StartupBlink

795 Top startups in Lagos for August 2026

We rank PalmPay, Boomplay and Phoenix in Lagos along with 792 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.
1st
Moniepoint logo
MoniepointSB Score: 663

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.

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Website
moniepoint.com
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$318.1M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
2nd
Flutterwave logo
FlutterwaveSB Score: 620

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.

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Website
www.flutterwave.com
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$474.4M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)

Total amount:2

Best Startups in Lagos for 2026

1st
PalmPay logo
PalmPaySB Score: 641

PalmPay is a fintech company that offers digital payment services for consumers and merchants.

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Website
www.palmpay.com
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$140M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
2nd
Boomplay logo
BoomplaySB Score: 598

Boomplay is an African-focused music and video streaming platform developed by Transsnet Music Limited. The company offers a freemium model with both free and premium subscription options, providing users access to over 110 million tracks from more than 7.5 million artists. The service is available on web, Android, iOS, and KaiOS platforms, and has established a strong presence across sub-Saharan Africa with offices in Nigeria, Ghana, Kenya, and Tanzania. Boomplay has secured licensing agreements with major record labels including Universal Music Group, Warner Music Group, and Sony Music, enhancing its extensive music catalog. The company is headquartered in Ikeja, Lagos, Nigeria.

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Website
www.boomplay.com
Employee range
101 – 250
Web Traffic (Monthly)
Funding amount
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
3rd
Phoenix logo
PhoenixSB Score: 531

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

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Website
phoenix-browser.com
Employee range
11 – 50
Web Traffic (Monthly)
Funding amount
$100M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
4th
Moove logo
MooveSB Score: 529

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.

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Website
moove.io
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$193.2M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
5th
RelianceHMO logo
RelianceHMOSB Score: 488

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.

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Website
www.reliancehmo.com
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$48.3M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
6th
Chowdeck logo
ChowdeckSB Score: 478

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.

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Website
chowdeck.com
Employee range
101 – 250
Web Traffic (Monthly)
Funding amount
$18.4M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
7th
Autochek logo
AutochekSB Score: 473

Autochek is an automotive technology company that aims to build digital solutions.

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Website
autochek.africa
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$16.5M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
8th
Reliance Health logo
Reliance HealthSB Score: 463

Reliance Health is a nonprofit community mental health agency with a mission to enhance health through mental wellness, including offers community rehabilitation, residential counselling, medication management, education, community outreach, transitional living, housing resource, and individual support.

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Website
www.getreliancehealth.com
Employee range
101 – 250
Web Traffic (Monthly)
Funding amount
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
9th
Mono logo
MonoSB 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.

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Website
mono.co
Employee range
11 – 50
Web Traffic (Monthly)
Funding amount
$30.6M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
10th
Nomba logo
NombaSB Score: 455

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.

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Website
nomba.com
Employee range
101 – 250
Web Traffic (Monthly)
Funding amount
$35M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
11th
Cowrywise logo
CowrywiseSB Score: 448

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.

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Website
cowrywise.com
Employee range
51 – 100
Web Traffic (Monthly)
Funding amount
$3.3M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)

Total amount:423

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.
1st
Cashbuddy logo
CashbuddySB Score: 387

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.

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Website
mycashbuddy.com
Employee range
501 – 1,000
Web Traffic (Monthly)
Funding amount
$193.6M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
2nd
Moove logo
MooveSB Score: 529

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.

View Full Page
Website
moove.io
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$193.2M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
3rd
PalmPay logo
PalmPaySB Score: 641

PalmPay is a fintech company that offers digital payment services for consumers and merchants.

View Full Page
Website
www.palmpay.com
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$140M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)

Total amount:423

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]
1st
Smartcash Payment Service Bank logo

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.

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Website
smartcashpsb.ng
Employee range
10,001+
Web Traffic (Monthly)
Funding amount
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
2nd
Intelics Solutions logo
Intelics SolutionsSB Score: 162

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.

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Website
www.intelics.com
Employee range
5,001 – 10,000
Web Traffic (Monthly)
Funding amount
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
3rd
PalmPay logo
PalmPaySB Score: 641

PalmPay is a fintech company that offers digital payment services for consumers and merchants.

View Full Page
Website
www.palmpay.com
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$140M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)
4th
Moove logo
MooveSB Score: 529

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.

View Full Page
Website
moove.io
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$193.2M
National Rank(Nigeria)
Regional Rank(Western Africa)
Global Rank(Worldwide)

Total amount:795

Explore More Top Startups

Explore the Startup Ecosystem of Lagos

National Rank

(Nigeria)

1st

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Regional Rank

(Western Africa)

1st

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Global Rank

(WorldWide)

70th

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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 Score & National ShareAnnual GrowthQuantity ScoreQuality ScoreBusiness Score
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