01
Connect every account
Link each Nigerian bank with read-only access. Balances, income and spending flow into one live dashboard, no manual entry, no spreadsheets.
Investors
The money-clarity layer for everyday Nigeria.
Nigerians bank across three to five apps and still can't answer a simple question: how am I actually doing? Klario unifies every account, adds an AI that understands naira, and turns clarity into action, saving, budgeting, paying, all in one place.
331
Nigerians surveyed across two research waves
92%
use two or more banks, accounts scattered
97%
still track money by hand, or not at all
79%
regularly lose track of where it went
98%
want a single, clear view of their money
What Klario does
Scattered accounts become one clear answer.
Most Nigerians manage money across three to five banking apps and a mental tally. Klario replaces that with a single place to see everything, understand it in plain naira, and act, without exporting a statement or opening another app.
02
Understand it in naira
KlarioAI sorts every transaction and answers the real questions, “where did my money go?”, “can I afford this?”, in language that models how Nigerians actually earn and spend.
03
Act without leaving
Turn clarity into action in the same app: automate savings toward a goal, pay bills and airtime, and get guidance, up to a dedicated human advisor at the top tier.
The opportunity
A huge, financially active market that is financially blind.
Fragmented by default
Multi-banking is the norm, not the exception. No one gives Nigerians a single, honest view of their whole financial life.
Underserved by global tools
Foreign finance apps don't model naira inflation, local bank charges, or how Nigerians actually earn and spend.
The timing is now
Open banking is maturing, KYC rails are live, smartphone penetration is climbing, and AI finally makes real, personal guidance affordable at scale.
Beta insights
We didn't guess the demand. We measured it.
Two research waves with 331 Nigerians, July 2026. The problem is near-universal, the appetite is proven, and no habit stands in the way.
78%
call automatic spend clarity “extremely valuable”
86%
want all their accounts in one view
71%
volunteered to actively test and give feedback
82%
are comfortable connecting a bank to a secure app
34%
named a specific price they would pay
84%
feel anxious about not knowing where money went
- The competition is a habit, not an app: 97% still track manually or from memory.
- The demand is not the bottleneck; trust and execution are, and both are our focus.
- Security is the top objection raised, and read-only access is exactly our answer.
Who answered
The two groups with the most accounts and the least tooling (n = 331)
- Employed132
- Student113
- Business owner41
- Other / unstated30
- Freelancer15
Do they lose track of their money?
79% feel confused about where it went (n = 160)
- Yes, very often64
- Sometimes63
- Rarely29
- Never4
Most-wanted features (in their words)
Every top request is already in Klario's build (n = 171)
- All accounts in one view60
- Save better & hit goals60
- Alerts & reminders57
- Spend less, curb impulse52
- Transactions sorted for me44
- Plain-English advice36
What they'd pay
The largest group pays if it demonstrably saves them money (n = 171)
- If it saves me money62
- Free forever51
- ₦2,500 – 4,00028
- ₦5,500 – 7,00014
- ₦4,000 – 5,50010
- Under ₦2,5003
- Above ₦10,0003
Klario Beta Insights, two waves combined (n = 331 / 160 / 171), July 2026.
Market & willingness to pay
A massive digital market that already pays for apps.
Nigeria is Africa's largest fintech market by users and by transaction volume. The money already moves digitally; what's missing is a layer that makes sense of it, and Nigerians already pay monthly for the apps they value.
$703B
≈ ₦1.07 quadrillion
moved through Nigeria's instant-payment rails in 2024, up 79.6% year-on-year1
64%
of adults
formally financially included in 2023, up from 56% in 20202
5 → 12%
in three years
share of adults using fintech / non-bank financial services more than doubled2
$65B
by 2030
projected African fintech revenue at a 32% CAGR, with Nigeria a top-three market3
The users already exist, at scale4
Single Nigerian fintechs already count tens of millions of accounts, and the average customer holds several. That fragmentation is exactly the gap Klario closes.
40M+
OPay active users
30M+
PalmPay users
430+
fintechs competing for the same wallet
Who we serve, and why they'll pay
Klario's core user is the young, digitally-native Nigerian, students first, then early-career earners, business owners and a premium tier of high-earners. They live on their phones, already juggle three to five finance apps, and are forming the money habits now that compound for decades. We land them early on a free tier and grow with them as their income does.
