Nigerian Fintech Seed Round – B2B Payments Infrastructure

Requirement

A Lagos-based fintech building B2B payments infrastructure for African supply chains is raising a $1.25 million seed round. The company's platform enables suppliers, distributors, and retailers to manage trade credit, process bulk payments, and reconcile accounts across fragmented payment systems. The company has achieved $850,000 in monthly transaction volume with 150+ active business customers across FMCG, pharmaceutical, and building materials distribution. Revenue run rate is $45,000 monthly from transaction fees and SaaS subscriptions. The founding team includes former executives from Nigerian banks and international fintechs with combined 30+ years in payments. We seek angel investors, seed-stage VCs, and strategic investors with fintech or distribution sector expertise. The round includes a lead investor slot with board representation and pro-rata rights. SAFE or priced equity structures are available with standard investor protections. Nigerian B2B payments represent a $200+ billion addressable market with significant digitization opportunity. The company's go-to-market through distribution networks provides capital-efficient customer acquisition compared to direct B2C models. Regulatory relationships are established with CBN sandbox participation. Use of funds includes product development (40%), sales team expansion (35%), and operations/compliance (25%). Target milestones for Series A include $5M monthly transaction volume and $150K MRR within 18 months.