Fintech app development in Lagos
Fintech that passes compliance and wins users
Wallets, lending and savings apps from the team behind v1 of AjoMoney, Zabira and Grip, with KYC and regulator rules built in from sprint one.
00/05 Next: KYC
Nigerian fintech has never been more funded, or more regulated
Investors are back, but regulators have raised the bar. In 2026 the products that win are the ones built to be compliant from day one, not patched after a letter from the regulator.
Aitechma is a fintech app development company in Ikeja, Lagos. We build wallets, lending, savings and digital-asset products with BVN/NIN KYC, Paystack and NIBSS integrations, and CBN, FCCPC and SEC requirements built in. Our team worked on v1 of AjoMoney, Zabira and Grip. Fintech MVPs typically start from $15,000 and launch in 10–14 weeks.
- 21 Jul 2025
FCCPC lending rules in force
Every digital lender must register; new entrants before launch.[7]
- 5 Jan 2026
DEON registration deadline
Unregistered loan apps face sanctions up to NGN 100M or 19% of turnover.[7]
- 16 Jan 2026
SEC raises the bar for crypto
New VASP licence categories and higher minimum capital.[5]
- 26 Jan 2026
CBN upgrades fintech licences
OPay, Moniepoint and other large fintechs and MFBs move to national status.[8]
- 15 Jun 2026
CBN data localisation circular
Payment data generated in Nigeria must stay in Nigeria.[3]
- 1 Jan 2027
Localisation deadline
Banks, fintechs, MMOs and PSPs must comply.[3]
The fintech products we build
Each one is designed around the licence you hold (or the partner bank you use), Nigerian payment rails and how Nigerians actually use money.
Digital wallets & payments
Multi-currency wallets, P2P transfers, virtual accounts, bill payments, airtime and cards, on top of a double-entry ledger that always balances.
Lending & credit
Loan origination, credit scoring, repayment collection and lender dashboards, with DEON-compliant consent, disclosures and fair collection flows.
Savings, ajo & thrift
Group savings circles, target savings and community credit. We helped take this model digital with AjoMoney.
Crypto & gift card platforms
Trading, rates engines, custody integrations and payouts, architected for the SEC's VASP regime.
SME finance & marketplaces
Loan marketplaces, invoice financing and pre-qualification flows like the matching engine we built for CredSol.
Data localisation migration
Move payment data and workloads to Nigerian hosting before the CBN's January 2027 deadline, without downtime.
See the migration plan →
Fintech products our team helped bring to life
From Lagos to users across Africa. These are the products, our role, and what they went on to do.
300,000+users across AfricaZabiraFintech · Digital assets
A multi-currency wallet for crypto, gift cards and utility payments.
Our role: Led the v1.0 web and mobile build, plus UI design
100,000+downloadsGripFintech · Gift cards
Gift card trading, crypto and bill payments in one app.
Our role: v1.0 web and mobile development plus UI design
Billionsof naira in transaction volumeAjoMoneyFintech · Savings
Nigeria's rotating group savings (ajo), rebuilt for mobile, with zero-interest community credit, P2P transfers and bill payments.
Our role: v1.0 development and technical advisory alongside the founding team
Minutesto pre-qualify an SME for the right lenderCredSolFintech · SME lending
A loan marketplace that pre-qualifies SMEs in minutes and matches them with the right lenders.
Our role: Built the platform: AI-assisted matching, borrower and lender dashboards, loan calculator
From licence to live, without surprises
A fixed sequence, so you always know what's next and what it costs.
Regulatory scoping
We map your licence (or partner bank) to features, so we never build something you aren't allowed to offer.
Architecture & ledger design
Double-entry ledger, reconciliation, idempotent payments and audit trails, decided before UI.
Design for Nigerian users
86% of smartphone users are on Android[6], so we design for low-end devices, patchy data and trust cues that reduce drop-off at KYC.
Build in weekly demos
Working software every week, milestone payments tied to what you can see.
Security & compliance checks
Penetration testing, data protection (NDPA) review and go-live checklists before launch.
Launch & first revenue
App store release, monitoring, and a go-to-market sprint to get your first paying users.
Built on the platforms Nigerian money actually moves through
We've integrated these providers before, so your launch doesn't wait on us learning their APIs. Underneath sits a regulation map we design against from day one.
