What Roqqu does

Roqqu is a Nigerian-headquartered cryptocurrency exchange and digital financial services platform that operates a mobile-first super-app serving nearly 2 million retail consumers and small businesses across Nigeria and Kenya. Through native iOS and Android applications and a web client, the platform enables users to buy, sell, swap, and store more than 120 tradable digital assets, and bundles adjacent crypto-native financial products into a single interface: crypto-backed lending, savings, virtual debit cards for spending crypto at merchants, payment links, Qash borderless payments, futures/derivatives trading, a locally developed prediction market, and a Web3 wallet. Security architecture centers on cold storage, two-factor authentication, real-time transaction notifications, and compliance certifications including ISO 27001, GDPR, and a 2024 NDPR audit.

The company monetizes primarily through transaction-based fees, anchored by a 0.1% spot trading fee introduced in 2026, with additional take rates on virtual card spending, interest on collateralized loans, payment link processing, and an emerging B2B book spanning stablecoins, payment rails, and OTC desks. Distribution is product-led and self-serve — users download the app, complete KYC, and onboard without sales involvement — supported by social media, PR coverage in outlets such as Cointelegraph and Nairametrics, event presence (including Moonshot 2025), and a developer portal for merchant API integration. Segmentation is horizontal, with individual retail users as the primary segment, SMBs seeking crypto payment acceptance as a secondary segment, and a third persona segment of professional traders using derivatives.

Roqqu Technologies, the operating entity, is privately held and founder-led under CEO Eseoghene Onomor, with no disclosed external institutional investors despite operating at scale. In July 2025 the company acquired Kenya's Flitaa exchange to secure East African licensing and market entry; in 2026 it completed the full rollout of futures trading, launched crypto-powered payment cards and a prediction market, introduced its 0.1% trading fee, and began a B2B diversification pivot aimed at reducing reliance on cyclical retail trading volume.

Name

Roqqu

Legal name

Roqqu Technologies

Website

https://roqqu.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

101–250 employees

Short description

Roqqu is a Nigerian cryptocurrency exchange operating a mobile-first super-app for nearly 2 million retail and SMB users in Nigeria and Kenya, offering spot trading, futures, crypto loans, savings, virtual cards, and a Web3 wallet across 120+ digital assets.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Exchanges (523210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Credit Card Issuing (522210)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto Payment Gateways & Checkout APIs (FSADAIAA)

akta.pro secondary industries

Crypto-Backed Consumer Loans (Secured) (FSADAFAG), POS, QR & In-Person Acceptance Infrastructure (Crypto) (FSADAIAI)

Keywords

• Cryptocurrency exchange platform
• Crypto trading services
• Digital asset wallet
• Crypto-backed lending
• Borderless crypto payments

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Trading Fees: Roqqu charges a 0.1% trading fee structure on cryptocurrency spot trading transactions. This is the primary revenue stream from retail transaction activity on the platform.
2. Virtual Card Services: Revenue generated from virtual debit card usage, including transaction fees when users spend cryptocurrency through the card at merchants.
3. Crypto Loans Interest: Interest income from providing crypto-backed loans where users collateralize volatile assets to access stablecoins.
4. Payment Processing: Fees charged for payment link and borderless payment services enabling merchants and individuals to accept crypto payments.
5. B2B Products and Services: Diversification into stablecoins, payment rails, and OTC desks to expand revenue beyond volatile retail trading cycles as margin compression makes the retail-only model unsustainable.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Roqqu is a mobile-first cryptocurrency exchange and digital asset platform that lets users buy, sell, swap, and store 120+ cryptocurrencies, trade futures, take crypto-backed loans, earn yield on savings, and spend crypto via virtual debit cards. It also offers merchant payment links, cross-border payments through Qash, and a B2B API for businesses to integrate crypto payment and trading capabilities.

