Migo

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Cloud-based platform that allows customers to use loans, make purchases, and withdraw cash without the need for plastic cards


Location: Nigeria
Website: https://www.migo.money/
Sector: Finance
Funding Stage: Series B, M&A,
Total Funding ($m): 20
# of Founders: 3
Founding Year: 2014
Funding Year: 2025
Status: Active
YearAmountStageInvestors
2019$20mSeries BValor Capital Group, The Rise Fund, Velocity Capital
2025$UndisclosedmM&AFirst Ally Capital
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Ekechi Nwokah
Co-Founder & CEO
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Series B $20m
Valor Capital Group, The Rise Fund, Velocity Capital

M&A $Undisclosedm
First Ally Capital



News
https://launchbaseafrica.com/2025/06/10/a-quiet-exit-nigerias-migo-acquired-by-long-time-investor/