Miden

Miden, located in Ikeja, Lagos, Nigeria, operates within the fintech industry, focusing specifically on serving businesses across Sub-Saharan Africa. As a debit card issuer processor, the company facilitates the launch of card programs and various financial products, catering primarily to enterprise clients. These clients utilize Miden’s services to issue over 96,000 cards and process transactions exceeding $2.5 million monthly for both employees and customers. Miden’s infrastructure is designed to reduce integration time, enhance stability, and maintain a customer-focused approach. Within just eight months of its launch, Miden has become one of the top three fintechs in terms of total payment volume (TPV) among card issuing companies in the region. The company is part of the Y-Combinator W24 batch and has ambitious plans to develop the first comprehensive fintech and banking software stack for Africa, starting with its card issuer-processor services. Miden operates with a team of eight and offers services both locally and remotely, targeting not only Nigeria but the broader African market.