x

SPay Hits a Milestone: Processes Over N2 Billion in Transactions in Its Inaugural Year

SPay Business Solutions Limited, a prominent player in Nigeria’s financial technology sector, proudly announces a remarkable feat, handling transactions worth over N2 billion within its first year of operation. This accomplishment underscores SPay’s dedication to streamlining and safeguarding online transactions across diverse sectors within the Nigerian economy.

A Year of Remarkable Progress

Since its launch in January 2023, subsequent to receiving approval from the Central Bank of Nigeria to operate under the Payment Service Solutions Provider (PSSP) license, SPay has swiftly emerged as a pivotal entity in the financial technology arena. Providing a comprehensive range of services, including a payment gateway, application development, and merchant services aggregation, SPay serves a broad clientele, spanning from small and medium-sized enterprises to large corporations and governmental bodies.

SPay’s Innovative Framework

The cornerstone of SPay’s rapid ascent lies in its state-of-the-art platform, engineered for simplicity, robust security, and flawless operation across all devices. This customer-centric approach has not only facilitated transactions exceeding N2 billion but has also positioned SPay as the preferred choice for effective and dependable digital payment solutions.

Guidance and Aspiration

Guided by the vision of its Founder and CEO, Akinwale Ojo, a seasoned expert with over two decades of experience in Nigeria’s payment ecosystem, SPay is propelled by the ambition to emerge as the premier global payment solution provider. Mr. Ojo’s extensive background encompasses various leading financial institutions, enriching him with profound insights into fostering growth and innovation in electronic commerce.

Revolutionizing Payment Systems

SPay is steadfast in its commitment to deliver straightforward, secure, and seamless payment solutions, addressing the demands of Africa’s digital economy and beyond. Leveraging cutting-edge technology and the collective expertise of its team, the company facilitates transactions across a spectrum of sectors, encompassing e-commerce, digital banking, agriculture, and more.

About SPay Business Solutions Limited

SPay Business Solutions Limited is a fintech startup operating within the regulatory framework of the Central Bank of Nigeria. Boasting a team of professionals with over 25 years of combined experience in application development, information security, and electronic payments, SPay is dedicated to modernizing payment processes for businesses, governments, and individuals through innovative digital solutions.

Hot this week

Kano Governor Urged to Reinstate Former Transport Commissioner Amid Bail‑Surety Row

Civil‑society groups and a prominent human‑rights lawyer on Thursday...

NNPP Chairman Says 2026 Budget Will Drive Kano’s Transformation

By Jabiru HassanKano State Chairman of the New Nigeria...

Outrage in A’ibom as Lagos Government demiolishes Ibibio Community Centre

By Ogenyi Ogenyi, UyoThe demolition of the community...

Mutfwang Pledges to Boost Plateau Economy Through Mineral Sector Development

By Israel Adamu, JosPlateau State Governor Caleb Mutfwang has...

Nine Pillars for Super Eagles’ Congo Conquest

Under Eric Chelle, the Eagles must refine the nine pillars that felled Benin and tamed Gabon: proactive predation, midfield dissection, and mental fortitude, now honed for the Leopards' claws. This final isn't survival—it's supremacy, a billion Nigerian dreams distilled into 90 minutes of destiny.

NNPP Chairman Says 2026 Budget Will Drive Kano’s Transformation

By Jabiru HassanKano State Chairman of the New Nigeria...

Gen. Ali-Keffi Alleges Retirement and Detention After Capturing Boko Haram Leader in Letter to Tinubu

By Achadu Gabriel, KadunaMajor General Danjuma Ali-Keffi (rtd) has...

Antimicrobial Resistance Drains Nigeria, Claims 60 m Lives Yearly — WHO

By Joyce Remi-BabayejuThe World Health Organization (WHO)...

A”Ibom unveils bold initiative to end open defeacation

In an effort to strengthen sanitation systems and protect public health, Akwa Ibom Government has announced plans to roll out the “Keep Akwa Ibom Clean” project—a comprehensive, statewide sanitation campaign targeted at ending open defecation by 2030.

UNICEF Condemns Deadly Attack on Kebbi School, Calls for Immediate Release of School Girls

Joyce Remi-BabayejuThe United Nations Children Fund, UNICEF,...

Mahmoud Urges Asian Investors to Leverage Abuja’s Infrastructure for Business

By Joyce Remi-BabayejuFCT Minister of State, Dr. Mariya...

National Youth Alliance Vows to Continue as Movement Until Youth Lead Nigeria

By Jabiru HassanThe National Youth Alliance (NYA) has reaffirmed...

Salem University Lokoja to Graduate 168 Students at 7th Convocation Ceremony

By Noah Ocheni, LokojaSalem University, Lokoja, is set to...

Related Articles

Popular Categories

spot_imgspot_img