30+ Top Startups in Nigeria to Watch out For in 2022

Nigeria has a population of 208.8 million people and a rapidly growing economy of Africa, Nigeria has become a key country for startups who are engaging massive funds to capture the overall market. Nigeria has developed itself as a battleground for the upcoming companies aiming at growth and establishing themselves for the future tech leader in the long run in startups in Nigeria. Apart from being the largest economy of Africa, mainly due to its high oil and gas production, it has also enjoyed a GDP growth of 6.9%.

With recent openings, it’s much easier to do business in Nigeria than it used to be. These Startups in Nigeria have taken up the task and the challenge to build great companies. Being in the various platform of Nigeria and being involved in multiple industries. Startups in Nigeria are spreading their business through new technology and solving people’s needs. Startups in Nigeria are focusing on innovations and building new production systems. These startups are making a massive change in the industries of logistics, finance, hospitality, investment, automobile, etc.

Many startups are gaining immense fame in Nigeria by reaching a vast population by providing their service. With the tremendous growth all over Africa, some startups have taken their service worldwide and have successfully developed themselves as a brand. Below we’ve listed the top 30+ startups in Nigeria that will surely outplay the game in 2022.

The following are the list of Top Startups in Nigeria:

1. Autochek
2. Chaka
3. CowryWise
4. Eden
5. Flutterwave
6. Flying Doctors Nigeria
7. Giga Layer
8. Gradely
9. Haulr
10. Hotels
11. Bamboo
12. Konga
13. Lifebank
14. Mines.io
15. Opay
16. Otrac

17. Overwood Capital
18. Paga
19. Paystack
20. PiggyVest
21. reQuid
22. Riby
23. Rise Vest
24. Roqqu
25. Safer Codes
26. Slatecube
27. TalentQL
28. Thrive Agric
29. uLesson
30. Vinsighte
31. Wealth.ng
32. WeMove

1. Autochek

This Startup in Nigeria makes it easier to buy and sell cars in Nigeria. This automotive technology startup recently raised $3.4 million led by TLcom Capital and 4DX Ventures. This startup aims to build an environment that has safe and secure automobile buying and selling. Autocheck also provides you car repair and maintenance services in Nigeria to keep the life of your car long. The Service is not limited till here as they also provide you car washing, battery service, painting, denting, tyre service, car brake, engine service, etc. Basically, here you will get everything you need to maintain a good car. You can get their app from the App store, upload details of your car, register it get the Schedule for your car maintenance.

Founder: Etop Ikpe
Total Funding: $3.4 million
Founding Year: 2020
Category: Automobile
Contact: +234 700-288-6243

2. Chaka

Launched in 2019, Chaka is a digital investment platform that allows you to manage and build your portfolio. It lets Nigerians invest in foreign stock markets like NASDAQ and NYSE. The main intention behind the start of Chaka was to eliminate the investment barriers from Africa and the world and opening the opportunity to invest across the globe. This made it possible to create ample opportunities to invest and trade. In the upcoming few years, trading would be definitely the next big thing. It’s useful for investors, both inside the country and outside the country.

Founder: Tosin Osibodu
Total Funding: Undisclosed
Founding Year: 2019
Category: Investments
Contact: +2347011204586

3. CowryWise

CowryWise is one of the top startups in Nigeria that provides premium investment and financial services available to the common man. It automates the process of saving and investing money. Users can sign up for an investment plan, and every month, a specified amount will automatically be saved from their savings account to their CowryWise account. This amount also earns almost double the interest offered by any bank.

Founder: Edward Popoola, Razaq Ahmed
Total Funding: : $170,000
Founding Year: 2017
Category: Banking and personal finance
Address: 5C Rev.Ogunbiyi St, Ikeja GRA, Ikeja, Nigeria
Contact: +2348022212229
Email Id: support@cowrywise.com

4. Eden

This innovative tech-enabled concierge service for homes is a unique startup in Nigeria. Eden has made taking care of your home and finishes daily chores easy! It finishes home chores for you by assigning a person the daily tasks. This helps you go ahead and live your life as usual. It helps its users save time, energy, and is known for its experience.

