Sigma Pensions

Abuja, Nigeria Founded: 2004 • Age: 22 yrs Acquired By First Guarantee Pension
Pension fund administration services are managed, including contributions and payroll.
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About Sigma Pensions

Sigma Pensions was established in 2004 in Abuja, Nigeria, within the financial services sector. Pension fund administration is handled, encompassing voluntary contributions management, pension payroll processing, RSA fund oversight, retiree fund administration, and defined benefit schemes. Operations focus on regulatory compliance and fund security for clients across the region. Key leadership includes the founder Umaru Modibbo and CEO Dave Uduanu.

  • Headquarter Abuja, Nigeria
  • Founders Umaru Modibbo
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Actis

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    First Guarantee Pension

    & 1 more

    (Oct 25, 2022)

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Funding Insights of Sigma Pensions

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Sigma Pensions

Sigma Pensions has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Actis, First Guarantee Pension and First Ally Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sustainable infrastructure projects are invested in for essential services.
Founded Year Domain Location
A leading financial services group based in Nigeria is operated.
Founded Year Domain Location
Retirement planning and investment management services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Sigma Pensions

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Sigma Pensions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sigma Pensions Comparisons

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Competitors of Sigma Pensions

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sigma Pensions

Frequently Asked Questions about Sigma Pensions

When was Sigma Pensions founded?

Sigma Pensions was founded in 2004.

Where is Sigma Pensions located?

Sigma Pensions is headquartered in Abuja, Nigeria. It is registered at Abuja, Federal Capital Territory, Nigeria.

Who is the current CEO of Sigma Pensions?

Dave Uduanu is the current CEO of Sigma Pensions.

What does Sigma Pensions do?

Sigma Pensions was established in 2004 in Abuja, Nigeria, within the financial services sector. Pension fund administration is handled, encompassing voluntary contributions management, pension payroll processing, RSA fund oversight, retiree fund administration, and defined benefit schemes. Operations focus on regulatory compliance and fund security for clients across the region. Key leadership includes the founder Umaru Modibbo and CEO Dave Uduanu.

Who are Sigma Pensions's investors?

Sigma Pensions has 3 investors. Key investors include Actis, First Guarantee Pension, and First Ally Capital.

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