Unlimint Enters Africa, Receives Payments License in Nigeria

Friday, 21/04/2023 | 05:27 GMT by Arnab Shome
  • The license allows it to offer various payment services in the country.
  • It is the first African country where Unliminst has a presence.
unlimint
CArdpay, unlimint

Unlimint, previously known as Cardpay, is entering the African markets with the launch of its operations in Nigeria, which came after the company obtained a Payment Solution Service Provider (PSSP) License from the Central Bank of Nigeria.

Unlimint Gains License in Nigeria

The press release shared with Finance Magnates highlighted that the new license makes Unlimint a recognized payment services provider in the country. The company can now offer a wide range of payment services to local businesses.

"Unlimint's expansion to Nigeria is a testament to our unwavering commitment to empowering businesses globally with our innovative payment solutions. We are proud to bring our cutting-edge technology and deep expertise to the Nigerian market, and we are confident that our solutions will enable businesses of all sizes to thrive and succeed in the digital age," said the CEO of Unlimint, Kirill Evstratov.

Becoming a Global Payments Platform

Unlimint offers an all-in-one payments solution that includes corporate accounts and acquiring. In addition, it enhanced its services with the launch of the banking-as-a-service (BaaS) product last year. Moreover, it dived into the cryptocurrency space with the launch of GateFi, enabling developers to connect traditional payment networks with blockchains.

Headquartered in London, Unlimint has a presence in major financial hubs like Frankfurt, Singapore, São Paulo, Hong Kong, and Mexico. The company's move into Africa is strategically timed as Nigeria is experiencing an increasing demand for faster and more secure payment solutions.

"The African technology and payments sector has witnessed an exciting transformation over the past few years, with Nigeria being at the forefront of the African payments revolution," said Trevor Goott, the Director for Africa & India at Unlimint.

"This launch is the first step in Unlimint's African market expansion, with other announcements expected to be made over the coming months. We are excited about the endless opportunities our presence in Nigeria will bring for businesses and their customers alike, and we look forward to being part of the Nigerian Payments Landscape."

Unlimint, previously known as Cardpay, is entering the African markets with the launch of its operations in Nigeria, which came after the company obtained a Payment Solution Service Provider (PSSP) License from the Central Bank of Nigeria.

Unlimint Gains License in Nigeria

The press release shared with Finance Magnates highlighted that the new license makes Unlimint a recognized payment services provider in the country. The company can now offer a wide range of payment services to local businesses.

"Unlimint's expansion to Nigeria is a testament to our unwavering commitment to empowering businesses globally with our innovative payment solutions. We are proud to bring our cutting-edge technology and deep expertise to the Nigerian market, and we are confident that our solutions will enable businesses of all sizes to thrive and succeed in the digital age," said the CEO of Unlimint, Kirill Evstratov.

Becoming a Global Payments Platform

Unlimint offers an all-in-one payments solution that includes corporate accounts and acquiring. In addition, it enhanced its services with the launch of the banking-as-a-service (BaaS) product last year. Moreover, it dived into the cryptocurrency space with the launch of GateFi, enabling developers to connect traditional payment networks with blockchains.

Headquartered in London, Unlimint has a presence in major financial hubs like Frankfurt, Singapore, São Paulo, Hong Kong, and Mexico. The company's move into Africa is strategically timed as Nigeria is experiencing an increasing demand for faster and more secure payment solutions.

"The African technology and payments sector has witnessed an exciting transformation over the past few years, with Nigeria being at the forefront of the African payments revolution," said Trevor Goott, the Director for Africa & India at Unlimint.

"This launch is the first step in Unlimint's African market expansion, with other announcements expected to be made over the coming months. We are excited about the endless opportunities our presence in Nigeria will bring for businesses and their customers alike, and we look forward to being part of the Nigerian Payments Landscape."

About the Author: Arnab Shome
Arnab Shome
  • 6344 Articles
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6344 Articles
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