Founder: Nadayar Enegesi (CEO), Prosper Otemuyiwa, and Silm Momoh
Founding Year: 2019
Category: Home Service, Technology
Address: Block D3 Flat 5, Jacob Mews Estate, Adebisi Street, Yaba, Lagos, Nigeria.
Contact: +234 903 964 2139
Email Id: support@edenlife.ng

5. Flutterwave

Flutterwave enables its clients to build customizable payment services through its APIs. It provides the underlying technology, services, and infrastructure required to build custom payments and enable smooth transactions. Its clients include transaction service providers, merchants, banks, and businesses. The company has facilitated over $8 billion in transactions since 2016.

Founder: Iyinoluwa Aboyeji, Olugbenga Agboola
Total Funding: $64.7 million
Founding Year: 2016
Category: FinTech
Address: 8, Providence Street, Lekki Phase One, Lagos, Nigeria.
Contact: +234 1 280 9030
Email Id: hi@flutterwavego.com

6. Flying Doctors Nigeria

Flying Doctors Nigeria is the first indigenous air ambulance in west Africa. This company provides air ambulance, medical solutions, and medivac services. This company has been at work for more than 10 years, providing life-saving aeromedical transport at the lowest possible cost. They are at the forefront of the Covid battle, and they plan to invest 1 billion dollars to improve African healthcare. Because of this great Service, Flying Doctors Nigeria is considered one of the Top startups in Nigeria.

Founder: Olamide Orekunrin
Total Funding: $10 million
Founding Year: 2009
Category: Healthcare
Address: 2nd Floor Quits Aviation Centre (be Execujet Hangar), Hangar One, Along Gate 1, Muritala Muhammed International Airport, Ikeja, Lagos, Nigeria.
Contact: +234 703 509 7761
Email Id: management@flyingdoctorsnigeria.com

7. Giga Layer

GigaLayer is a web hosting service that provides domain names and other facilities for companies hosting their websites in Nigeria. Their services include domain names (.ng), website security certificates, virtual servers, and shared hosting among many others. This startup boasts of thousands of happy business owners as their clients.

Founder: Ahmad Mukoshy
Founding Year: 2012
Category: Web Hosting
Address: 378, Herbert Macaulay Way, Yaba, Lagos, Nigeria.
Contact: +2348098500186
Email id: hello@gigalayer.com

8. Gradely

Gradely, a startup in Nigeria is working to make learning easier for children. They work with students, teachers, schools and parents to find gaps in each student’s learning and fill it early on. Furthermore, they show a customized performance and learning journey for the students to follow. They also give real-time feedback. Gradely even has a catch-up section where they create personalized lessons to help them catch up.

Founder: Boye Oshinaga
Total Funding: $ 35K
Category: EdTech
Address: 8 Montgomery Rd, Yaba 100001, Lagos, Nigeria
Contact: (+234) 810 059 8268 (+234) 805 596 7844
Email Id: support@gradely.ng

9. Haulr

Haulr solves an age-old problem – tracking trucks. This AI-driven startup gives real-time updates to partners and logistic services. It helps reduce theft and reduces the cost of cargo goods. They do this by monitoring the trucks and reducing empty hauls. Started by Neohaul Technologies this is a truly innovative startup in Nigeria.

Founder: Tom Chute
Founding Year: 2018
Category: Logistics, AI
Address: 8, Montgomery Road, Yaba, Lagos, Nigeria

10. Hotels

Hotels.ng is an online travel booking agency in Nigeria, specializing in offering hotel bookings. Customers can book hotels online, make payments, view online reviews, and even write recommendations for their peers. They aim to ensure that everyone within Nigeria enjoys a clean, safe, and comfortable hotel experience. To date, they have partnered up with about 7,138 hotels from 320 cities in Nigeria.