Students40%
Employed20%
Business owners20%
Affluent (top ~1%)10%
Others10%
- Students are digital-native and habit-forming: win them early and Klario becomes the money app they keep as their income grows.
- Every segment already pays monthly for digital value, data, airtime, streaming, so a subscription is a familiar habit, not a new behaviour.
- Our own beta measured the intent directly: a clear majority said they would pay, at a price we can build a business on.
₦3,250 sits inside a band Nigerians already pay
Across two research waves, 70% of respondents were open to paying for Klario, at a median of ₦3,250 per month. That is not a leap of faith, it sits squarely between the digital subscriptions Nigerians already buy every month.
Spotify Premium5₦1,600 / mo
Klario6₦3,250 / mo
Netflix5₦2,500-8,500 / mo
What that could mean
A deliberately conservative illustration: subscription revenue alone, at the ₦3,250 beta median, before any partnership or referral upside. Even the largest step here is a small slice of a single incumbent wallet's user base.
| Paying members | Subscription ARR | Share of one incumbent's base |
|---|---|---|
| 100,000 | ≈ ₦3.9B / yr | ~0.25% of OPay's users |
| 500,000 | ≈ ₦19.5B / yr | ~1.25% of OPay's users |
| 1,000,000 | ≈ ₦39B / yr | ~2.5% of OPay's users |
Illustrative model, not a forecast: paying members × ₦3,250 × 12 months, subscription-only. Klario is pre-revenue; the board-reviewed projection and its assumptions live in the data room.
- 1.NIBSS instant-payment data, full-year 2024 (reported by Nairametrics & Vanguard, Jan 2025).
- 2.EFInA, Access to Financial Services in Nigeria (A2F) 2023 survey.
- 3.McKinsey, "Fintech in Africa: The end of the beginning"; analyst forecasts to 2030.
- 4.Company disclosures, compiled by Fintech News Africa, 2025-26.
- 5.Published Nigerian subscription pricing (TechCabal, Techloy), 2026.
- 6.Klario Beta Insights, two waves combined (n = 331), July 2026.
The product
Clarity, then action.
Klario starts by making money clear, then turns that clarity into the everyday actions people actually need, all in one app.
Unified dashboard
Every Nigerian bank account, one live view of balances, spending and net worth.
KlarioAI advisor
An AI that speaks naira. "Can I afford this?" gets a real answer, not a generic tip.
Smart savings
Set a goal; Klario funds a dedicated savings wallet automatically on schedule.
Bill payments
Airtime, data, electricity and more, paid in-app with no redirects.
Human financial manager
Top-tier users get a dedicated human advisor with a personal plan and monthly calls.
Business model
Recurring revenue, with room to compound.
Subscriptions
A free tier for reach, and two paid tiers, Money Manager and Financial Executive, for households and power users who want automation and a human advisor. The core paid tier is priced inside the ₦2,500-4,000 band our beta community said they would pay (median ₦3,250), with the free tier as the on-ramp.
Partnerships
Distribution and product partnerships with regulated financial institutions that want to reach engaged, verified, financially active users.
Referrals
Warm, permissioned introductions to vetted savings and investment products, on the user's terms.
Klario is not a bank and never custodies funds. Regulated money movement is carried out by licensed partners on the user's instruction, so the model scales without Klario taking on banking-license risk directly.
How it earns
Freemium, sold as one-time upgrades, trust-first by design.
Three tiers, sold as one-time payments rather than silent auto-renewals. Higher tiers unlock more linked banks, more KlarioAI, and priority support, and the business-versus-personal engine pulls SME users toward paid plans.
~80
local spending contexts the engine recognises (jollof, Uber, DSTV, FIRS, and more)
30%
company tax rate that mis-booked personal spend is needlessly exposed to
Read-only
no money-movement licence, capital, or fraud liability on Klario today
| Capability | Free | Money Manager | Financial Executive |
|---|---|---|---|
| Linked bank accounts | 1 | 3 | 10 |
| KlarioAI messages / month | 5 | 30 | 100 |
| Data export (NDPR) | Yes | Yes | Yes |
| Priority support | No | No | Yes |
Business-versus-personal intelligence (commingling alerts, monthly report, tax-impact estimates) is gated to solo-founder and SME account types, independent of plan tier.
