eTranzact PLC

General Information

Company Name

eTranzact PLC

Founded Year

2003

Location (Offices)

Lagos, Nigeria +1

Founders / Decision Makers

Number of Employees

391

Industries

Payments

Funding Stage

Private Equity

Social Media

eTranzact PLC - Company Profile

eTranzact (UK) Ltd is an award-winning innovative and cutting-edge technology payment platform that serves as the first global and fully integrated financial switch, payment processor, mobile banking, and payment solution. It can be utilized on any mobile network and for any financial institution, effectively transforming mobile phones into feature-rich payment and security devices.

eTranzact, founded in 2003, is currently deployed in over 28 banks in five African countries, catering to 3.5 million subscribers. In the UK, eTranzact offers services such as the ESA (eTranzact Strong Authentication) for card and online payments, remittances, mobile banking, and payment services. With the UK operations aiming to be the "hub" for most electronic financial transactions for Europe into Africa and Asia.

The company's last investment was a Private Equity Round - E investment at 01 March 2008, with the investment coming from African Capital Alliance.

Taxonomy: Financial technology, Payment platform, Mobile banking, Payment solution, Global integration, Electronic financial transactions, Security device, Financial switch, Online payments, Remittances, Mobile network, Technology innovation, Banking, Award-winning, UK operations