Ativo

What Ativo does

Ativo Limited is a Nigerian fintech company operating as a subsidiary of Electronic Payplus Ltd, a Nigerian electronic payment solutions operator incorporated in 2004. Headquartered in Lagos, Ativo runs Quickraiz, a crowdfunding and personal fundraising platform that enables individuals, NGOs, charitable organizations, communities, and groups to create campaigns and collect contributions online. Campaign creation and registration on the platform are free; monetization is generated through transaction fees applied to funds raised, positioning the platform as a low-friction, pay-on-success funnel for fundraisers.

Beyond the consumer-facing crowdfunding surface, Ativo operates a B2B payments distribution channel, leveraging partnerships with established Nigerian financial infrastructure providers — notably GTBank and Interswitch — alongside its parent Electronic Payplus Ltd. The revenue model is therefore dual-track: per-transaction fees on Quickraiz plus payment-processing services delivered through bank and switch partners. Customer segments span long-tail individual creators (B2C), institutional NGOs and charitable foundations (B2C institutional), and financial-institution counterparties (B2B distribution).

Ativo's leadership is a compact senior team: Bayo Adeokun serves as CEO, Mojisola Sanusi as Chairman, with Lucky K. Orogun and Majekodunmi Babawande on the board. The company has not disclosed external funding rounds, headcount, or financial metrics. Operational signals include NGO anchor partnerships (Aanu Foundation, Sickle Cell Foundation Nigeria, Tosin Quota Foundation) and affiliation with the African Crowdfunding Association, indicating a Nigeria-first footprint with aspirational pan-African alignment.

Name

Ativo

Legal name

Ativo Limited

Website

https://ativo.ng

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Ativo Limited is a Nigerian fintech subsidiary of Electronic Payplus Ltd that operates Quickraiz, a crowdfunding platform enabling individuals, NGOs, and communities to collect and manage funds online through transaction-fee monetization.

Ownership category

akta.pro rank

Product category

Financial Technology (Fintech)

NAICS

Grantmaking and Giving Services (81321)

SIC

Finance Services (6199)

akta.pro primary industry

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

akta.pro secondary industries

Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), Creator Tipping, Donations & Micro-Payments (MPACAFAB)

Keywords

• Electronic payment solutions
• Crowdfunding platform
• Personal fundraising
• Payment processing
• Financial technology services

Headquarters

HQ city

Ibeju

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Crowdfunding Platform (Quickraiz): Quickraiz charges transaction fees on funds raised through campaigns. While campaign creation is free, the platform monetizes through take rates on successful fund collections.
2. E-Payment Solutions Services: Ativo provides payment processing and transaction services to enterprise clients, generating revenue through service fees on processed transactions.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Ativo Limited provides electronic payment solutions and operates Quickraiz, a crowdfunding, personal fundraising, and group gifting platform. The company delivers technology-driven payment products to financial institutions via channel partnerships and offers a self-serve online platform where individuals, NGOs, communities, and organizations can create free fundraising campaigns to collect and manage money online.

Product overview

Ativo is a fintech company that operates as a single-product technology company. Its primary and only named product is Quickraiz, a crowdfunding and fundraising platform. The company positions itself as a subsidiary of Electronic Payplus Limited, specializing in e-payment solutions and financial technology services. The portfolio consists of this one platform offering personal and group fundraising capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Quickraiz

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered core, major and minor.

• Electronic Payplus LimitedcoreStrategic or Co-development PartnerElectronic Payplus Ltd is the parent company of Ativo Limited. Ativo was established as a subsidiary to bridge the gap in demand for efficient, secure, cost-effective, and technology-driven payment products. The parent company specializes in smart card and payment solutions, having been incorporated in 2004.
• Guaranty Trust BankmajorChannel Partner/ Reseller/ DistributorGTBank is a leading multinational financial institution with operations in West Africa and Europe, incorporated in 1990. Ativo partners with GTBank to provide payment solutions through their distribution network.
• InterswitchmajorTechnology or IntegrationInterswitch is a leading African integrated payments and digital commerce platform company founded in 2002. Partnership enables Ativo to leverage Interswitch's payment infrastructure and digital commerce capabilities.
• QuickraizcoreStrategic or Co-development PartnerQuickraiz is a crowdfunding, personal fundraising, and group gifting platform developed and operated by Ativo. It creates a marketplace where fundraisers and donors meet to raise and contribute funds to campaigns.
• African Crowdfunding AssociationminorOthersA self-regulatory organisation that promotes transparency and good governance in the crowdfunding industry.
• Aanu FoundationminorOthersA Christian missional initiative of the Elim Pentecostal Church based in Lagos, targeting the aged population.
• Sickle Cell Foundation NigeriaminorOthersA non-profit organization dedicated to the proper care and control of sickle cell disorder in Nigeria.
• Tosin Quota FoundationminorOthersA non-profit organization focusing on affairs of widows and their children to empower them for a better future.

Recent moves6 records

Expansion highlights3 records

Regional players

• Cowrywise: Nigerian digital wealth management platform. Regional African fintech peer operating in the financial inclusivity space that Ativo targets.
• Piggyvest: Nigerian fintech offering digital savings, investments, and personal finance management. Regional Nigerian fintech peer focused on financial inclusivity, similar to Ativo's mission.

Direct peers

• Kickstarter: Global crowdfunding platform enabling individuals and groups to raise funds for projects. Directly comparable to Quickraiz's crowdfunding and group gifting functionality.
• Indiegogo: International crowdfunding platform supporting campaigns for personal causes, charities, and creative projects. Comparable business model to Quickraiz with take-rate monetization.
• Flutterwave: Pan-African payment technology company offering payment infrastructure across the continent. Directly comparable to Ativo's e-payment solutions business targeting financial institutions and enterprises.
• Paystack: Nigerian payment processor (now owned by Stripe) providing online and offline payment infrastructure to businesses and developers. Direct competitor in Nigerian e-payment solutions serving financial institutions and enterprises.

Broad incumbents

• Interswitch: Leading African integrated payments and digital commerce platform founded in 2002. Major incumbent partner and broader payments ecosystem competitor with overlapping capabilities in payment processing.
• GoFundMe: Global leader in personal and charitable crowdfunding. Comparable to Quickraiz in core product offering (crowdfunding/personal fundraising) but at vastly larger scale and global footprint.
• Electronic Payplus Ltd: Parent company of Ativo and Nigerian smart card and payment solutions provider incorporated in 2004. Closely related entity with overlapping payment solutions business.

Emerging players

• Fundmyproject Africa: Nigerian crowdfunding platform focused on African creative and entrepreneurial projects. Emerging regional player in the same crowdfunding niche as Quickraiz.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ativolimited
• LinkedInlinkedin.com/company/ativo-ng

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Ativo