Ceviant, a UK-based financial technology company delivering treasury and trade solutions to corporates, has received its Payment Solution Service Provider (PSSP) License from the Central Bank of Nigeria.
The license permits Ceviant to offer a range of payment services to clients in Nigeria, including electronic fund transfers and payment processing.
This license presents further opportunities to partner with banks and other financial institutions within the payments ecosystem, including API integrations with banks, enabling businesses to manage bank accounts, payments, transactions, cash balances, and more, all through a single portal and API.
Ceviant’s FCA license in the UK also allows access to the UK’s financial services ecosystem, making it easier for businesses to manage payments and transactions through a single platform. With both licenses, Ceviant is poised to provide a more comprehensive range of financial services to customers across Europe and Africa.
Kehinde Dabiri, CEO of Ceviant, commented, “We are proud to have been granted the PSSP license from the Central Bank of Nigeria. This demonstrates our dedication to providingexceptional payment solutions that meet the necessary regulations. At Ceviant, we aim toprovide integrated treasury and trade solutions that give our customers more datatransparency, automation, visibility, and control of their payments and treasury operations.Receiving the PSSP license is a major achievement for Ceviant. It highlights our dedication tomaintaining the security and accuracy of all payment processes. Our team worked hard to meetthe demanding standards set by the Central Bank of Nigeria, and we are confident that ourpayment solutions will continue to meet the changing needs of Nigerian businesses.”
Ceviant provides Multinational Businesses access to its treasury and trade solutions, whichfocuses on reducing costs and making global business transactions more efficient. The PSSPLicense enables Ceviant to securely offer its services in Nigeria with features and capabilitiesthat meet local banking requirements. Ceviant is now well-positioned to capitalize on Nigeria’sgrowing payments market and meet the needs of businesses seeking secure and efficientpayment solutions.
Payments are a critical component of treasury management. Treasurers require real-timevisibility of cash balances, stress-free money movement, and safe investment options topreserve liquidity.
Ceviant’s Executive Management team has a proven track record that spans payments, mobilebanking and digital solutions. Its Co-Founders have established successful fintech businesses,that include ARCA and Vanso [which was acquired by Interswitch in 2016].
Headquartered in London, with offices in Bucharest and Lagos, Ceviant is a member of theSWIFT partner program and is ISO accredited. Currently operating in Nigeria and the UK, thecompany is expanding to other countries in the EMEA.
Ceviant recently announced a partnership with Providus, GT Bank and Access Bank and iscollaborating with other leading banks in Nigeria to provide integrated treasury and paymentsolutions to businesses.
For more information, visit ceviant.co
