What CapitalSage does

CapitalSage Holdings is an indigenous Nigerian private conglomerate founded in 2019 and headquartered in Lagos, operating across three integrated business verticals: financial services/fintech, agribusiness/FMCG, and healthcare. The fintech arm — CapitalSage Technology Limited — runs microfinance banks in Nigeria and The Gambia (Kolomoni, holding dual MFB and PSSP licenses in Gambia), an East-African payment partner (Arronax Technology in Kenya), and Ercas Integrated Solutions; the platform has onboarded 10M+ users, empowers 10k+ merchants and agents, and processes over N1 Trillion in transactions. The agribusiness arm — Johnvents Industries — operates a vertically integrated cocoa and FMCG business spanning 1,500 hectares of farmland, 45,000 MT of combined cocoa processing capacity across plants in Akure (15,000 MT) and Ile-Oluji (30,000 MT, acquired February 2023), 15,000 MT of warehousing, and an 80+ truck logistics fleet (Haven Hauling), exporting to European and US markets. The healthcare arm operates Best Western Group of Hospitals and Victory Medical Centre.

The group's core technology stack integrates retail payment processing, microfinance banking, and (post-2026 Chimoney acquisition) a single-API cross-border payment infrastructure supporting 41 currencies across Africa, North America, and Latin America. Revenue is generated across multiple streams: transaction fees in fintech, commodity trading and FMCG manufacturing in agribusiness, and patient services in healthcare. The fintech division is debt-funded, having raised $4 million in 2021 through a Series 1 Private Company Notes issuance under a N10 billion program — making it the first fintech listed on Nigeria's private markets platform — while the agribusiness subsidiary (Johnvents) achieved a BBB+ investment-grade rating from GCR Ratings in December 2023. Customer segments include underserved African consumers and micro-businesses (digital financial services), merchants/agents/SMEs (payment processing), agricultural producers and global FMCG buyers (cocoa sourcing and export), and healthcare patients. Geographic footprint spans Nigeria (HQ), The Gambia, Kenya, Benin, and — following the 2026 Chimoney acquisition — Canada.

Name

CapitalSage

Legal name

CapitalSage Holdings

Website

https://capitalsage.ng

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

CapitalSage Holdings is a Nigerian private conglomerate operating fintech (Kolomoni microfinance, payment processing), agribusiness (45,000 MT cocoa processing under Johnvents), and healthcare (Best Western Hospitals), serving 10M+ users, 10k+ merchants, and exporting cocoa globally.

Ownership category

akta.pro rank

Product category

Diversified Conglomerate

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (52218), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Functions Related To Depository Banking, Nec (6099), State Commercial Banks (6022), Finance Services (6199)

akta.pro primary industry

SME Cash Management & Payments (Merchant, ACH/Wires, Payroll) (FSABABAD)

akta.pro secondary industries

Treasury, Cash Management & Liquidity Tools (Sweeps, Cash Concentration) (FSAGAAAG), Inventory & Warehouse Finance (Warehouse Receipts, Stock Finance) (FSABAHAF)

Keywords

• Digital financial services
• Microfinance banking
• Cocoa processing
• Cross-border payments
• Healthcare services

Headquarters

HQ city

Ibadan

HQ country

Nigeria

HQ region

Africa

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Fintech Payments & Transaction Processing: CapitalSage Technology Limited processes digital payments and financial transactions for individuals and businesses across Nigeria and Africa, earning transaction fees. The company has onboarded 10M+ users and processes over N1 Trillion in transactions, with merchant and agent networks across 4 countries.
2. Agribusiness Production & Commodity Trading: Johnvents Group, the agribusiness arm of CapitalSage Holdings, generates revenue through cocoa processing (cocoa liquor, butter, cake, powder), commodity trading (paddy rice, soybeans, sesame seeds, cocoa), and FMCG manufacturing (edible oils, bottled water, breakfast cereals, seasoning cubes). The group exports cocoa products globally and operates 15,000 MT warehouse capacity.
3. Healthcare Services: Best Western Group of Hospitals and Victory Medical Centre provide medical care services including consultations, diagnostics, surgery, maternal care, and emergency services, generating revenue from patient services.
4. Capital Markets & Debt Issuance: CapitalSage Technology Limited raised $4 million through a Series 1 Private Company Notes issuance under its N10 billion program, making it the first fintech listed on Nigeria's private markets platform.

Go-to-market motion2 records

Distribution channels6 records

Marketing channels4 records

Core offering

CapitalSage Holdings operates an integrated fintech, agribusiness/FMCG, and healthcare conglomerate providing digital payments, microfinance banking, money management, cross-border payment infrastructure, cocoa processing and commodity trading, and hospital-based healthcare services to underserved African populations, merchants, agents, and global buyers.

