**TL;DR:** Funding slowed to **$45.9M in Jan 2026** as mega‑rounds disappeared. Investors still back infra, compliance, and B2B rails.Nigeria’s startup funding pace cooled in January 2026, with totals of **$45.9 million**.Source: Nairametrics — http://nairametrics.com/2026/03/03/nigerias-startup-funding-slowed-to-45-9-million-in-january-2026/## The January 2026 funding snapshotFewer outsized rounds; more modest deal sizes.Source: Nairametrics — http://nairametrics.com/2026/02/25/startup-funding-hits-177-1-million-as-top-10-claim-92-49-in-january-2026/## Why the slowdown happenedRates up, FX risk, and VC focus on profitability.Source: Tech in Africa — https://www.techinafrica.com/nigerias-vc-slowdown-normalization-or-warning-sign/## What investors are still backingPayments infrastructure, compliance/KYC, B2B and credit rails.## How founders should adaptExtend runway, tighten pricing, focus on revenue quality.## Alternative capital sourcesDFIs, revenue‑based financing, strategic partnerships.> “Nigeria’s startup funding slowed to $45.9 million in January 2026.” — Nairametrics> http://nairametrics.com/2026/03/03/nigerias-startup-funding-slowed-to-45-9-million-in-january-2026/> “January 2026 saw 28 startups raise $177.10 million… top 10 claim 92.49%.” — Nairametrics> http://nairametrics.com/2026/02/25/startup-funding-hits-177-1-million-as-top-10-claim-92-49-in-january-2026/> “Nigeria was the only top‑four African market to record declining equity funding in 2025.” — Tech in Africa> https://www.techinafrica.com/nigerias-vc-slowdown-normalization-or-warning-sign/**CTA:** Building in Nigeria? KudiCompass breaks down regulation, funding, and market shifts — weekly.
Nigeria Fintech Funding Slowed in 2026 — Why Capital Tightened & How Startups Should Adapt