Founder: Mark Essien
Total Funding: $1.5 million
Founding Year: 2012
Category: Tourism and Hospitality
Address: 3, Birrel Avenue, off Herbert Macaulay Way, Sabo, Yaba, Lagos
Contact: 07008808800
Email Id: partnerships@hotels.ng/ reservations@hotels.ng

11. Bamboo

Bamboo is another investment platform that is similar to a rising Vest; this platform helps people invest in the Nigerian as well in the stocks of the US. It also helps to invest or trade in 3500 stocks listed in the US. Stocks. This can be easily done through mobile phones or computers. Bamboo makes it fast to discover the trending companies you can invest in. Bamboo believes in using top security to protect the data of its users. The users can use their local currency balance and buy the shares in a matter of seconds. Their focus on design allows new users to be comfortable too.

Founder: Yanmo Omorogbe and Richmond Bassey
Total Funding: $150K
Founding Year: 2019
Category: wealth tech
Address: Plot 1, Block, 22,
Babatunde Anjous Ave, Lekki Phase 1,
Lagos, Nigeria
Email Id: upport@investbamboo.com

12. Konga

Konga is an e-commerce store. It has everything from books, phones, groceries, and much more. Konga.com is known as an online mall. It started in 2012 but has truly picked up speed in the past few years, and its main aim is to become the biggest commerce trading company. It allows sellers and buyers to buy in bulk. Konga was acquired by Zinox Technologies. Konga.com helps customers to grow by offering various products in the categories of books, healthcare, baby products, phone, computers, clothes, etc. Konga has been providing great service to the people of Nigeria for the past few years, and because of this Konga is known as one of the Top startups in Nigeria.

Founder: Prince Nnamdi Ekeh and Sim Shagaya
CEO – Nick Imudia Nnamdi Ekeh
Total Funding: $79.5M
Founding Year: 2012
Category: E-commerce
Address: Kosofe, Nigeria
Contact: 0708 063 5700, 0809 460 5555
Email Id: help@konga.com

13. Lifebank

Lifebank is a MedTech startup that aims to address the problem of blood shortage in Nigeria. This startup has an app that connects with hospitals and clinics. They supply blood from the blood banks, along with medical supplies like oxygen, drugs, and medicines to people in need of medical care. Lifebank has worked with up to 670 hospitals to date, delivering 28,000 vital medical supplies and saving over 10,400 lives.

Founder: Temie Giwa-Tubosun.
Total Funding: $225k
Founding Year: 2015
Category: MedTech
Address: Connal Road, 1 Herbert Macaulay Way, Yaba 101212, Lagos, Nigeria
Contact: +234 909 716 7238
Email Id: team@lifebank.ng

14. Mines.io

Mines.io (now called Migo) is a startup that allows customers to get loans, withdraw money and get credits based on their credit score. Migo’s proprietary credit system is developed with the help of Machine Learning and AI, to allow companies to offer credit to their low and middle-income customers. They have developed a custom API that allows fintech operators to gain insights about their clients before offering credit. They have served over 1 million customers to date and offered about 3 million loans.

Founder: Ekechi Nwokah
Total Funding: $37.2 million
Founding Year: 2013
Category: Banking and finance
Address: Adekunle Lawal Rd, Ikoyi 100001, Lagos, Nigeria
Contact: +234 1 700 2274
Email Id: info@migo.money

15. Opay

Opay is an Africa-focused financial startup that builds products that make payments, transport, grocery, and food delivery. Etc. There are millions of people who use OPay on a daily basis to send and receive money and payment of bills. Nigeria has become the epicenter of VCs and Fintech growth. Opay boasts about having the lowest fees in all of Africa. They were funded for $120 million recently and had raised $50 million before that. With the help of a passionate team and fast-growing users, Opay is making financial services more accessible to the people and making payment easier.

