List of Top Central Bank of Nigeria (CBN) Approved Fintech and Others in Nigeria

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With the information technology revolution in the banking and financial service ecosystem globally, Central Bank of Nigeria, CBN has given license to some financial technological service operators to provide technological solutions in the financial sector of the Nigerian economy. There are about 44 top CBN approved fintech companies operating in Nigeria. There are other fintechs that operate in Nigeria without Central Bank of Nigeria's approval.

Some of these fintechs are  payment service banks, some are payment  service agents, peer-to-peer payment platforms, savings and investment platforms, online payment platforms, interbank settlement system, etc.

We understand that there are many of these fintechs, we only provided list of some of them. If you know or own any fintech that ought to be on this list, do well to contact us.

Payment Service Banks

1. Mastermoney PSB

2. 9 PSB

3. Hope PSB

4.     SmartCash

Interbank Settlement System

5. Interswitch

6. Paystack

International Remittance Operators

7.   Switch

8.  Flatterwaves

Payment Service Agents

9. Opay

10. Momo

ATM Service Providers

11. Verve (Interswitch)

12. Visa

13. Master Card 

Loan Apps/ Platforms

14. Renmoney

15. Fairmoney

16. Pay Day

17. Palmcredit

18. Soko Loan

19. Paylater

20. Chatpay

21. Chipper Cash

22. NaijaFund

23. Okash

24. Branch

Payment Wallets

25. Paga

26. Quickteller

27. Carbon

28. Arear  Ticket

29. eTranzact

30. Vogue Pay

31. KudiMoney


33. E-Ranzact

34. Remita

35. Kolopay

Savings & Investment Platforms

36. PiggyVest

37. Cowrywise

38. Payvest

39. I-invest

40. Kuda Bank

41. Bank with Mint

42. Farm Crowdy


44. Sumo Trust

There you have it!
Some of these fintech operators perform more than one function, it is  therefore necessary for you to visit their sites to know all the services they offer.

NOTE: this publication doesn't in anyway amount to endorsement of any of these fintechs except PiggyVest because I have been using it for years. You take responsibility for transaction you do with them.

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