What it sells
Card issuer processor and banking stack for businesses in Sub-…
Business model breakdown
Buyer: who owns the budget?
UnverifiedHeads of payments/finance/product at enterprises, fintechs and travel/supply-chain firms in Nigeria and other African markets that want to replace several payment providers.
Trigger: what makes them buy now?
Fragmented payment providers hurting margins, reconciliation and reporting; need to launch card or treasury programs fast across currencies (USD, NGN).
Workflow: what inputs become what output?
Business replaces multiple payment vendors with one platform: issue virtual/physical cards via API, manage spend controls, handle accruals and disbursements, global treasury and core banking in one stack.
Economics: what it saves and how it charges
Infrastructure provider monetizing payment volume on card issuing, FX conversion, disbursements and banking; claims 2M+ cards issued and $2B+ volume processed; says card program is designed to be cashflow-positive for the customer.
Distribution: how it reaches customers
Enterprise sales-led (Talk to an Expert, Get in Touch) plus developer API documentation.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Winter 2024 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.