We are pleased to have acted as legal counsel to 5554 Technologies Inc. on the sale of Bankly, a leading Nigerian microfinance and fintech institution with over 2 million customers and a nationwide agent network of more than 50,000.
Bankly is known for its pioneering role in digitising informal savings and deepening financial inclusion within Nigeria’s informal economy. The acquisition was completed by C-One Ventures Platform, a Nigerian investment firm focused on technology and finance.
This milestone ensures the continued realisation of Bankly’s vision to provide accessible, inclusive financial solutions to Nigerians.
We are proud to have provided strategic legal guidance throughout this transaction. The deal was led by Adeleke Alex-Adedipe, Managing Partner, with key support from Tomiwa Ogunbanwo, Managing Associate, alongside Associates Chukwuebuka Okoli-Akirika and Grace Ama. We remain committed to facilitating transactions that advance innovation and economic growth both within Nigeria and across global markets.