Introduction
Fincra, a Nigerian payment infrastructure provider, has made a significant move by transforming the former Lagos residence of one of Nigeria’s colonial administrators, Lord Lugard, into its new headquarters. The new office, situated in the heart of Ikoyi, marks a strategic decision to bring the company closer to its clients and partners.
Strategic Location for Enhanced Client Access
The newly established headquarters is strategically located in Ikoyi, making it more accessible for Fincra's clients and partners. At the launch event on July 31, Fincra's CEO, Wole Ayodele, emphasized the importance of this move, stating, “Our new office is more central for the clients and partners to access. It will enable us to better serve our customers with more efficient operations, faster response times, and personalized support.”
Fincra’s Rapid Growth and Diverse Clientele
Founded in 2021, Fincra has rapidly positioned itself as a key player in the payment solutions industry, offering both online and offline payment services that facilitate local and international transactions for businesses. The company’s API solutions are particularly valuable for fintech companies looking to build and scale cross-border payment capabilities. Fincra’s diverse client base spans multiple industries, including financial institutions, FMCGs, e-commerce, logistics, manufacturing, and large corporations. Notable clients include Lemfi, Raenest, Verto, and 1XBet.
Expansion and Regulatory Milestones
In 2023, Fincra achieved a significant milestone by securing a Payment Service Solution Provider (PSSP) license from Nigeria’s Central Bank, further solidifying its position in the market. The company operates not only in Nigeria but also in Ghana, Kenya, South Africa, Uganda, the United Kingdom, Europe, and North America. Fincra supports transactions in over 30 different currencies across 150 countries, reflecting its extensive reach and capability.
Future Ambitions and Market Exploration
With the establishment of its new headquarters, Fincra is poised to pursue ambitious goals aimed at connecting Nigeria and Africa to the global economy through advanced API infrastructure. The company is set to explore new market opportunities and launch innovative products that align with its vision of driving digital financial connectivity across the continent.
“Our customers’ satisfaction is our top priority. They should watch out for Fincra,” Ayodele remarked, hinting at the exciting developments to come as the company continues to expand its footprint and influence in the payment solutions industry.
