by Ekrem Duman | Aug 15, 2026 | NG Fintech & Payments, Nigeria Company Stories, Startup
⚡ TL;DRNigeria became Africa’s leading fintech hub thanks to a large underbanked population, a young tech-savvy workforce, mobile penetration, and real gaps in traditional banking. This story explains the forces that made Nigeria the continent’s fintech...
by Ekrem Duman | Aug 15, 2026 | NG Fintech & Payments, Nigeria Company Stories, Startup
⚡ TL;DROPay and Moniepoint scaled agent banking in Nigeria, using networks of local agents with point-of-sale terminals to bring financial services to millions who lacked easy bank access. Both reached huge valuations. This story explains how agent banking works and...
by Ekrem Duman | Aug 15, 2026 | NG Fintech & Payments, Nigeria Company Stories, Startup
⚡ TL;DRInterswitch, founded in 2002, built much of Nigeria’s electronic payment infrastructure, including card switching and the Verve card. It became a unicorn and a foundational player long before the current fintech boom. This story explains how Interswitch...
by Ekrem Duman | Aug 15, 2026 | NG Fintech & Payments, Nigeria Company Stories, Startup
⚡ TL;DRPaystack, founded in 2015 in Lagos, built simple payment tools for African businesses and was acquired by Stripe in 2020 in a deal reported around $200 million. It became a landmark exit for African tech. This is the story of how two founders built Paystack and...
by Ekrem Duman | Aug 15, 2026 | NG Fintech & Payments, Nigeria Company Stories, Startup
⚡ TL;DRFlutterwave, founded in 2016, built payment infrastructure that lets businesses accept and send money across Africa. It became Nigeria’s most valuable fintech and one of the continent’s best-known unicorns. This is the story of how it scaled...
