Riby Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 36

Employees

  • Latest Deal Type
  • Seed

  • Latest Deal Amount
  • $100K

  • Investors
  • 10

Riby General Information

Description

Developer of a financial management platform designed to help cooperatives, trade groups, and associations to manage their finances and get access to collateral-free loans. The company's platform helps in automating savings processes, getting high-interest investments, and making payments through a wide variety of efficient payment channels along with a data enumerator and agent network, enabling clients to seamlessly manage their finances effectively with growth potential.

Contact Information

Website
www.riby.ng
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Block G, House 4
  • Moore Road, Yaba
  • Lagos, 101245
  • Nigeria
+234
Primary Industry
Financial Software
Other Industries
Other Financial Services
Vertical(s)
SaaS, TMT, FinTech, Mobile
Corporate Office
  • Block G, House 4
  • Moore Road, Yaba
  • Lagos, 101245
  • Nigeria
+234

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Riby Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Seed Round 01-Aug-2020 $100K Completed Generating Revenue
5. Seed Round 31-Oct-2018 Completed Generating Revenue
4. Accelerator/Incubator 19-Mar-2018 Completed Generating Revenue
3. Accelerator/Incubator 06-Mar-2018 Completed Generating Revenue
2. Seed Round 01-Mar-2018 $300K $300K Completed Generating Revenue
1. Seed Round 14-Oct-2016 $80.96 $80.96 Completed Generating Revenue
To view Riby’s complete valuation and funding history, request access »

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Riby Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a financial management platform designed to help cooperatives, trade groups, and associations to manage the
Financial Software
Lagos, Nigeria
36 As of 2023

Lagos, Nigeria
 

Lagos, Nigeria
 
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Riby Competitors (3)

One of Riby’s 3 competitors is Esusu.Africa, a Corporation company based in Lagos, Nigeria.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Esusu.Africa Corporation Lagos, Nigeria
SmartTeller Corporation Lagos, Nigeria
Bankly Corporation Copenhagen, Denmark
You’re viewing 3 of 3 competitors. Get the full list »

Riby Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Riby Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
Kepple Africa Ventures Venture Capital Minority
Microtraction Venture Capital Minority
Google for Startups Accelerator/Incubator
Village Capital Accelerator/Incubator Minority
EchoVC Partners Venture Capital Minority
You’re viewing 5 of 10 investors. Get the full list »

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Riby FAQs

  • When was Riby founded?

    Riby was founded in 2012.

  • Where is Riby headquartered?

    Riby is headquartered in Lagos, Nigeria.

  • What is the size of Riby?

    Riby has 36 total employees.

  • What industry is Riby in?

    Riby’s primary industry is Financial Software.

  • Is Riby a private or public company?

    Riby is a Private company.

  • What is the current valuation of Riby?

    The current valuation of Riby is .

  • What is Riby’s current revenue?

    The current revenue for Riby is .

  • How much funding has Riby raised over time?

    Riby has raised $465K.

  • Who are Riby’s investors?

    Kepple Africa Ventures, Microtraction, Google for Startups, Village Capital, and EchoVC Partners are 5 of 10 investors who have invested in Riby.

  • Who are Riby’s competitors?

    Esusu.Africa, SmartTeller, and Bankly are competitors of Riby.

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