Sector
Fintech & Payments
Switching, PSPs, payment infrastructure, lending, wealth-tech and embedded finance; Nigeria's most-funded tech vertical.
6 sub-sectorsBullishRisk: Elevated
Market size
₦8.4T
YoY growth
+28.4%
Forecast (12m)
+24.6%
EBITDA margin
18.2%
Sentiment score
+72
Risk score
56/100
Sector summary
Switching, PSPs, payment infrastructure, lending, wealth-tech and embedded finance; Nigeria's most-funded tech vertical.
Key drivers
- ●eNaira & instant payments adoption
- ●Open banking framework
- ●Cross-border remittance flows
Top risks
- ●CBN regulatory tightening
- ●Fraud & cyber risk
- ●Funding winter for early-stage