How much does it cost to build a SaaS product?

What it costs to build a SaaS product, from an MVP at ₦2.5m to ₦5m to a complex platform, what moves the price, how long it takes and the costs after launch.

Several laptops on a shared table, seen from above
Photo: Marvin Meyer on Unsplash

SaaS products vary more than any other kind of software, so any single number is misleading. What you can know is what each stage usually costs, what moves the price within it, and how to keep the first version from costing more than it should. This guide uses our own published prices.

The short answer

These are Tekora’s prices from October 2026. We give a written scope and a price for each release before any work starts.

  • MVP: ₦2.5m to ₦5m
  • Growth-stage product: ₦5m to ₦10m
  • Complex SaaS: ₦10m and above
  • A recommended MVP: usually ten to sixteen weeks

Typical price ranges, from October 2026

  • Web applications₦1.5m to ₦8m and above
  • Digital product development₦1.5m to ₦10m and above
  • SaaS development₦2.5m to ₦10m and above
Tekora’s published ranges for SaaS and the two services it is most often compared with.

Why SaaS costs more than an application for one organisation

A SaaS product is sold to many customers, each with their own account. On top of the product itself, it needs sign-up and onboarding that work without your help, accounts kept separate from each other, and subscription billing: plans, trials, upgrades, downgrades, renewals, failed payments and invoices, in naira, dollars or both.

What moves the price

  • Scope of the first release. This is the biggest lever, and the one you control
  • Number of user types, roles and journeys
  • Billing, payment and integration needs, such as Paystack, Flutterwave or international providers
  • AI features, and how much checking they need
  • Security and compliance requirements
  • Design complexity and timeline

An MVP is not a cheap version of your product

It is the smallest version that can test your most important assumptions with real users: the core job done properly, with real sign-up, real data and, where it matters, real payments. Built well, it becomes the foundation of the full product rather than something you throw away. If an MVP doesn’t fit in about sixteen weeks, that is usually a sign the scope should be cut. Read MVP vs full product for how to decide what goes in.

What it costs after launch

Some costs are paid to other providers rather than to the developer, and they grow with your customers. A good proposal lists them:

  • Hosting and infrastructure
  • Payment gateway fees on each subscription payment
  • Email, SMS and messaging services
  • API usage, including AI services
  • Software subscriptions
  • VAT, where it applies

Ongoing support is optional and covers monitoring, fixes, security updates and new features as you grow.

What you should get for your money

  • A written scope, with what each release must do to be accepted
  • Changes estimated for time and cost, going ahead only once you approve them
  • Working software to review every week or two
  • The source code in a repository you can access from day one, with documentation
  • An architecture designed for the next stage of growth, not an imaginary one

How to get an accurate price

You don’t need a technical specification. Most of our projects start with an idea, and discovery turns it into a written scope, user journeys and a release plan in plain language. See SaaS development, or tell us about the product. We reply within two working days.

Have a problem worth solving?

Tell us what you’re trying to build. We reply to every serious enquiry within two working days.

Prefer to talk first? Call +234 803 262 3702 or email info@tekoraservices.com