Startups
At Sparkle, we are building a tribe of like minded people to create a market place that makes it easy to achieve business outcomes. We believe we can make your life better by offering you freedom, trust and transparency as you navigate the complex market place. To do so, our vision is "To be the foundation stone of our customer's businesses". So...what do you want to do today?
Overview
Location
Nigeria, Lagos State, Lagos
Employees
11-50
Total raised
$3.1M
Founded date
2019
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 19
| Date | Title | Description |
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| Sep 3, 2024 | The Future of Workforce Development: A Call to Action for Entrepreneurs | In a world where change is the only constant, upskilling has become the lifeline for businesses. The European Commission is pouring millions into workforce development, aiming for 540 million adult training activities by 2025. This initiati... |
| Sep 2, 2024 | Sparkle partners with Moonshot by TechCabal to make wealth creation accessible for Nigerians | Sparkle MFB has partnered with TechCabal as a platinum sponsor for the 2024 Moonshot by TechCabal conference. TechCabal’s annual conference is an opportunity for key players in the African tech ecosystem to engage in conversations promoting... |
| Apr 30, 2024 | I am betting on banking, not fintech | This article was contributed to TechCabal by Uzoma Dozie. I am going to do banking, but better. The vast majority of our current crop of African fintechs claim to make banking easier—banking the unbanked/underbanked, etc. But there are limi... |
| Jan 18, 2024 | “The masses are expensive to serve”: Why Sparkle is betting on affluent banking | Nigeria’s retail banking market is dominated by traditional banks valued at trillions of Naira and fintechs with deep war chests, but Sparkle MFB, a digital bank that provides financial, lifestyle, and business support services to Nigerians... |
| Dec 20, 2023 | Sparkle MFB set to launch its lending product | It’s been a tough economic year and everyone has had to make financial adjustments. The price of goods has increased exponentially with Nigeria’s headline inflation number reaching 27.33% in October this year. A full tank of fuel for a car ... |
| Nov 27, 2023 | How Nigerian female entrepreneurs can succeed by using Sparkle Business | When Isioma decided to start her clothing business, she was overwhelmed and didn’t know where to begin. “I was very new to this and didn’t even know how to market anything,” she tells us. She had a little capital and a plug for thrift cloth... |
| Mar 14, 2022 | Top 10 microfinance banks in Nigeria | --> --> Information available on the CBN website shows that there are about 916 licensed microfinance banks in Nigeria. These banks provide essential financial services (such as savings, lending, domestic fund transfers, etc.) to low-... |
| Dec 8, 2021 | Techpoint Awards 2021: And the nominees are… | Share this article: [Updated on December 15, 2021]: Payourse requested to be removed as a finalist in The Most Outstanding Crypto Exchange category. [Updated on December 14, 2021]: The Most Outstanding Logistics Startup 2021 was renamed Mos... |
| Oct 15, 2021 | Why Uzoma Dozie’s Sparkle had only Nigerian investors in $3.1m funding round | Sparkle, a mobile-based digital bank that provides a combination of financial, lifestyle, and business support services to Nigerians, on Thursday, announced a $3.1 million seed fundraise from entirely Nigerian investors. The round, which wa... |
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FAQ about Sparkle Nigeria
When was Sparkle Nigeria founded?
Sparkle Nigeria was founded in 2019.
How much funding has Sparkle Nigeria raised?
Sparkle Nigeria has raised $3.1M in total across 1 funding round.
What has the press written about Sparkle Nigeria?
Parsers VC has collected 19 articles mentioning Sparkle Nigeria, among them “The Future of Workforce Development: A Call to Action for Entrepreneurs” (Sep 3, 2024) and “Sparkle partners with Moonshot by TechCabal to make wealth creation accessible for Nigerians” (Sep 2, 2024).
Is Sparkle Nigeria still active?
Yes, Sparkle Nigeria is active; its latest activity on Parsers VC dates from Jan 24, 2025.