MastercardLogos show platforms we build on. They don't imply partnership or endorsement.
Features mapped to your licence or partner bank, payment data hosted in Nigeria, full audit trails.
Registration-ready lending apps with consent, clear disclosures and fair-collection flows.
Custody, trading and reporting built to fit the licence category you apply for.
Data protection impact assessments, consent records and controls on cross-border transfers.
What a fintech build costs
Prices depend on licence scope, integrations and platforms. These are typical starting points for our Lagos team.
| Engagement | From | Typical timeline |
|---|---|---|
| Fintech MVP (wallet, lending or savings) | $15,000approx. NGN 23M | 10–14 weeks |
| Fintech v1 with admin, compliance and audits | $35,000approx. NGN 53M | 16–24 weeks |
| Data localisation readiness assessment | $2,500approx. NGN 3.8M | 1–2 weeks |
| Migration to Nigerian hosting | $12,000approx. NGN 18M | 4–8 weeks |
Indicative starting points. Your fixed quote follows a free scoping call. Get an instant estimate →
A partner, not a vendor
- A partner after launchWe stay for the first users and the first revenue: monitoring, fixes, growth experiments and advice.
- Milestone paymentsYou pay in stages tied to working software you can see, never 100% upfront.
- You own the codeSource code and IP are yours, in writing. We sign an NDA before you share the idea.
- A team you can visitEngineers, designers and product managers in Ikeja, Lagos, with full overlap with UK and EU hours and a daily window for US teams.
- Weekly demosA working build every week and one point of contact, so you're never chasing updates.
- Senior judgementWe'll tell you what not to build yet. Architecture and scope advice is part of the job.
Questions founders ask us
A focused fintech MVP (wallet, lending or savings) with KYC, payments and an admin dashboard typically starts from $15,000 and takes 10–14 weeks. A full v1 with compliance work, audits and multiple platforms usually starts from $35,000. You get a fixed quote after a free scoping call.
We are engineers, not lawyers. We work alongside your legal counsel and build what the rules require: consent and disclosure flows for FCCPC's digital lending regulations, data localisation for the CBN's 2027 deadline, audit trails, KYC levels and reporting. We can also introduce you to fintech lawyers we've worked with.
Yes. We regularly integrate payment gateways (Paystack, Flutterwave), virtual accounts and bank transfers, and identity providers for BVN, NIN and liveness checks such as Dojah, Prembly and Smile ID. We choose providers based on your licence, costs and coverage.
Our team worked on v1 of AjoMoney (digital ajo savings with community credit), Zabira (a crypto, gift card and bills wallet now serving 300,000+ users), Grip (gift card trading, 100,000+ downloads) and CredSol (an SME loan marketplace), and supported Tyms (AI accounting).
Yes. We build the Nigerian side of your product: local payment rails, NIBSS and bank integrations, BVN/NIN KYC and in-country data hosting, with a team in Ikeja that works with UK, EU and US hours.
You do. Source code and IP transfer to you under the contract, and we sign an NDA before you share your idea.
Building a fintech product? Let's scope it properly.
Tell us your licence or partner bank, your users and your launch date. You'll get a straight answer on scope, cost and timeline.
Hi Aitechma, I'm building a fintech product and would like to discuss it.
References
- Serrari Group / Africa: The Big Deal. Nigeria reclaims Africa's startup funding lead in 2026 (Oct 2026)
- Nairametrics. Instant loans dry up as FCCPC rules force lenders toward safer borrowers (Sep 2026)
- Nairametrics. CBN mandates banks, fintechs to store payment data in Nigeria (Jun 2026)
- Central Bank of Nigeria. CBN Fintech Report 2026 (2026)
- Mondaq. Higher capital thresholds and new VASP licences: SEC January 2026 circular (Jan 2026)
- KPMG & Orange. Nigeria Smartphone Study (Sep 2026)
- Nairametrics. Loan apps: 521 companies now on FCCPC's radar as January deadline lapses (Jan 2026)
- Nairametrics. CBN upgrades OPay, Moniepoint, other major fintechs and MFBs to national status (Jan 2026)
- Mondaq. Beyond licensing: the new face of fintech compliance under the NDPA, GAID and CBN guidelines