita.

Remita is an e-payment platform that enables businesses to make and receive payments online. The company has been operational for over 10 years and has processed over $5 billion worth of transactions. Remita is one of the most popular fintech companies in Nigeria because it offers a wide range of payment options, including online payments, mobile payments, and POS payments. The company also offers a variety of value-added services, such as airtime top-up and bill payment.

Remita Head Office is Located On the 4th-8th Floor, 136 Lewis St, Lagos Island 102273, Lagos, Nigeria.

4. PiggyVest


PiggyVest is a savings and investment platform based in Lagos, Nigeria. The company offers users the ability to save and invest their money via its app.

Founded in 2016, PiggyVest is a fintech company based in Lagos, Nigeria that offers a digital platform for savings and investments. The company allows users to set up automatic savings plans, track their spending, and access loans. PiggyVest has over 1 million users and has helped them save over $40 million. The company has been featured in Forbes, CNBC Africa, and TechCrunch.

PiggyVest Head Office Is Located At Tesmot House, 3 Abdulrahman Okene Close, Off Ligali Ayorinde St, Victoria Island, Lagos, Nigeria.

5. Chipper Cash

Fintech Companies

Chipper Cash is a mobile-first financial services startup based in Lagos, Nigeria, the company was founded in 2016 by Hamse Warfa and Toby Schistad with the mission to provide easy access to financial services for everyone.

Chipper Cash offers a mobile app that allows users to send and receive money, make payments, and access credit products. The company has raised $13 million in funding from investors such as Andreessen Horowitz, The Valley Fund, GV, and Precursor Ventures, In 2019, Chipper Cash was named one of the top 50 fintech companies in Africa by Forbes Magazine.

Chipper Cash Head Office Is Located At 814 Mission St. San Francisco, California, USA.

6. Paga


Paga is a Nigerian fintech company that allows users to send and receive money, make payments, and access credit, founded in 2009, Paga is one of the first fintech companies in Nigeria and has since become a leading player in the space.

Paga’s services are used by over 10 million Nigerians, making it one of the most popular fintech companies in the country. Paga has received numerous awards and recognition, including being named one of Forbes Africa’s Most Promising Companies in 2013 and one of CNBC Africa’s Rising Stars in 2015.

Paga Head Office Is Located At 176, Herbert Macaulay Way, 3rd Floor, Yaba Lagos Mainland, Lagos State Nigeria.

7. Kuda Bank

Kuda Bank

Kuda is a digital-only bank founded in 2018 with the mission to make financial services more accessible and affordable for everyone. Kuda is currently the only bank in Nigeria that offers free bank accounts with no monthly fees. The company also offers loans, savings, and investment products. In 2019, Kuda was named the best fintech startup in Africa by Fast Company.

Kuda Bank is quite popular in Nigeria and it’s one of the best digital banks in Nigeria, it’s a top fintech company and it has been featured in different awards and magazines. Kuda also offers an overdraft feature that’ll let you loan money from them and so far it’s one of the best loan apps in Nigeria as well.

Kuda Bank Head Office Is Located At 151 Herbert Macaulay Way, Yaba HQ, Lagos Nigeria.

8. E-transact


If you’re looking for a fintech company that can help you with electronic transactions, then e-transact is a great option. They are based in Lagos, Nigeria and they offer a variety of services including online payments, money transfers, and even online shopping. Plus, they have a very user-friendly website that makes it easy to use their services.

E-transact Head Office Is Located At Tower, 4th/5th Floor, Fortune, 27/29 Adeyemo Alakija St, Victoria Island 106104, Lagos, Nigeria.

9. Voguepay

VoguePay Naija

VoguePay is a leading online payment processor that allows merchants to accept payments in local and international currencies, the company offers a suite of payment solutions including online, mobile, and POS payments.

VoguePay is committed to providing secure and convenient payment solutions to businesses of all sizes, the company has a team of experienced professionals who are passionate about technology and finance.

VoguePay has received numerous awards and recognition from industry experts. The company is headquartered in Lagos, Nigeria and has offices in London, Dubai, and New York, VoguePay is a trusted partner of major banks and financial institutions in Nigeria.

Voguepay Head Office Is Located At 33A, Abba Johnson Crescent, Akora Estate, Off Adeniyi Jones, 101211, Ikeja, Lagos Nigeria.

10. Interswitch

Fintech Companies

Interswitch is a leading technology and integrated payments company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organizations on a timely and consistent basis.

Interswitch has played a big role in shaping the Nigerian fintech landscape and its contributions cannot be overemphasized. The company has been at the forefront of providing innovative payment solutions that have made waves across the country.

Some of Interswitch’s most popular products include Quickteller, a digital payments platform that allows users to make online payments for goods and services, a mobile wallet that allows users to store, send and receive money; and USSD (Unstructured Supplementary Service Data), a service that allows customers to access banking services via their mobile phones.

Interswitch Head Office Is Located At 1648C Oko Awo St, Victoria Island, Lagos Nigeria.


Fintech in Nigeria, like the rest of the world, has grown tremendously over the last decade and a half. Technology has made financial services more accessible and efficient, and fintech companies have been capitalizing on this opportunity in Nigeria to provide solutions to consumers and businesses alike.

With the top fintech companies we’ve listed in this article, you can easily visit any of their offices if you have any issues that need physical attention for resolution.

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Oladimeji Shadrach
Oladimeji Shadrach
A Computer Software & Hardware Engineer | Content Writer | Blogger | Web Designer | Web Developer. I'm Available for Content Writing Gigs, Website and Blog Creation Jobs As Well.


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