StartupBlink

790 Top startups in Lagos for July 2026

We rank PalmPay, Moove and Phoenix in Lagos along with 787 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. Lagos startup ecosystem ranks #70 globally and #1 in Nigeria.

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Accelerators

Top Unicorn Startups in Lagos for 2026

Two startups have achieved unicorn status by exceeding USD 1 billion in valuation. Collectively, the top two unicorns in Lagos have raised more than USD 4B.
SB Score:653

Moniepoint is a financial technology company that provides digital financial services for businesses. The company's services include payment solutions, banking services, credit provision, and business management tools that assist in financial transactions and operations.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:598

Flutterwave provides a payment infrastructure for merchants and payment service providers. They offer an online marketplace for businesses to list their products and services for sale. They provide payment tools, including a smart payment ordering system for businesses to accept payments.

Industry:
Fintech
Subindustry:
Financial Services

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Total amount:2

Best Startups in Lagos for 2026

SB Score:527

Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa. The company embeds its alternative credit-scoring technology onto ride-hailing, logistics, and last-mile/instant delivery platforms, which allows access to proprietary performance and revenue analytics of mobility entrepreneurs to underwrite loans.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:523

Phoenix uses tabs to allow you to browse securely and hide your activities from others without leaving a digital trail.

Industry:
Software & Data
Subindustry:
SaaS

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SB Score:484

Reliance Health uses technology to make quality healthcare more affordable and accessible in emerging markets. Using an integrated approach that includes affordable health insurance, telemedicine, and a combination of partner and proprietary healthcare facilities.

Industry:
Software & Data
Subindustry:
Apps

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SB Score:473

Chowdeck is a food delivery service and marketplace to buy meals from a wide range of restaurants. The company provides a platform that combines logistics, payments, inventory management, and real-time performance tools that allow businesses to develop a better delivery experience for their customers.

Industry:
Foodtech
Subindustry:
Online Food Ordering

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7th

Mono
SB Score:459

Empowering customers in Africa to easily access their data, this startup provides a seamless and secure platform for managing personal information. With a user-friendly interface, it ensures data privacy and convenience for all users.

Industry:
Software & Data
Subindustry:
Data Analytics

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SB Score:452

Nomba is a fintech company that offers financial software solutions. They provide fintech services such as bussiness saving, joint bussiness saving, card payments, POS terminals, management, and banking tools solutions for bussiness.

Industry:
Hardware & IoT
Subindustry:
Consumer Electronics

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SB Score:444

Sabi is a provider of digital infrastructure for the distribution of goods and services. Its platform enables and empowers underserved merchants in the world, allowing agents, merchants, aggregators, distributors, and manufacturers to expand their capabilities and grow their businesses using Sabi’s technology rails. These rails provide access to inventory, commodities, logistics, business tools, data insights, and financial services.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

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SB Score:442

CowryWise is a FinTech company democratizing access to premium financial services by making these services available to the general public at low rates. The firm leverages technology and investment management to re-imagine how personal finance services are delivered to people. The firm also helps customers in completing their savings and investment goals in a simple, secure, and rewarding manner.

Industry:
Fintech
Subindustry:
Financial Services

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SB Score:419

TradeDepot is an end-to-end distribution platform that connects the world's top consumer goods companies directly to retailers on the streets of Africa's cities. With its headquarters in Lagos, Nigeria, TradeDepot aims to build the largest retail distribution network in Africa. The company was founded in 2016, with a mission to improve milk distribution to smaller retailers on the continent, using technology. Today, the company is scaling the same technology to improve the distribution of food, beverages, and personal care products to retailers, and to improve livelihoods for these retail store owners.

Industry:
Ecommerce & Retail
Subindustry:
Consumer Goods

City Rank (Lagos)

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Total amount:790

SB Score:527

Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa. The company embeds its alternative credit-scoring technology onto ride-hailing, logistics, and last-mile/instant delivery platforms, which allows access to proprietary performance and revenue analytics of mobility entrepreneurs to underwrite loans.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

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SB Score:523

Phoenix uses tabs to allow you to browse securely and hide your activities from others without leaving a digital trail.

