Fractional CFO services in Lagos

Lagos is the world's fastest-growing major tech ecosystem according to the Dealroom Global Index 2025, with startup enterprise value up 11.6x since 2017 and the city's tech sector attracting over $6B in cumulative venture investment since 2019.

The city has produced five unicorns - Interswitch, Flutterwave ($3B), OPay, Moniepoint and Jumia - with Paystack's $200M Stripe acquisition the continent's most-cited fintech exit. Nigeria's 220M population and a 67% financially underserved adult base remain the structural engine of fintech deal flow.

We work with Lagos-based startups from seed to Series B+, supporting them on financial modelling, FP&A, investor reporting, cap table management and fundraise prep.

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Lagos startup ecosystem

What makes Lagos's startup ecosystem distinct - sector concentrations, innovation geography and the structural macro tailwinds that have made it Africa's fastest-growing venture market.

World's fastest-growing major tech ecosystem

Dealroom's 2025 Global Tech Ecosystem Index named Lagos the number-one fastest-growing emerging tech hub globally, ahead of Istanbul and Mumbai. The city's tech sector generated $15.3B in enterprise value and drew $6B+ in cumulative venture capital since 2019. Five unicorns - Interswitch, Flutterwave, OPay, Moniepoint and Jumia - anchor the city's position as Africa's largest venture market by deal volume and capital deployed.

Fintech accounts for 40% of all tech activity

Nigeria's financial inclusion gap - 67% of adults unbanked or underbanked - has produced Africa's deepest fintech founder pipeline. Paystack (Stripe-acquired, $200M), Flutterwave ($3B valuation), Kuda (neobank, $55M Series B), Bamboo (retail investing), Cowrywise (savings), Carbon (credit), FairMoney (lending) and Moniepoint (merchant banking) are all Lagos-rooted. Payments infrastructure, SME credit, savings and insurance dominate deal flow.

Yabacon Valley, Victoria Island and Lekki

Yaba - dubbed Yabacon Valley - is Lagos's original startup cluster, home to Co-Creation Hub (CcHUB), Ventures Platform Hub and the University of Lagos. Victoria Island is the commercial fintech corridor, housing most institutional VC offices and the Nigeria operations of global banks. Lekki has emerged as a newer tech-company campus belt. The Itanna hub (Honeywell Group) provides enterprise-startup bridge infrastructure.

University of Lagos, Covenant and Babcock talent pipeline

The University of Lagos (UNILAG) in Yaba is the city's primary engineering and computer-science feeder. Covenant University in Ota (50km from Lagos) and Babcock University in Ilisan produce a large proportion of Lagos's product, engineering and finance graduate talent. The city's substantial base of ex-Andela engineers - trained to international standard and distributed globally - creates a reverse talent pipeline back into Lagos-based companies.

Active venture investors in Lagos

Lagos's investor landscape runs from pre-seed micro-funds to pan-African growth funds. These are the most active institutional and early-stage investors backing Lagos-based founders at seed through Series B.

Future Africa

Future Africa is a Lagos-anchored early-stage fund and community, founded by Iyinoluwa Aboyeji (co-founder of Andela and Flutterwave). Has made 100+ investments deploying $10M+ into high-growth startups including Moove, Migo, Mono and Remedial Health. Operates a founder community model that combines capital with peer networks and operator mentorship.

Ventures Platform

Ventures Platform is a Lagos-based seed and early-stage fund managing $46M across two funds. Invests $250k–$1M in fintech, healthtech and consumer tech across Nigeria and broader Africa. Portfolio includes Mono, Edukoya, Healthtracka and Sabi - with a strong track record of Series A follow-ons from Partech, IFC and Tiger Global.

Microtraction

Microtraction is Lagos's leading pre-seed fund, investing $100K for 7% equity in tech-enabled startups. Founded in 2017 and one of the most active investors in Nigeria by deal count. Provides optional follow-on capital up to $350K. Portfolio spans fintech, logistics, agri-tech and SaaS - with several exits into Ventures Platform and international follow-on rounds.

EchoVC

EchoVC is a pan-African seed and Series A fund with strong Lagos deal flow. Backed by international LPs and focused on fintech, media and enterprise technology. Has co-invested alongside Andreessen Horowitz and Tiger Global in Nigerian portfolio companies, bringing international credibility to its early picks.

