Nigeria has become Africa’s leading tech hub, often called the “Silicon Valley of Africa.” With a young population, rising internet penetration, and growing venture capital interest, several startups are reshaping key sectors.
1. Flutterwave
Flutterwave is transforming digital payments across Africa. It allows businesses to accept payments locally and internationally, making cross-border trade easier for African companies.
2. Paystack (Stripe Africa)
Now backed by Stripe, Paystack continues to simplify online payments for small and medium businesses, enabling more Nigerians to participate in the digital economy.
3. Moniepoint
Moniepoint focuses on financial services for businesses, especially SMEs. Its POS and banking solutions power thousands of merchants across Nigeria.
4. Andela
Andela connects African software developers with global companies, positioning Nigeria as a major exporter of tech talent.
5. Kuda Bank
Kuda is a fully digital bank offering zero-maintenance banking, targeting young professionals and entrepreneurs.
Why they matter: These startups are not just growing locally; they are placing Nigeria on the global tech map.