Redtech, a fast-rising fintech company backed by Heirs Holdings, processed over N12 trillion ($10 billion) in payment transactions in 2024, marking a major milestone in its mission to build Africa’s next-generation payment infrastructure.
RedTech CEO, Emmanuel Ojo has said that the recent naira float by the Central Bank of Nigeria would help attract more foreign investors into the fintech space.
Digital payments have witnessed significant advancements in Africa, with various countries adopting innovative solutions such as cards, wallets, USSD, QR codes, and other digital products.