Riby Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 36


  • Latest Deal Type
  • Seed

  • Latest Deal Amount
  • $100K

  • Investors
  • 9

Riby General Information


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

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Corporate Office
  • Block G, House 4
  • Moore Road, Yaba
  • Lagos, 101245
  • Nigeria
+234 01 000 0000

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Riby Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Seed Round 01-Aug-2020 $100K 00000 00.00 Completed Generating Revenue
6. Seed Round 31-Oct-2018 0000 00000 Completed Generating Revenue
5. Accelerator/Incubator 19-Mar-2018 00000 Completed Generating Revenue
4. Accelerator/Incubator 06-Mar-2018 00000 Completed Generating Revenue
3. Seed Round 01-Mar-2018 $300K $300K 00.00 Completed Generating Revenue
2. Seed Round 14-Oct-2016 $80.96 $80.96 Completed Generating Revenue
To view Riby’s complete valuation and funding history, request access »

Riby Comparisons

HQ Location
Total Raised
Post Valuation
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
00.00 0000-00-00
000000000 00000


r adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna al
000000000 00000000
Lagos, Nigeria
0 As of 0000


consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolo
000000000 00000000
Lagos, Nigeria
00 As of 0000
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Riby Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Esusu.Africa Corporation Lagos, Nigeria 0 0000000000
SmartTeller Corporation Lagos, Nigeria 00
Bankly (Financial Services) Corporate Backed or Acquired Copenhagen, Denmark 0 000000&0
You’re viewing 3 of 3 competitors. Get the full list »

Riby Executive Team (6)

Name Title Board Seat Contact Info
Richmond Oghenedoro Chief Executive Officer, CBO & Managing Partner
Opeyemi Ariyo Chief Tech Officer & Partner
Dayo Kiyesi Chief Growth Officer & Partner
You’re viewing 3 of 6 executive team members. Get the full list »

Riby Board Members (3)

Name Representing Role Since
Dayo Koleowo Microtraction Board Observer 000 0000
Yinka Ogunnubi Self Chairman 000 0000
You’re viewing 2 of 3 board members. Get the full list »

Riby Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Riby Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Kepple Africa Ventures Venture Capital Minority 000 0000 000000 0
Microtraction Venture Capital Minority 000 0000 000000 0
Google for Startups Accelerator/Incubator 000 0000 000000 0
Village Capital Accelerator/Incubator Minority 000 0000 000000 0
EchoVC Partners Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 9 investors. Get the full list »

Riby FAQs

  • When was Riby founded?

    Riby was founded in 2012.

  • Who is the founder of Riby?

    Abolore Salami and Boye Oshinaga are the founders of Riby.

  • Who is the CEO of Riby?

    Richmond Oghenedoro is the CEO of Riby.

  • 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 00.00.

  • What is Riby’s current revenue?

    The current revenue for Riby is 00000.

  • 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 9 investors who have invested in Riby.

  • Who are Riby’s competitors?

    Esusu.Africa, SmartTeller, and Bankly (Financial Services) are competitors of Riby.

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