Founder: Yahui Zhou
Total Funding: $170 million
Founding Year: 2018
Category: FinTech
Address: Alexander House, Otunba Jobi Fele Way. Ikeja. Lagos, Nigeria.
Whataspp : +234 (01) 8888329
Email Id: ng-support@opay-inc.com

16. Otrac

Otrac is a learning platform for continuous learning for medical practitioners. They provide specific courses and learning for medical professionals. Otrac aim is to build a learning platform that supports the continuous growth of health practitioners. Hailing from Nigeria, they’ve definitely made their mark on the Nigerian startup space. They’ve raised funds of 70,000 dollars and have used it to help several different professionals. With all these services, Otrac is known as one of the best e-learning software for African Health Practitioners.

CEO: Faridah Kabir
Total Funding: $70,000
Founding Year: 2016
Category: E-learning
Address: Abuja, Federal Capital Territory, Nigeria
Contact: +234 803 847 1835
Email Id: info@otrac.ng

17. Overwood Capital

Overwood Capital is a tech-enabled Nigerian startup that allows “regular people to access high-yield investment instruments” The Goal behind starting this was to make safe, as well as high-yield investments that can be used by the people of Nigeria. It was launched in January 2020 and has already gained 491 users, and has done transactions valued at ₦100 million. Overwood Capital, through its Service and trust, has become one of the most promising startups in Nigeria.

Founder: Dr Tayo Oyedeji
Founding Year: 2020
Category: FinTech
Address: 12 Maryland Crescent, Maryland Estate Lagos, Nigeria
Contact: 234-9037936601
Email Id: hello@overwood.ng

18. Paga

Paga is a startup created to make receiving and sending money easier. It was made with the vision of making people use a safe platform to send and receive money. Paga is a mobile payment app that allows people to digital send and receives money. At the time of writing this article, they have 16,830,666 customers and 26,908 agents. Paga has played a huge impact on eliminating the cash for transactions and opportunities to use a better payment service. This digital payment service has impacted the lives of many people in Nigeria till date.

Founder: Tayo Oviosu
Total Funding: $32,700,000
Founding Year: 2009
Category: Digital payments
Address: 176 Herbert Maculay Road,
Yaba, Lagos.
Contact: 07000007242
Email Id: service@mypaga.com

19. Paystack

Paystack is a Fintech startup that makes payments faster and easier for companies and individuals. It allows its customers to accept payments via credit card, debit card, USSD, money transfer, and mobile money. It has a custom API for businesses to design their own payment portals. Businesses using their API also have a dashboard where they can get reports and analyze customer data.

Founder: Ezra Olubi, Shola Akinlade
Total Funding: $11.7 million
Founding Year: 2015
Category: FinTech
Address: 126 Joel Ogunnaike St, Ikeja GRA, Lagos, Nigeria.
Contact: +2349085662909
Email Id: hello@paystack.com

20. PiggyVest

PiggyVest allows individuals and businesses to save and invest money easily. It allows debit cardholders to automate the process of saving money. Users choose a plan, and a small amount of money is automatically saved monthly, weekly, or daily. Users can only withdraw this money on a fixed date. The PiggyVest platform has helped over 1,000,000 people to save for their goals to date.

Founder: Ayo Akinola, Joshua Chibueze, Nonso Eagle, Odunayo Eweniyi, Somto Ifezue
Total Funding: $1.2 million
Founding Year: 2016
Category: Banking and Financial Services/ FinTech
Address: Tesmot House, 3 Abdulrahman Okene Close, Off Ligali Ayorinde St, Victoria Island, Lagos, Nigeria.
Contact: 0700 933 933 933
Email Id: contact@piggyvest.com

21. reQuid

reQuid is an interesting startup in Nigeria that allows you to invest in agro. It helps you to easily invest, manage your investment and liquidate your investment. It gained popularity by winning the first-ever X-Kathon organized by the Nigerian Stock Exchange and received ₦5 million as a grand prize. They’ve already garnered 1,000+ users and are growing further to become one of the top startups in Nigeria

Founder: Felix Imafidon and
Founding Year: Beta launch 2019
Category: FinTech
Address: Designed and Developed by reQuid Technologies Ltd. in Lagos, Nigeria
Contact: +234 1 453 7990
Email Id: support@reQuid.com

22. Riby

Riby is a platform that helps organizations to adapt to digital finance. It helps members of trade groups, cooperatives, small businesses, and even individuals. Their platform provides access to services like savings, peer-to-peer lending, and loans. Riby aims to equip the people of Nigeria to live better financially. Riby helps the members of their groups to take advantage of financial Service such as savings and loans. Riby vision is to help people live a better financial life. From the past few years, a lot of middle-class people have been involved in shared economic models.

