Team Apt, one of Nigeria’s leading fintech companies, has successfully raised over $50 million in its latest funding round. This significant investment is aimed at enhancing the company’s ability to offer expanded credit solutions to individuals and businesses across Nigeria.

The funding round attracted both new and existing investors, demonstrating confidence in Team Apt’s innovative approach to financial inclusion. The company has been at the forefront of providing accessible banking solutions, particularly for Nigeria’s unbanked and underbanked populations.

With this new capital injection, Team Apt plans to scale its operations, bolster its technological infrastructure, and introduce a wider range of credit products. These efforts are expected to foster economic growth by enabling small and medium-sized enterprises (SMEs) to access much-needed financial resources.

The fintech sector in Nigeria continues to thrive, and Team Apt’s success further solidifies the country’s position as a hub for financial technology innovation in Africa.