E-TRANZACT INTERNATIONAL PLC

E-TRANZACT INTERNATIONAL PLC, a prominent payment technology provider, was incorporated in Nigeria as a Private Limited Liability Company in 2003. The company was founded by Dr. Valentine Obi. It transitioned into a Public Limited Liability Company in 2009 and subsequently listed on the Nigerian Stock Exchange (NGX) on August 7, 2009. E-TRANZACT played a pioneering role in Nigeria's electronic payment landscape, introducing innovations such as mobile banking, USSD, and cardless withdrawal capabilities. The company's evolution began as an interbank payment network, expanding its services to become a multi-application and multi-channel electronic transaction switching and payment processing platform. E-TRANZACT's core business revolves around the processing of diverse electronic payment transactions through its robust switching platform. Its comprehensive suite of services includes electronic payment processing, software development, and system maintenance. The company offers various products like Bankit, an omni-channel direct-to-bank payment gateway; PocketMoni, a licensed mobile money wallet and payment platform; CorporatePay for online bulk payments; WebConnect, a payment gateway for direct bank account payments; and SwitchIt, a flexible and secure transaction processing technology. These solutions facilitate transactions across multiple channels, including mobile phones, web browsers, Point of Sale (POS) terminals, Automated Teller Machines (ATMs), and bank branches. E-TRANZACT serves a broad clientele spanning individuals, businesses, financial institutions, corporates, and the public sector, including governments and state revenue agencies. Headquartered in Nigeria, the company maintains operations across various African countries, including Ghana, Kenya, Zimbabwe, Ivory Coast, South Africa, Cameroon, Uganda, and Sierra Leone, extending its reach to the UK. The eTranzact Group operates with eTranzact Global Limited serving as the holding company, and a notable subsidiary is eTranzact Platform Limited in Uganda.