Payaza, a pan-African monetary infrastructure firm, has secured its third investment-grade credit standing after receiving a Bbb ranking from Agusto & Co., one in every of Africa’s most revered credit standing businesses.
This newest endorsement follows earlier rankings from International Credit score Rankings (GCR), an affiliate of Moody’s, and Nigeria’s DataPro, making Payaza one of many only a few fintech corporations on the continent to achieve a triple-rated standing.
This recognition is a significant milestone not only for Payaza as a company entity, but additionally for the African fintech area at massive.
It demonstrates that African-grown startups can meet, and even exceed, worldwide requirements of governance, compliance, and monetary self-discipline. In an area typically suffering from aggressive however unstructured progress, Payaza’s achievement stands out as a mannequin of accountable management.
Past its company rankings, Payaza’s affect on the bottom, notably in Ghana, has been equally vital. Since getting into the Ghanaian market, the corporate has not solely constructed strong infrastructure for digital funds and collections however has additionally actively invested in grassroots growth.
One such initiative is SME Thrive, a Payaza-led programme supporting small companies and pupil entrepreneurs via funding, mentorship, and tailor-made cost options.
The corporate says these efforts show that its imaginative and prescient for pan-African fintech management isn’t simply theoretical—it’s actively being realised via sensible options for on a regular basis retailers and communities.
In 2024, Payaza started a strategic transformation from a regional funds supplier to a world infrastructure participant. It secured approval from the FMDQ Change to boost ₦50 billion—roughly $35 million—below a business paper programme.
This marked the most important approval of its variety ever granted to a Nigerian fintech. Payaza issued the primary and second collection below the programme in December 2024, elevating ₦14.97 billion in full and forward of schedule by June 2025.
The second tranche of ₦5.36 billion is predicted to observe swimsuit.
Notably, these funds have been raised via internally generated income—a uncommon feat in rising markets—highlighting Payaza’s robust monetary footing.
In keeping with Seyi Ebenezer, Chief Govt Officer of Payaza Africa, the Agusto & Co. ranking affirms not simply the corporate’s inner governance, but additionally Nigeria’s skill to provide globally related and financially sound fintech gamers.
He notes that for years, African startups have been seen via the lens of potential alone.
Now, firms like Payaza are proving that efficiency can match ambition.
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