Market Overview
Nigeria's fintech sector has experienced explosive growth, with the country becoming the undisputed leader in African financial technology. The ecosystem is powered by a young, tech-savvy population and increasing smartphone penetration.
89M
Banked Adults
67%
Mobile Penetration
45M
Digital Wallet Users
$2.3B
Fintech Investment
Top Fintech Apps in Nigeria
Top Fintech Founders
Market Insights
Nigeria's fintech ecosystem is driven by several key factors including a large unbanked population, increasing mobile penetration, and supportive regulatory environment. The Central Bank of Nigeria has been instrumental in creating frameworks that encourage innovation while maintaining financial stability.
Financial Inclusion Across Nigeria
Interactive map showing fintech adoption rates across different states and regions.