Product overview

CapitalSage Holdings is an indigenous Nigerian conglomerate operating three main business divisions: fintech, healthcare, and agribusiness/FMCG. The fintech arm, CapitalSage Technology Limited, provides integrated digital financial services through subsidiaries including Kolomoni Microfinance Bank (Nigeria and The Gambia), Arronax Technology (East Africa payment partner), and Ercas Integrated Solutions Limited. The healthcare division operates Best Western Group of Hospitals with facilities including Best Western Hospital and Victory Medical Centre. The agribusiness/FMCG division, Johnvents Industries, spans cocoa processing (with factories in Akure and Ile-Oluji), agricultural production, consumer foods (cocoa powder, chocolate drinks), commodity trading, logistics (Haven Hauling with 80+ trucks), and FMCG manufacturing (Noble-Eagle Industries). The group processes over 1 trillion Naira in transactions, serves 10 million+ users, and operates across Nigeria, The Gambia, Kenya, and the Republic of Benin.

Differentiator

Problem solved

Functional benefit

Brands

• Kolomoni: Microfinance bank brand operating in Nigeria and The Gambia offering digital financial services
• Johnvents
• Johnvents Pure Cocoa Powder
• Johnvents Chocolate Drink
• Oluji Pure Cocoa Powder
• Cocoa Pops
• Cocoa Cube
• Best Western Group of Hospitals
• Haven Hauling
• Noble-Eagle Industries Limited

Products and services

• Kolomoni Microfinance Banking Services Licensed microfinance bank providing retail banking, savings, micro-loans, and digital financial empowerment services to individuals and small businesses in Nigeria and The Gambia.
• Digital Payment Processing Services Integrated payment solutions and transaction processing services delivered to African consumers, merchants, and businesses through the Ercas platform.
• East African Payment Collection Services Payment collection and processing technology services for businesses operating across Kenya and the broader East African region through the Arronax platform.
• Cross-Border Payment Platform Single-API cross-border payment infrastructure acquired through Chimoney, supporting 41 currencies and enabling remittances and business payments across Africa, North America, and Latin America.
• Hospital and Medical Centre Services Hospital, diagnostic, and medical care services delivered through Best Western Hospital and Victory Medical Centre across Nigeria, covering general consultation, surgery, maternal and child care, laboratory diagnostics, and emergency services.
• Cocoa Liquor Cocoa mass or paste produced at Johnvents Cocoa Factory (Akure, 15,000 MT capacity) and Premium Cocoa Products (Ile-Oluji, 30,000 MT capacity), used as the base ingredient for chocolate, beverages, and cosmetics by global confectionery buyers.
• Cocoa Butter Naturally derived vegetable fat extracted from cocoa beans, exported globally to European countries and the USA for use in chocolate manufacturing and cosmetics, with 20,000 MT exported since 2021.
• Natural Cocoa Cake Sub-product of cocoa liquor pressing containing approximately 10-12% cocoa butter content, produced at Johnvents and Premium Cocoa Products facilities for industrial buyers.
• Cocoa Powder Fine brown powder crafted from the defatted portion of cocoa liquor, used in baking, beverages, and confectionery applications, supplied to global buyers.
• FMCG Consumer Products Branded consumer products manufactured by Johnvents Foods and Noble-Eagle Industries, including Johnvents Pure Cocoa Powder, Oluji Pure Cocoa Powder, Johnvents Chocolate Drink, Cocoa Pops, Cocoa Cube, edible oils, bottled water, breakfast cereals, seasoning cubes, and animal feeds.
• Commodity Trading and Warehousing Trading and warehousing of paddy rice, soybeans, sesame seeds, and cocoa, with 15,000 MT of combined warehouse capacity across Nigeria operated through Johnvents Trading.
• Logistics and Freight Services Transport, freight, and export logistics services delivered through a fleet of 80+ trucks operated by Haven Hauling, ensuring delivery of products across 20+ countries.

Quantifiable outcome

• 10M+ users onboarded to digital financial services
• +5 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Chi Technologies Inc. (Chimoney)coreStrategic or Co-development Partner · 16 June 2026CapitalSage Vantage Limited, an operating entity within CapitalSage Holdings, agreed in principle to acquire Chi Technologies Inc., the parent company of Chimoney. The acquisition marks CapitalSage's entry into Canada's regulated payments market, leveraging Chimoney's Canadian Payment Service Provider and Money Services Business licences. Closing is structured in phases under Canada's Retail Payment Activities Act. Founder Uchibeke will lead the integration process for six months, with all investors settled in full upon closing and team members participating in proceeds.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Market position

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/CapitalSageHoldings
• Facebookfacebook.com/CapitalSageHoldings
• LinkedInlinkedin.com/company/capitalsage-holdings
• Instagraminstagram.com/capitalsageholdings

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries15 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CapitalSage