Paga provides a global financial services infrastructure that enables third‑party developers, businesses, and individuals across Africa to process payments, preserve income, and engage in domestic and international commerce. Through its Doroki and Paga apps, as well as the Paga Engine platform, it offers APIs and tools that power digital banking, merchant services, and cross‑border transfers, supporting millions of users and thousands of enterprises.
Funding
$10M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
African consumers, small businesses, and diaspora communities often lack accessible, reliable, and scalable payment and financial services, limiting their ability to send, receive, and preserve money or engage in cross‑border commerce.
Solution
Paga offers a global payments and financial services infrastructure tailored to African users. Through the Paga consumer app, the Doroki business app, and the Paga Engine API for third‑party developers, the platform enables instant peer‑to‑peer transfers, merchant payments, and cross‑border transactions. The ecosystem supports SME growth by providing digital payment acceptance, cash‑out options, and access to financial products. By leveraging a network of agents and partnerships such as Visa, Paga extends financial inclusion to underserved regions while maintaining high processing speed and security. The recent U.S. launch delivers digital banking services to the African diaspora, further expanding the reach of its infrastructure.
Target Audience
Primary customers are African consumers, small and medium enterprises, and fintech developers seeking to embed payment services for African markets, as well as members of the African diaspora requiring digital banking abroad.
Features
- Paga consumer app for peer‑to‑peer transfers, bill payments, and money preservation
- Doroki app suite (including Doroki 2.0) for businesses to accept payments, manage cash flow, and grow sales
- Paga Engine API that allows third‑party developers and enterprises to embed payment capabilities into their own products
- Cross‑border transaction support enabling African users to send and receive funds internationally
- Integrated agent network and Visa partnership for widespread cash‑in/cash‑out and card‑based payment options
- Scalable processing infrastructure that has handled over N21 trillion across more than 432 million transactions