The companies in tech industry of Nigeria is booming, as youths innovation begin to increase tremendously.
According to the new CGD report by the World Bank, Nigeria’s ICT sector has grown from less than 2 percent of GDP in 2001 to almost 10 percent in 2018, and over 15 percent in 2020, surpassing South Africa to emerge as a premier investment destination with 55 active tech hubs.
The companies in tech industry of Nigeria has one of the most vibrant tech hubs in Africa creating value and solving age-long problems through technological innovation and inventions.
In Africa, Nigeria has some of the best Mobile Applications Developers, Systems Analysts, Software Developers/Programmers, Web Developers, Development Operations (DevOps) Engineers, Cybersecurity Analysts, Data Analysts, User Interface Researchers, Social Media Managers and other job descriptions within the ecosystem.
The fast growth of the companies in tech industry of Nigeria has positioned Nigeria as the largest tech market on the African continent, with 90 tech hubs and a growing and vibrant customer base.
Over 180 million people (72 percent of the population) now have access to a mobile telephone and internet penetration is projected to reach 65.3 percent in 2025, up from under 2 percent in 2001.
List of Companies in Tech Industry of Nigeria.
Here are the list of Companies in Tech Industry of Nigeria:
1. Paystack
Paystack lets businesses in Africa accept payments by anyone, anywhere in the world via credit card, debit card, money transfer, and mobile money on their websites or mobile apps.
It specializes in the fields of financial services, the internet, and payments. The company was founded in 2015 and headquartered in Ikeja, Lagos.
Paystack offers an online payment platform that makes it easy for merchants to accept electronic payments from customers.
This Privacy Policy is intended to set certain standards across the operations of Paystack Payments Limited.
Paystack currently has more than 60,000 customers, including small businesses, larger corporates, fintechs, educational institutions and online betting companies.
2. Fintech
Fintech is a portmanteau of the terms “finance” and “technology” and refers to any business that uses technology to enhance or automate financial services and processes.
The term encompasses a rapidly growing industry that serves the interests of both consumers and businesses in multiple ways. From mobile banking and insurance to cryptocurrency and investment apps, fintech has a seemingly endless array of applications.
Fintech is one of the companies in tech industry of Nigeria and it is not a new industry, it’s just one that has evolved very quickly.
FinTech Association of Nigeria (FintechNGR) is a self-regulatory, not-for-profit and non-political organization incorporated in Nigeria by the Corporate Affairs Commission CAC and a member of the global body Global Fintech Hubs Federation.
The Association was established to serve as a platform for the development of the financial technology (“Fintech”) industry in Nigeria and to be a forum for the exchange of ideas and dissemination of information by and between various stakeholders in the Nigerian financial technology services industry.
3. Flutterwave
Flutterwave provides the easiest and most reliable payments solution for businesses anywhere in the world.
Flutterwave was founded in 2016 by a team of ex-bankers, entrepreneurs and engineers. Flutterwave decided to provide the award-winning technology core needed to provide businesses all around the world a powerful, reliable and intelligent payments gateway.
Flutterwave have 5 core values that every member of the team lives by, in everything we do. It’s what defines who we are as an organisation.
- We are customer focused.
- We build trust capital.
- We are loyal to one another.
- We communicate respectfully.
- We create and innovate.
Using the Flutterwave API, you can instantly create and manage virtual cards. Cards can be used instantly through mobile wallets and global websites.
As one of the companies in tech industry of Nigeria, Flutterwave take security seriously so every payment made on our platform is 100% secure, even exceeding industry standard.
Flutterwave’s vision is to make it easier for Africans to build global businesses that can make and accept any payment, anywhere from across Africa and around the world.
