About Bankly
Bankly is a Financial Services company based in Lagos (Nigeria) founded in 2018 by Tomilola Adejana, and was acquired by C-One Ventures in March 2025. Cash digitization solutions for payments. Bankly has raised $2.25 million across 2 funding rounds from investors including Plug and Play Tech Center, VANSO International and Rising Tide Africa. Its chief executive, as recorded, is Tomilola Adejana. Its website bankly.ng draws about 10 thousand monthly visits. Its focus areas include FinTech, Payments, Consumer Payments and Vertical Payments. Its competitors include NowNow, Tingtel and Aimtoget; 1 of its 3 listed competitors has raised funding.
Company details
Bankly provides cash digitization software for individuals and businesses. It enables users to fund wallets with Bankly Paytoken and vouchers. It facilitates offline cash collection and peer to peer transactions. Also features Merchant Portal for tracking financial transactions.
- Total Equity Funding$2.25M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Seed
Mar 2021
- InvestorsPlug and Play Tech Center
& 4 more
- Acquired byC-One Ventures
(Mar 2025)
Funding Insights of Bankly
Bankly has successfully raised a total of $2.25M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.25M
- Total Rounds 2
- Last Round Seed — $2M
- First Round $250,000
(Jun 2019)
- Investors Count 4
All 2 funding rounds of Bankly with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $2M | Seed | – | Plug and Play Tech Center, Rising Tide Africa | – |
| Jun 2019 | $250,000 | Seed | – | VANSO International | – |
5 investors in total: 5 institutional.
Investors in Bankly
Bankly has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, VANSO International and Rising Tide Africa.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
Rising Tide Africa is focused on empowering women investors and entrepreneurs in Africa. | risingtideafrica.com | Lagos, Nigeria | ||
The Chrysalis Capital is focused on investments in emerging markets. | thechrysaliscapital.com | Lagos, Nigeria | ||
Omnichannel banking and payments solutions are delivered across Africa. | 2005 | vanso.com | Lagos, Nigeria | |
| coneventures.tcc.mode |
Investor details for Bankly
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Bankly
5 people are tracked at Bankly (2 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Tomilola Adejana | Co-Founder & CEO | Leadership |
Valentine Ofili | Chief Technology Officer | Leadership |
Michael Oguche CCA, CHRMP, SPHRi | Human Resources Manager | Team |
Ediclea Miranda | Data Strategy & BI Manager | Team |
Olorundara Komolafe | Lead Software Engineer | Team |
Complete people profiles for Bankly
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Bankly
4 dated milestones of Bankly across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Bankly is founded.
- Funding First funding round of $250K.
- Funding Latest funding round, Seed, of $2.0M.
- Exit Acquired by C-One Ventures.
Competitors of Bankly
Bankly has 3 listed competitors in our database, 1 of them funded. They include NowNow, Tingtel and Aimtoget.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nownow.ng | 2015 | Lagos, Nigeria | $13M | Mobile-based wallet for businesses and individuals | ||
| tingtel.com | 2012 | Lagos, Nigeria | App-based platform for airtime payments | |||
| aimtoget.com | 2016 | Nigeria | Offers a mobile app for seamless utility bill payments. |
Detailed competitors of Bankly
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Bankly
The website of Bankly (bankly.ng) receives about 10.1K visits a month.
- Monthly visits10.1K
▲ 146.7% vs previous month
Websites whose visitors overlap most with Bankly. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
technext24.com | technext24.com | 100% | #253,648 | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Bankly
Complete news archive for Bankly
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bankly
Bankly was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Bankly is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Tomilola Adejana is the CEO of Bankly, as recorded in our data. They have also founded this company.
Bankly is a funded company, having raised a total of $2.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Jun 2019.
Bankly provides cash digitization software for individuals and businesses. It enables users to fund wallets with Bankly Paytoken and vouchers. It facilitates offline cash collection and peer to peer transactions. Also features Merchant Portal for tracking financial transactions.
Bankly has 5 investors. Key investors include Plug and Play Tech Center, VANSO International, Rising Tide Africa, The Chrysalis Capital, and C-One Ventures.
Yes. Bankly was acquired by C-One Ventures in March 2025.