Paga’s platform enables individual consumers to send and receive money transfers and empowers businesses to process payments. In addition to its easy-to-use mobile wallet platform, Paga has built the country’s widest physical financial services distribution network (2.5x that of Nigeria’s 23 banks combined) by training and deploying 18K+ agents across convenient service points in all 36 states in Nigeria.
Paga currently facilitates $160M in payments across 3M transactions each month, and its transaction volume has grown at a 5-year CAGR of 97%. Tackling a $380B market opportunity, it aims to generate $101.2M by 2021.
Current Company: Paga
Industry: Financial Services
ISP Selected: 84th ISP (Cape Town – December 2018)