Industry:
Software & Data
Subindustry:
SaaS

City Rank (Lagos)

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Total amount:790

SB Score:527

Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa. The company embeds its alternative credit-scoring technology onto ride-hailing, logistics, and last-mile/instant delivery platforms, which allows access to proprietary performance and revenue analytics of mobility entrepreneurs to underwrite loans.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

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SB Score:523

Phoenix uses tabs to allow you to browse securely and hide your activities from others without leaving a digital trail.

Industry:
Software & Data
Subindustry:
SaaS

City Rank (Lagos)

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Total amount:790

SB Score:527

Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa. The company embeds its alternative credit-scoring technology onto ride-hailing, logistics, and last-mile/instant delivery platforms, which allows access to proprietary performance and revenue analytics of mobility entrepreneurs to underwrite loans.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

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SB Score:523

Phoenix uses tabs to allow you to browse securely and hide your activities from others without leaving a digital trail.

Industry:
Software & Data
Subindustry:
SaaS

City Rank (Lagos)

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Total amount:790

Most Funded Startups in Lagos for 2026

The top three most funded startups in Lagos have raised total funding of more than USD 527M. Cashbuddy has 0.00% more funding than Moove.
SB Score:389

Cashbuddy revolutionizes payment processes for African businesses and individuals, making it easy to send and receive local and international payments. With a focus on revenue assurance, fraud prevention, and customer retention, Cashbuddy simplifies offline payment collection to drive business success.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

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SB Score:527

Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa. The company embeds its alternative credit-scoring technology onto ride-hailing, logistics, and last-mile/instant delivery platforms, which allows access to proprietary performance and revenue analytics of mobility entrepreneurs to underwrite loans.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

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SB Score:416

PalmPay is a leading Africa-focused fintech platform committed to driving economic empowerment across the continent. Through its secure, user-friendly and inclusive suite of financial services, PalmPay brings top-tier products into the pockets of everyday Nigerians.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Lagos)

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Total amount:790

Top Hiring Startups in Lagos by Employee Number

The top three hiring startups in Lagos have an median employee size that is between [5001-10000]

Smartcash PSB is a Payment Service Bank that offers digital financial solutions. The company provides a platform for instant money transfers to any mobile number or bank account. It also allows users to recharge or buy data for themselves and others. Smartcash PSB is a subsidiary of Airtel Africa PLC and operates in the financial services industry. The company also offers support services through phone and email for customer inquiries and fraud reports.

Industry:
Fintech
Subindustry:
Online Banking

City Rank (Lagos)

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SB Score:166

Intelics Solutions is Africa’s largest Information Technology Enabled Services company, a Joint venture between Writer Business Services Private Limited, Asia’s largest & amongst top 7 worldwide Information Management Service provider & IAL Nigeria Limited, Nigeria’s oldest & largest Move Management Company. Through their services they offer business value to their customers by combining operational excellence with deep domain expertise across the entire spectrum of vertical, including Banking & Financial Services, Insurance & Healthcare, Manufacturing & Pharmaceuticals, Retail and Shipping & Utilities. Their Business Process Service offerings helps organizations move faster – by simultaneously being more innovative & efficient. By leveraging their synergies across business processes, technology & consulting services they are able to ensure & deliver customer-centric environments.

Industry:
Software & Data
Subindustry:
Software

City Rank (Lagos)

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SB Score:527

Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa. The company embeds its alternative credit-scoring technology onto ride-hailing, logistics, and last-mile/instant delivery platforms, which allows access to proprietary performance and revenue analytics of mobility entrepreneurs to underwrite loans.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Lagos)

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Total amount:790

Explore the Startup Ecosystem of Lagos

National Rank

(Nigeria)

1st

0

Regional Rank

(Western Africa)

1st

0

Global Rank

(WorldWide)

70th

0

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Top Cities for Startups in Nigeria - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
2026 National Rank CityGlobal RankTotal ScoreAnnual GrowthQuantity ScoreQuality ScoreBusiness Score
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