Here are the top 5 fintech companies in Nigeria that are estimated to pay their staff the highest salaries on average:
1. Flutterwave
As the largest financial technology company in Africa, Flutterwave offers very competitive compensation packages. Staff can expect to earn well over ₦5 million annually on average, depending on their role and experience.
2. Interswitch
As a pioneering giant in the digital payments space, Interswitch has deep pockets to attract top talent. Annual packages for software engineers and product managers often exceed ₦7 million at this industry leader.
3. PiggyVest
While a bit younger than the above two, this savings-focused fintech is backed by prominent investors. Staff can earn in the ₦4-6 million range on average thanks to PBC funding rounds.
4. Carbon
With its expansion across Africa, this blockchain credit company pays top dollar for skilled professionals. Average salaries hover around the ₦5-8 million mark, plus performance-based bonuses.
5. Paystack
Acquired by Stripe for over $200m, Paystack maintains competitive pay even post-acquisition. Entry-level staff take home above ₦3 million, while experienced hires exceed ₦6 million per year.
These companies have the capital and scale to attract top Nigerian talent with above-market salaries as they disrupt traditional sectors. Compensation will likely grow further as the fintech boom period continues.
