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

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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.

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