Riby

Lagos, Nigeria Founded: 2016 • Age: 10 yrs
Riby is recognized as a cooperative software solution in Nigeria.
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 1 Services tracked
Competitors - Brand Intelligence

About Riby

Riby is a company based in Lagos (Nigeria) founded in 2016 by Boye Oshinaga and Abolore Salami. It operates as a SaaS (Software-as-a-Service). Riby offers products and services including Riby Cobanking.

  • Headquarter Lagos, Nigeria
  • Founders Boye Oshinaga, Abolore Salami
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Riby Cobanking
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Riby

Riby offers a comprehensive portfolio of products and services, including Riby Cobanking.

Primary

Software for managing cooperatives and financial activities.

Funding Insights of Riby

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2018 Amount Seed - Riby Valuation Microtraction
Jun, 2017 Amount Seed - Riby Valuation EchoVC Partners

Investors in Riby

Riby has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Microtraction and EchoVC Partners.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage investments in African tech startups are provided by Microtraction.
Founded Year Domain Location
Tech focused Stage-Agnostic VC Firm investing in Sub-Saharan Africa and North America
Founded Year Domain Location

Investments & Acquisitions by Riby

Investments

Financial Statements - Riby

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Competitors of Riby

Latest news on Riby

Frequently Asked Questions about Riby

Riby was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Riby is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.

Riby is established as a leading cooperative software solution in Nigeria. The platform is designed to support cooperatives by enabling member growth, thrift collection activities, and management of loan disbursement and repayment. It operates within the financial technology sector, providing digital tools to streamline cooperative operations.

Riby offers Riby Cobanking.

Riby has 2 investors. Key investors include Microtraction, and EchoVC Partners.

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