About RIGO Microfinance Bank
RIGO Microfinance Bank is a Financial Services company based in Lekki (Nigeria) founded in 2017, and was acquired by NucleusIS Africa in December 2024. Microfinance services are provided to individuals and MSMEs in Nigeria. Its chief executive, as recorded, is Adolphus Abraham. Its focus areas include Banks, Special Purpose Banks and Microfinance Banks. Its competitors include AB Microfinance Bank Nigeria, VFD Microfinance Bank and Kenechukwu Microfinance Bank.
Company details
RIGO Microfinance Bank was established in 2017 and is headquartered in Lekki, Nigeria. Operations focus on the financial sector, where banking services tailored for individuals and micro, small, and medium enterprises are delivered. Core offerings include loans, savings accounts, and other microfinance products to support economic activities in the region. Leadership is provided by CEO MD Adolphus Abraham.
- Headquarters Lekki, Nigeria
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website rigomfb.com
- Social LinkedIn Instagram
- Acquired by NucleusIS Africa (Dec 2024)
- Investors
- Acquired byNucleusIS Africa
(Dec 2024)
Investors in RIGO Microfinance Bank
RIGO Microfinance Bank has secured backing from 1 investor. Prominent investors backing the company include Nucleusis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology and finance infrastructure is provided for Africa's healthcare industry. | nucleusisafrica.com | Lagos, Nigeria |
Investor details for RIGO Microfinance Bank
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People of RIGO Microfinance Bank
1 people are tracked at RIGO Microfinance Bank (1 in leadership).
| Name | Role | Group |
|---|---|---|
Adolphus Abraham | CEO & MD | Leadership |
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Timeline of RIGO Microfinance Bank
2 dated milestones of RIGO Microfinance Bank across 7 years, from founding to its latest funding, stage changes and deals.
- Founded RIGO Microfinance Bank is founded.
- Exit Acquired by NucleusIS Africa.
Competitors of RIGO Microfinance Bank
RIGO Microfinance Bank has 3 listed competitors in our database. They include AB Microfinance Bank Nigeria, VFD Microfinance Bank and Kenechukwu Microfinance Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ab-mfbnigeria.com | 2008 | Lagos, Nigeria | Financial products are offered to micro, small, and medium enterprises. | |||
| vfdbank.com | 2016 | Lagos, Nigeria | Operates as a microfinance bank offering accessible financial services to individuals. | |||
| kenechukwumfb.com | 2007 | Nsukka, Nigeria | Operates as a microfinance bank providing financial services. |
Detailed competitors of RIGO Microfinance Bank
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Web traffic of RIGO Microfinance Bank
The website of RIGO Microfinance Bank (rigomfb.com) receives about 1.3K visits a month.
- Monthly visits1.3K
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Related news about Rigo Microfinance Bank
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Frequently Asked Questions about RIGO Microfinance Bank
RIGO Microfinance Bank was founded in 2017.
RIGO Microfinance Bank is headquartered in Lekki, Nigeria. It is registered at Lekki, Lagos, Nigeria.
Adolphus Abraham is the CEO of RIGO Microfinance Bank, as recorded in our data.
RIGO Microfinance Bank was established in 2017 and is headquartered in Lekki, Nigeria. Operations focus on the financial sector, where banking services tailored for individuals and micro, small, and medium enterprises are delivered. Core offerings include loans, savings accounts, and other microfinance products to support economic activities in the region. Leadership is provided by CEO MD Adolphus Abraham.
RIGO Microfinance Bank's top competitors include AB Microfinance Bank Nigeria, VFD Microfinance Bank and Kenechukwu Microfinance Bank.
RIGO Microfinance Bank has 1 investor. Key investors include Nucleusis.
Yes. RIGO Microfinance Bank was acquired by NucleusIS Africa in December 2024.