The landscape
Everyone owns a slice. No one owns the clarity layer.
Neobanks want you to bank with them. Savings apps do one job. PFM aggregators exist abroad, but none are naira-native. Klario sits on top of the banks Nigerians already use and turns them into one clear, intelligent view.
| Category | Sits on your existing banks | Nigeria-native | AI money advisor | Business vs personal | |
|---|---|---|---|---|---|
| Klario | Money-clarity layer | Yes | Yes | Yes | Yes |
| Revolut (UK) | Neobank / super-app | No, you bank with it | No | Limited | No |
| Emma / Mint (UK-US) | PFM aggregator | Yes | No | Limited | No |
| Cleo (US-UK) | AI budgeting chat | Partly | No | Yes | No |
| PiggyVest / Cowrywise | Savings & invest | No, holds funds | Yes | No | No |
| Kuda / Carbon | Neobank / lending | No, you bank with it | Yes | No | No |
What we do differently
On top, not instead
We don't ask people to move banks. Klario reads the accounts they already have, so adoption has no switching cost.
Naira-native intelligence
KlarioAI understands local merchants, charges and habits, guidance built for how Nigerians actually earn and spend, not a foreign template.
The SME wedge
Automatic business-versus-personal separation (commingling) is a clean-books tool no incumbent offers, a direct line into the formalising SME segment.
Asset-light by design
Read-only today means no money-transmission licence, capital requirement or fraud liability, so we ship faster and burn less than money-movement fintechs.
How we run
Lean by architecture, not by cost-cutting.
Because Klario reads money instead of moving it, there's no float, settlement, capital reserve or fraud liability to fund. The cost base is small and mostly variable, so gross margin widens as the user base grows.
Cloud & database
A single modern hosting and database stack. Low fixed cost that amortises across every new user.
AI inference
Pay-per-use on a hosted model, tied to actual KlarioAI usage and capped per tier, so cost tracks revenue.
Open banking & KYC
Per-active-user fees to licensed partners for account linking and identity checks. Variable, and only on engaged users.
No money-movement cost
Zero float, settlement, chargeback or transmission-licence overhead, the largest cost centre for most fintechs, is simply absent.
Detailed unit economics (cost per active user, gross margin by tier, blended CAC and payback) are in the data room.
Five-year outlook
The model compounds on three levers.
We're pre-revenue and in beta, so we don't publish a fixed five-year P&L here. Instead, here's how the model grows. The board-reviewed projection, with the assumptions behind it, lives in the data room.
Trust & reach
Grow the free, read-only base and prove retention. Revenue is early subscription; the priority is engaged, verified users and a low-cost growth loop.
Monetise clarity
Convert to paid tiers and the SME business-versus-personal wedge. Subscription ARPU rises as automation and the human-advisor tier mature.
Orchestration upside
With a licensed partner, transaction-linked revenue layers on top of subscriptions, once users already rely on Klario to understand their money.
Figures in any projection are illustrative and assumption-driven; Klario is pre-revenue. The full model is available under NDA in the data room.
Two ways to back Klario
Choose the track that fits how you invest.
For banks & financial institutions
Bank & strategic investors
Partner with Klario to reach a verified, engaged, multi-banked audience, gain permissioned insight into real financial behaviour, and co-build features that drive deposits, retention and cross-sell.
- Distribution to financially active, KYC-verified users
- A clarity layer that sits above accounts, not competing with your core
- Co-built savings, lending and deposit journeys
- Aggregated, consented insight into how customers actually manage money
For VCs, angels & funds
Financial & return investors
Back the team building the default money app for the largest market in Africa, at the moment open banking, KYC and AI have all finally arrived at once.
- Large, underpenetrated market with clear willingness to pay
- Recurring subscription revenue with partnership upside
- Asset-light model: licensed partners carry money-movement risk
- AI-native product with a widening data and guidance moat
The raise
We're building the money app Nigeria actually needs.
Klario is currently in private beta on a controlled test environment while we complete our regulatory and partner licensing. We're speaking with strategic and financial investors who want in early. The investor brief covers our roadmap, model and the round; the data room has the detail.
This page is informational only and is not an offer to sell or a solicitation to buy any security. Klario is operated by Raavon Limited (RC-9537604). Figures shared in the deck are subject to change.