Only once have Nigerian fintech startups raised more than $1 billion in a single year

In the past five years, Nigerian Fintech startups have received the most funding in the startup space, with over $1.01b raised in 2021, the highest in 14 years. Funding for the sector has since reduced following the raise in 2021.
Source:
Intelpoint
Period:
2010 - 2023
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