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"5 Nigerian Tech Startups to Watch in 2022"

 

founders of Paystack, Shola Akinlade and Ezra Olubi,

Paystack

Paystack is a leading Nigerian fintech startup that provides an online payment gateway for merchants in Africa. It was founded in 2015 by Shola Akinlade and Ezra Olubi, and has since become one of the most successful tech startups in the country. In 2020, Paystack was acquired by Stripe for $200 million, making it one of the biggest tech acquisitions in Africa.

Flutterwave team standing in front of their office building

Flutterwave

Flutterwave is another Nigerian fintech startup that provides a payment gateway for businesses in Africa. It was founded in 2016 by Iyinoluwa Aboyeji and Olugbenga Agboola, and has since raised over $70 million in funding from investors such as Mastercard and Y Combinator. Flutterwave is known for its innovative payment solutions, including a platform that allows merchants to accept payments in multiple currencies.

A picture of Piggyvest dashboard or app

PiggyVest

PiggyVest is a personal finance management startup that helps Nigerians save and invest their money. It was founded in 2016 by Somto Ifezue and Odunayo Eweniyi, and has since raised over $5 million in funding from investors such as Y Combinator and Ventures Platform. PiggyVest is known for its user-friendly app and its various savings and investment options, including a flexible savings plan and a high-yield savings account.

Buycoins Logo

BuyCoins

BuyCoins is a Nigerian cryptocurrency exchange that allows users to buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. It was founded in 2017 by Timi Ajiboye and Adewale Yusuf, and has since raised over $2 million in funding from investors such as Y Combinator and Andela. BuyCoins is known for its easy-to-use platform and its wide range of payment options, including bank transfers and mobile money.

a truck from Kobo360 with the Kobo360 logo on it

Kobo360

Kobo360 is a Nigerian logistics startup that connects truckers with businesses that need to transport goods. It was founded in 2017 by Obi Ozor and Ife Oyedele II, and has since raised over $40 million in funding from investors such as Goldman Sachs and TLcom Capital. Kobo360 is known for its innovative logistics solutions, including a digital platform that allows truckers to find and book loads, and a GPS tracking system that helps businesses track their shipments.


In conclusion, these are five Nigerian tech startups to watch in 2022. Each of these companies is making a significant impact in their respective industries and has the potential to continue growing and making a positive impact in the future.

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