Nigeria’s startup ecosystem witnessed remarkable growth in 2022, with innovative companies disrupting traditional industries and creating solutions that addressed pressing challenges. From fintech to health tech, logistics to e-commerce, these startups demonstrated resilience, innovation, and scalability, attracting significant investments and expanding their impact across Nigeria and beyond.
Here are the top 10 rising startups that made a mark in 2022:
1. Pastel– Revolutionizing SME finance, Pastel developed digital bookkeeping and financial management solutions for small businesses. By offering easy-to-use accounting tools, the startup helped merchants track expenses, manage inventory, and improve financial transparency.
2. Spleet– A game-changer in Nigeria’s real estate space, Spleet provided flexible and digital rent solutions. The platform enabled users to access short-term and subscription-based rent plans, making housing more accessible in an economy where annual rent payments were a challenge for many.
3. Treepz– Formerly known as Plentywaka, Treepz transformed public transportation and vehicle rental services in Nigeria. With a tech-driven approach to mobility, the company streamlined bookings, improved ride safety, and expanded its operations to new markets.
4. Shuttlers – Addressing the challenges of daily commuting, Shuttlers provided corporate shuttle services and smart mobility solutions. By reducing transportation costs for businesses and individuals, the startup gained traction as an efficient alternative to conventional transport.
5. Clafiya – In the health tech space, Clafiya offered on-demand healthcare services, connecting users with verified medical professionals. The startup bridged the gap between healthcare providers and patients, ensuring easier access to quality medical care.
6. OnePipe – Driving financial inclusion through open banking, OnePipe provided APIs that enabled businesses to embed financial services into their platforms. The startup partnered with fintech firms and traditional banks to simplify payments and banking processes.
7. Remedial Health – Supporting pharmacies and healthcare providers, Remedial Health built a tech-powered supply chain solution that ensured efficient distribution of pharmaceutical products. The startup helped businesses access genuine medications while improving inventory management.
8. Vezzapay – Emerging as a standout fintech startup, Vezzapay focused on providing seamless, affordable, and inclusive financial services. With a mission to empower individuals and businesses, Vezzapay developed secure payment solutions, simplified cross-border transactions, and enhanced financial accessibility for underserved communities. Through strategic partnerships and technological innovation, the startup positioned itself as a key player in Nigeria’s rapidly evolving digital finance ecosystem.
9. Curacel– Leveraging AI to transform the insurance sector, Curacel automated claims processing and fraud detection. By integrating technology into the traditionally slow insurance industry, the startup made claim settlements faster and more reliable.
10. Moove– Disrupting vehicle financing in Nigeria, Moove provided flexible financing solutions for ride-hailing drivers, helping them access vehicles and generate income sustainably. With an asset-backed lending model, the startup expanded its services across multiple African cities.
These rising startups exemplified the strength of Nigeria’s entrepreneurial ecosystem in 2022, proving that innovation and determination could drive impactful solutions despite economic challenges. Vezzapay, along with other fast-growing startups, played a pivotal role in shaping industries and creating new opportunities for individuals and businesses. As the startup ecosystem continues to expand, these companies are set to redefine the future of finance, mobility, healthcare, and commerce in Nigeria and beyond.
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