GreenHouse Capital

GreenHouse Capital is a Lagos-based early-stage VC investing in African fintech and financial infrastructure. Known for backing Paystack before its Stripe acquisition and for an operator-heavy investment team with deep financial services sector networks. One of the most credentialed early-fintech investors on the continent.

Co-Creation Hub (CcHUB)

CcHUB is Nigeria's oldest and most connected innovation hub, founded in 2011 in Yaba. Alongside its growth-capital arm - Growth Capital by CcHUB - it invests in startups graduating from its incubation programmes. Portfolio includes BudgIT, Lifebank and Ushahidi. CcHUB has direct relationships with most major West African VCs and international DFIs including USAID and GIZ.

Lagos startups that have set the benchmark

These Lagos-founded companies represent the city's venture depth - from Africa's defining fintech exits to credit infrastructure, retail investing and SME banking.

Flutterwave

Flutterwave is Lagos's highest-valued private company, processing payments across 34 countries through its API-driven infrastructure. Founded in 2016 by Olugbenga Agboola and backed by Tiger Global, Avenir Growth and Y Combinator at a $3B valuation. Flutterwave's cross-border payment rails underpin a large proportion of Nigeria's e-commerce and diaspora remittance flows.

Paystack

Paystack was acquired by Stripe in 2020 for approximately $200M - Africa's most prominent fintech exit. Founded by Shola Akinlade and Ezra Olubi in 2016 from the Yaba ecosystem, Paystack provided payment processing infrastructure for 60,000+ Nigerian merchants before its acquisition demonstrated the global appetite for African fintech infrastructure.

Kuda

Kuda is Nigeria's leading neobank, offering zero-fee current accounts, instant savings and credit products to Nigeria's mobile-first banking population. Founded in Lagos in 2019, raised $55M Series B from Valar Ventures (Peter Thiel's fund) at a $500M valuation - one of Africa's fastest neobank scale-ups.

Bamboo

Bamboo is a Lagos-founded retail investment platform enabling Nigerians to invest in US and Nigerian equities from their smartphones. Founded in 2019, raised $15M Series A from Greycroft. Part of the Lagos fintech cohort - alongside Risevest and Cowrywise - that has built Africa's emerging retail investing infrastructure.

Moniepoint

Moniepoint became Africa's eighth unicorn in October 2024 after raising $110M Series C. The Lagos-based company provides business banking, point-of-sale infrastructure and working-capital credit to Nigeria's 40M+ informal merchants. Processes more POS transactions in Nigeria than any other provider - a dominant B2B financial infrastructure position.

Carbon

Carbon (formerly Paylater) is one of Lagos's oldest digital credit fintechs, founded in 2012, providing instant personal and SME loans via a fully digital underwriting engine. Backed by Flourish Ventures and Trinity Ventures, Carbon has disbursed over NGN 100B in credit and has expanded into payments, bill payments and investment products - a full-stack digital bank.

Simple pricing

No hidden costs, no complicated long-term contracts. We understand how important flexibility is for Lagos startups.

Core£4,000

Per month

Accounting / FP&A tech stack implementation
Monthly financial statements and reporting pack
Quarterly board pack with detailed financial analysis (with variance analysis vs. budget, relevant KPI observations etc.)
Investor-friendly output

Grow£8,000

Per month

Everything in Core, plus
Operating model (via an online platform like Runway or Excel-based)
Ongoing model maintenance, refining projections, burn/runway management
Customer cohorts modelling, churn and retention analysis
LTV / CAC, unit economics analysis
Cap table management

Pro£12,000

Per month

Everything in Grow, plus
M&A / fundraising support; review of business plan
Pitch deck preparation
Investor approach strategy / list building
Due diligence support and deal negotiation
Valuation as required and free access to Multiples Pro

Packages shown are illustrative, final pricing is tailored to client requirements.

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Got questions?

Schedule a call ordrop us an email to learn more about our CFO-as-a-service, capital raising and M&A advisory offering.

Unlike old-school financial advisory firms that are stuck in the past, we truly understand tech and challenges startups face. Decades of investment banking experience allow us to see bigger picture, strategically integrate into your workflows, and ultimately provide guidance towards an M&A exit or the next funding round.

Fractional CFO services in Lagos

Lagos startup ecosystem

World's fastest-growing major tech ecosystem

Fintech accounts for 40% of all tech activity

Yabacon Valley, Victoria Island and Lekki

University of Lagos, Covenant and Babcock talent pipeline