Founder: Abolore Salami
Total Funding: $15k
Founding Year: 2016
Category: Banking and finance
Address: House G4, Moore Rd, Yaba, Lagos, Nigeria.
Contact: +234 809 222 2109
Email Id: info@riby.me

23. Rise Vest

With a focus on dollar-denominated asset investments Rise vest gives you all the services for people in Nigeria. It first launched as Cashestate and rebranded itself as rising Vest in 2019 November. Rise Vest allows users to invest in US real estate, Eurobonds, sticks, and venture capital. There are more than 40,000+ people who invested in rise. Rise vest has been working hard and has successfully transformed the lives of people through their Service.

Founder: Eleanya Eke Urum
Total Funding: $62,000 (₦22.5 million)
Founding Year: 2018
Category: Fintech, investment, WealthTech
Address: Jacob Mews Estate, Adebisi Street, Yaba, Lagos.
Contact: +234 818 714 7405

24. Roqqu

Roqqu is a blockchain-based FinTech startup that allows users to buy, sell, and exchange cryptocurrencies. They have a mobile app and web platform that allows users to buy cryptocurrencies from their debit cards directly. This platform is designed specifically for Nigerian users and allows them to securely trade digital assets. Roqqu is fast, safe and most important, it’s reliable. Through this platform, you can directly get funds to your bank account with no risk.at all. Roqqu also allows you to get paid in the form of bitcoin, TRON, and XRP.

Founder: Uchenna Nnodum
Total Funding: $15k
Founding Year: 2018
Category: FinTech, Cryptocurrency
Address: No 27A, Road 11, Ikota Villa Estate, Lekki-Epe Expressway, Lagos State.
Contact: +234 906 167 7506
Email Id: hello@roqqu.com

25. Safer Codes

Safer Codes is an independent startup that provides customized QR codes for its clients. If you want to generate a QR code for a website, a social profile, or even for sharing a document, all you have to do is enter the details on their website and hit enter! Safer Codes automatically creates QR codes that can be used for registering customers, managing inventory, and making quick payments. They offer some special digital services like a virtual menu and virtual check-in’s.

Founder: Felix M
Total Funding: N/A
Founding Year: 2020
Category: Marketing
Address: N
Email Id: hello@safer.codes

26. Slatecube

Slatecube offers a cloud-based solution for e-learning and workforce development. They have a SaaS platform, which leverages the power of AI. They offer full-fledged learning solutions to businesses, government organizations, and recruiters to bridge the gap between education and skills. The platform can also be used by schools and universities to conduct lectures, manage attendance, conduct tests, and evaluate results. Their Partner organizations include MITx, Code.org, The Bits Academy among others.

Founder: Chris Kwekowe, Emerald Kwekowe
Total Funding: $40 k
Founding Year: 2018
Category: E-learning
Address: Slatecube Talent Accelerator Ltd. (RC 1476593), 10th Floor, Western House, 8-10 Broad Street, Lagos Island, Lagos.
Contact: +234 8026082044
Email Id: hello@slatecube.com

27. TalentQL

TalentQL claims to be the top hub of talent for Africa. They focus on Talent Outsourcing, Talent Pipeline Creation and Remote Workforce Management. This means they source the right talent for companies in Africa and also create a pipeline of that talent.

This newly formed recruitment startup has raised $3000k led by Zedcrest Capital. We have to wait and watch to see where they are headed in 2022.

