Nigerian Startup Funding Report 2020

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Nigerian tech startups raised $120.6 million in 2020, with Financial Services providers accounting for more than half of the amount.
  • More than 100 investors (individuals and institutions) participated in funding rounds of over 50 Nigerian tech startups in 2020
  • The Financial Services services sector got the biggest share of the total funding for the year
  • As with 2019, Financial Services providers got the highest funding round for the year
  • Fifteen startups raised at least a million dollars each in 2020
  • Year-on-year analysis and trends
  • Details of featured startups
  • Foreward
  • Executive Summary
  • Highlights
  • Funding landscape
    • Industry share of funding
    • Share of funding by industry over the years
    • Funding Rounds: Amount raised vs number of deals
    • Total annual funding vs deals over the years
    • Share of deals over the years
    • Share of funding by investor location
    • Share of funding by investor location over the years
    • Top deals of the year
    • Ranking of investors that participated in more than two rounds
  • Trends
    • Financial Services
    • Funding for Financial Services providers over the years
    • Healthcare
    • Funding for Healthcare startups over the years
    • Online Retail
    • Funding for Online Retail startups over the years
    • Mobility & Logistics
    • Funding for Mobility & Logistics startups over the years
  • Featured startups
  • Featured funders
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Report highlights
Nigerian tech startups raised $120.6 million in 2020, with Financial Services providers accounting for more than half of the amount.
Year Published: 2021
Pages:47
Document Type:PDF
Languages:English
Price: Free
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