What happened to Lazerpay, Pivo Africa and 3 other Nigerian Fintech startups?

Legit.ng | 19-10-2026 11:47am |

Five Nigerian fintech startups, including Lazerpay and Pivo Africa, shut down between 2023 and 2025 despite having investor backing. Their closures illustrate how funding, regulation and weak demand threaten the survival of such ventures.

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