Founder: Adewale Yusuf, Opeyemi Awoyemi, Akintunde Sultan, Jobberman and DevCareer
Total Funding: $3000k
Founding Year: November 2020
Category: Talent Acquisition
Email Id: founders@talentql.com

28. Thrive Agric

Thrive agric is an agri-tech startup that aims to improve food security in Africa by empowering local farmers. This startup has established a crowdfunding platform. Local farmers are listed on this platform. Subscribers can fund these local farmers, and get live updates on what is happening on the farm when the harvest is due, and they also get a share of the profits. The funds received are used by the farmers to buy insurance, buy products, and market them.

Founder: Uka Eje
Total Funding: $385k
Founding Year: 2016
Category: Agritech
Address: 31,441 Crescent CITEC Villas, Gwarinpa, Abuja, Nigeria.
Contact: +2348167164014/ +2347064901559
Email Id: info@thriveagric.com

29. uLesson

The startup in Nigeria, uLesson is the no.1 learning app in Nigeria. It is built to make education accessible and affordable with the best teachers, resources, and media. Their personalized learning, depth of content, and relevant content truly set them apart. They cover WAEC, JAMB, NECO, and GCE syllabuses. They’ve also been featured on Techcrunch, Quartz, Business insider, Ventureburn, and more!

Founder: Sim Shagaya
Category: EdTech
Address: NA
Contact: +234 700 022 2333 or +233 59 466 8550 (for Ghana)
Email Id: help@ulesson.com

30. Vinsighte

Vinsighte is one of the startups from Nigeria in the Facebook Accelerator 2019 cohort. It works with computer vision and sonar technology to help the visually impaired live more comfortably. Their guiding aids help the visually impaired to move around in their environments and support them to read and write. Vinsighte focuses on making the best use of highly advanced technology to help the prevalence of visual impairment and to help the people of Nigeria and Africa to live a better life with proper eyesight. For offering such an amazing and helpful service, Vinsighte is thoroughly considered one of the best startups in Nigeria.

Founder: Oluwatomisin Kolawole
Founding Year: 2018
Category: Technology
Address: Linux Professional Institute,
Tech Road University Of Ibadan,
Ibadan, Nigeria
Contact: +2347068687230 / +447400259461
Email Id: info@vinsighte.com.ng

31. Wealth.ng

Wealth.ng is one of the fintech startups in Nigeria which focuses on bringing all your investment portfolios in one place launched by Sankore Securities Limited and pools treasury bills, bonds, mutual funds, stocks, real estate, and agro investment. They also have options to gift stocks to your loved ones. Wealth.ng has made it easy and secure for the people of Nigeria to invest their money in a safe place and add an earning to their life.

Founder: Ibukun Awosik
Total Funding: $18.6 million
Founding Year: 2010
Category: Investment and advisory
Address: 33B, Cameron Road, off Alfred Rewane, Ikoyi, Lagos, Nigeria
Contact: +234-1-295-5546
Email Id: hello@wealth.ng

32. WeMove

WeMove is a company to builds innovative technology solutions for the transportation sector. They have a list of esteemed clients like Unilever, Flutterwave, Techpoint.ng, and more. It is known to allow its users to build and find any vehicle and hire it. Owned by WeMove Technologies, it has truly built a name for itself. Wemove has made a huge in transportation in Nigeria by offering their Service. Through WeMove you can add or hire vehicles for agriculture, private trips, haulage, moving places, weddings, travels & Tours, and consumer goods.

Founder: Celestine Ezeokoye
Category: Logistics
Address: 78 Bode Thomas, Surulere, Lagos.
Contact: +234 (0) 808 651 4565
Email Id: hello@wemove.co

Conclusion

There you have it, the top 32 Startups in Nigeria that you should keep an eye out for in 2022. All these startups mentioned here are providing great value to the life of people in Nigeria through their services and thus deserve to be a part of the Top startups in Nigeria 2022.  While we’ve covered several startups, we know there are many more that we haven’t. I would request you to keep going and look ahead to get featured the next year!