Private Equity

First Ally Capital Limited

Investment Details

Investor Type
Private Equity

Asset Class Focus
Private Equity, Venture Capital

Stage Focus
Seed, Early Stage, Growth

Geographical Focus
Nigeria

Industries Focus

  • Financial Services
  • Technology
  • Healthcare
  • Energy
  • Consumer Goods
  • Real Estate
  • Telecommunications
  • Media
  • Retail
  • Education
  • Agriculture
  • Transportation
  • Hospitality
  • Construction
  • Manufacturing

Investment Size:
1,000,000 to 50,000,000 USD

Investor Details Founded: 2014

First Ally Capital Limited is a prominent Nigerian financial services firm specializing in private equity and venture capital investments. Established in 2014, the firm has been dedicated to delivering innovative financial solutions tailored to the unique needs of businesses, individuals, and governments. With over a decade of excellence, First Ally Capital combines cutting-edge technology, innovative strategies, and unparalleled expertise to provide seamless and comprehensive services that drive growth and create value for its clients. As a one-stop destination for financial solutions, the firm offers a diverse portfolio of services, ranging from investment banking and asset management to trusteeship, inclusive banking, and real estate. The goal is to empower clients to achieve their financial aspirations while fostering trust and delivering excellence. Whether seeking bespoke financial advice, innovative investment options, or strategic real estate opportunities, First Ally Capital is a trusted partner.

The firm's investment strategy focuses on early to growth-stage companies across various sectors, including technology, financial services, real estate, healthcare, consumer goods, energy, telecommunications, agriculture, education, transportation, media, hospitality, manufacturing, construction, and retail. First Ally Capital's approach emphasizes strategic partnerships and sustainable innovation frameworks, aiming to back bold entrepreneurs and foster the development of tomorrow's industry leaders. The firm has a track record of investing in high-potential companies, providing them with the necessary capital and support to scale and succeed in their respective markets.

In June 2025, First Ally Capital acquired a 60% controlling equity stake in Migo Nigeria, a digital credit platform formerly known as Mines.io. This strategic acquisition marked a significant development in the Nigerian fintech space, reflecting a growing trend of deeper collaboration between traditional financial institutions and technology-driven lending platforms. The firm's commitment to innovation and value creation continues to drive its success, positioning First Ally Capital as a key player in Nigeria's financial services sector.

Requirements
  • Strong management team
  • Scalable business model
  • Clear path to profitability
  • Competitive market positioning
  • Innovative products or services
  • Demonstrated market demand
  • Potential for significant growth
  • Alignment with First Ally Capital's strategic focus areas
Contact

[Official Website Hidden]

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Portfolio Companies
  • Migo Nigeria
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