eTranzact International Plc

eTranzact International Plc

NNSENG:ETRANZACT
17.10
NGN
0.00
(0.00%)
No data availableFinancial data will appear here once available

Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Olaniyi Awosope Toluwalope
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Lagos Nigeria
IPO Date
Jul 8, 2009
Business
eTranzact International Plc is a financial technology company that provides electronic payment processing, multi-channel transaction switching, and digital financial solutions. Founded in 2003 and headquartered in Lagos, Nigeria, the company designs, develops, and deploys payment infrastructure for commercial banks, microfinance institutions, telecommunications operators, government parastatals, enterprise merchants, small businesses, and retail consumers. The company operates primarily within the digital payments, financial inclusion, and transaction processing segments of the financial technology industry. The company delivers a comprehensive portfolio of proprietary technology products and payment services, including SwitchIt, an electronic switching and payment processing platform that connects commercial banks, card schemes, automated teller machines, and point-of-sale terminals; PocketMoni, a mobile financial services platform and consumer digital wallet offering peer-to-peer fund transfers, utility bill payments, merchant collections, and airtime top-ups; CorporatePay, an enterprise web application designed for secure bulk payments, automated payroll administration, and scheduled vendor disbursements; Credo, an omnichannel payment platform providing online checkout systems, point-of-sale integration, and merchant settlement APIs; WebConnect and BankIT, e-commerce payment gateway solutions that enable merchants to accept direct bank debit and card payments on digital storefronts; and an Agency Banking Platform that provides field agents with transaction terminals and mobile interfaces to facilitate cash deposits, cash withdrawals, and account opening in underserved regions. In recent operations, eTranzact International Plc has focused on scaling its merchant acquiring infrastructure and expanding strategic alliances across the public and private sectors. The company deployed enhanced features across its Credo payment infrastructure to accelerate adoption among small and medium enterprises, while securing new strategic partnerships with state revenue boards to automate internally generated revenue collections and tax administration. Furthermore, the company expanded its agency banking footprint to support national financial inclusion targets and completed technical upgrades to its core switching architecture to enhance transaction processing capacity, system redundancy, and cybersecurity safeguards under Central Bank of Nigeria regulatory standards. Geographically, while Nigeria represents its principal operational base, the company maintains regional presence and subsidiary operations in select African markets, including Ghana, South Africa, and Cameroon.