Five top tech startups in Nigeria to watch out for in 2025.

tech startups in Nigeria

In today’s article, we will show you five top tech startups in Nigeria to watch out for in 2025. These tech companies are known for their fast-growing popularity in various specialisations. They have been gaining attention and are worth watching out for in 2025, for customers who need their services and job seekers who need employment in a standard organisation. The obvious truth is that applicants who are lucky enough to get employed in these companies stand the chance of being paid a good deal of money. These startups provide standard services that attract quality customers. In this article, talk about the services that these companies provide and their different rankings according to achievements. 

These tech startup companies include: 

  1. Flutterwave: This is a fast-growing tech startup that provides payment solutions to all businesses, institutions, and individuals across the globe. It is an American fintech company that provides users with payment infrastructure for worldwide merchants and payment services across the globe. Flutterwave is a privately owned company, established in 2016 under the management of Olugbega Agboola (C.E.O.) and Iyinoluwa Aboyeji. It has its headquarters in San Francisco, California, in the United States, with other operations in African countries like Nigeria, Ghana, Kenya, South Africa, and seven other African countries. Flutterwave made a hit record in 2021 when it raised a US$170 million Series C funding round; at the same time, it was ranked the highest amount secured by an African tech startup. It also formed a partnership with the Afro Sports network in January 2022 to broadcast the 2021 African Cup of Nations
  2. Paystack: This is a Nigeria-owned financial technology company that offers payment processing services for businesses and institutions. It is another fintech startup specialising in online payment processing for businesses, institutions, and individuals. It has its headquarters in Lagos, Nigeria. It was founded in 2015 under the management of Shola Akinlade and Ezra Olubi. The duo met as students at Babcock University, working together in banking and IT before they envisioned Paystack in 2015. Paystack is the first Nigerian company to be accepted into the startup accelerator Y Combinator. It also expanded in different African countries like Ghana in 2018, expanded in South Africa in 2021, and it also got another expansion in Kenya. It also has several partnerships with other companies, like Shopify, to enable African retailers to sell their goods on platforms beginning in 2016. It also launched pay with Apple Pay in 2021 and launched a partnership with an accounting software solution, Xero, in 2022, that enabled Xero users in Africa to add a pay with Paystack button to their own Xero users invoices.
  3. Andela: This is an American global job placement network for all software development. It is a technology company that builds and distributes engineering teams with Africa’s top software developers. Andela focuses on a long-term career connecting technologists with long-lasting or long-term contract engagement, access to international roles, good payment, and coaching through the Andela learning community. It is a privately owned company,  founded by Jemerey Johnson and other co-founders, who are Iyinoluwa Aboyede, Nadayar Enegesi, Brice Nkengsa, Ian Carnevale, and Christina Sass. Their services include the following: programming, freelance for freelancers, marketplace, recruitment, programmers, technologists, product management/managers, designers, etc. It was founded on May 21, 2014. It has its headquarters in New York City, in the United States. It has over 378 employees. Andela has a duty of providing technologists to six continents across the globe to access job opportunities with global companies on long-term contracts. After recruitment, Andela recruits can get training in software languages like Python, JavaScript, Ruby on Rails, etc. In 2014, Angela launched her first recruitment circle in Lagos, Nigeria. They placed a call-through for applicants over Twitter. The result of the applications was over 700 applicants, and they selected only four Nigerian software engineers after receiving 700 applications on the spot. 
  4. Kobo360: This is an African-based tech startup platform. It is a tech-enabled digital logistics platform that connects truckers with cargo owners to streamline logistics operations. It has its physical presence in six African countries: Nigeria,  Ghana, Ivory Coast, Burkina Faso, Kenya, etc. It is a privately owned company,  founded by Obi Ozor and Ife Oyedele in 2018. It has its headquarters in Lagos. It is a logistics service company whose products include transport, clearing, forwarding, and warehousing services for customers. 
  5. Gokada: This is a tech startup company which has its headquarters in Lagos State, Nigeria. It is a motorcycle-hailing service that offers comfortable transportation solutions in Nigerian cities. It is a ride-hailing company launched in 2017 before diverting into food and logistics and food delivery in 2020. This was caused by the ban on commercial motorcycles by the government of Lagos State. Founded by Fahim Sale, Deji Oduntan. Its headquarters are located in Lagos State, Nigeria. 

At the end of this article, you will realise that these startups have shown significant growth in their different areas of specialisation and have shown a great deal of innovation within Nigeria’s tech ecosystem and beyond. They have proven proficient in aiding the rate of unemployment in the country, also making life easier for the dear consumers. These startups have also aided economic stability, as the majority of these companies are privately owned. However, the landscape is a dynamic one, so it is essentially necessary to keep a watchful eye on emerging players, competitors, and market shifters who are also working tirelessly to get the best ranking on the top list of fast-growing tech startups in Nigeria. TechStarts like Kuda, Moove, Moniepoint, Jasper, Waymark, Snack Pack, etc. 

 

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