Company profile
Rigo Microfinance Bank Limited
Rigo Microfinance Bank Limited (Rigo Finance) is a Nigeria-based unit microfinance bank specialising in digital banking and working-capital finance for healthcare businesses. Established in 2017 and operational since May 2018, the bank offers business accounts, transfers, card and point-of-sale payments, collateral-free loans, and inventory-management tools to pharmacies, clinics, hospitals, laboratories, maternity centres, and medical suppliers. Following a complete acquisition by NucleusIS Africa Limited in December 2024, Rigo Microfinance Bank was integrated into the RIGO branded-house as Rigo Finance, alongside Rigo Tech. The bank currently operates a digitally led model supported by a Lagos office and states that its healthcare financing is available across Nigeria’s 36 states.
- Sector
- Financial services / Microfinance Institutions
- Markets
- Nigeria
- Founded
- 2018
- Ownership
- Private
- Stage
- SME
- Employees
- 51-200
- Business model
- B2B Financial Services, Transactional, Subscription
Products and services
Rigo Business Account, Rigo Collateral-Free Loans, Rigo Payments, Rigo POS, Rigo Cards & Rigo Inventory Management
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 9 Jul 2026 | Renew Capital invests in Rigo's operations in Nigeria and Ghana | Venture Capital | Undisclosed | Nigeria |
Source: Partner Researchers.