Between January and August 2022, fintech startups in Nigeria registered a total funding value of 507 million U.S. dollars, significantly increasing from amounts received from 2015 to 2020. There were over 140 fintech startups in the country as of 2021.
Total value of fintech startup funding in Nigeria from 2015 to 2022
(in million U.S. dollars)
The source defines startups as young businesses with no guarantee of success, and where people who choose to work forgo stability, substituting it with innovation and the promise of increased growth.
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Disrupt Africa. (September 15, 2021). Total value of fintech startup funding in Nigeria from 2015 to 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1340349/total-value-of-fintech-startup-funding-in-nigeria/
Disrupt Africa. "Total value of fintech startup funding in Nigeria from 2015 to 2022 (in million U.S. dollars)." Chart. September 15, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1340349/total-value-of-fintech-startup-funding-in-nigeria/
Disrupt Africa. (2021). Total value of fintech startup funding in Nigeria from 2015 to 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1340349/total-value-of-fintech-startup-funding-in-nigeria/
Disrupt Africa. "Total Value of Fintech Startup Funding in Nigeria from 2015 to 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 15 Sep 2021, https://www.statista.com/statistics/1340349/total-value-of-fintech-startup-funding-in-nigeria/
Disrupt Africa, Total value of fintech startup funding in Nigeria from 2015 to 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1340349/total-value-of-fintech-startup-funding-in-nigeria/ (last visited December 22, 2024)
Total value of fintech startup funding in Nigeria from 2015 to 2022 (in million U.S. dollars) [Graph], Disrupt Africa, September 15, 2021. [Online]. Available: https://www.statista.com/statistics/1340349/total-value-of-fintech-startup-funding-in-nigeria/