Product overview

Roqqu is a Nigeria-based cryptocurrency platform offering a unified ecosystem of products for buying, selling, and managing digital assets. The core product is the Crypto Wallet supporting over 120 tradable assets, complemented by additional modules including Crypto Loans (collateralized lending), Savings (interest-earning), Invest (portfolio growth), Airdrops (token claims), and Virtual Cards (crypto spending). The platform extends into financial services via Qash (borderless payments and bills), Payment Links (merchant acceptance), and Futures Trading with a locally developed Prediction Market. For business customers, Roqqu offers API Services for integration. The platform also expanded regionally through acquisition of Kenyan exchange Flitaa. Key metrics include 1.8M+ users, $1.5B+ assets traded, and 17M+ wallets generated.

Differentiator

Problem solved

Functional benefit

Products and services

• Crypto Wallet Multi-asset digital wallet that lets users store, trade, swap, and manage 120+ cryptocurrencies with lightning-fast transactions on Roqqu's mobile and web platform.
• Crypto Loans Loan product that allows users to use volatile crypto assets as collateral to access stablecoins, enabling them to avoid selling holdings during downturns.
• Savings Crypto savings product with zero charges that lets users earn returns on stored digital assets, designed to help beat inflation.
• Virtual Cards Crypto-powered virtual debit cards that enable users to spend cryptocurrency on everyday purchases and subscriptions at merchants that accept card payments.
• Payment Links Payment acceptance solution that allows businesses and individuals to accept cryptocurrency payments anytime, anywhere with simple, secure, and fast transactions.
• Qash Borderless payment and bills payment service for sending money internationally and paying bills using cryptocurrency.
• Futures Trading Platform Derivatives trading platform that lets users trade cryptocurrency futures contracts, attracting over 30,000 beta users before full rollout.
• Prediction Market Locally developed prediction market platform that allows users to trade on future outcomes within the Roqqu app.
• Invest Investment feature within the Roqqu platform for portfolio diversification and growth across crypto assets.
• Web3 Web3 services and wallet integration offering decentralized finance capabilities within the Roqqu platform.
• Roqqu API Services Public API services that enable businesses and developers to integrate Roqqu's crypto trading, wallet, and payment capabilities into their own products, with documentation on the Redocly developer portal.
• Flitaa Kenyan crypto exchange operated as a regional brand under Roqqu's infrastructure after acquisition, serving East African retail and SMB customers.

Quantifiable outcome

• 1.8M+ users trust Roqqu with their finances
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature11 records

Partnerships

Two partnerships are on record, tiered core and minor.

• FlitaacoreStrategic or Co-development Partner · 8 July 2025Roqqu acquired Flitaa, a Kenyan crypto exchange, in July 2025, marking its entry into East Africa's digital asset market. The acquisition allows Roqqu to bypass Kenya's licensing hurdles and deepen its footprint across Africa. Flitaa continues operating independently under Roqqu's infrastructure, extending Roqqu's services to the Kenyan market.
• African Stablecoin Consortium (cNGN)minorOthers · 8 April 2025The developers of cNGN, the naira-pegged stablecoin on the Base blockchain, were seeking listings on Roqqu and Yellow Card exchanges. Both exchanges expressed reluctance due to low demand and unclear domestic use cases for the token at the time. The mobile circulation of cNGN grew from 4,400 to 152.5 million tokens among 166 holders since launch.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Paxful: P2P crypto marketplace historically strong in Nigeria and Africa. Comparable to Roqqu for African retail crypto access, though focused on P2P rather than exchange-style trading.

Direct peers

• Yellow Card: Pan-African cryptocurrency exchange operating across Nigeria and 20+ African countries. Directly comparable to Roqqu in target market, product breadth (trading, payments, B2B rails), and focus on African retail and merchant crypto adoption.
• Quidax: Nigerian-headquartered cryptocurrency exchange and liquidity provider serving African markets. Comparable to Roqqu in Nigeria-domiciled operations, retail exchange focus, and expansion into payments and B2B APIs.
• Luno: Global crypto exchange with strong African presence including Nigeria and Kenya. Comparable to Roqqu as a regulated retail-focused exchange operating in overlapping African geographies with similar trading and wallet products.
• BuyCoins (acquired by Block): Nigerian crypto exchange originally focused on retail trading in Naira. Direct competitor to Roqqu in the Nigerian market with overlapping customer base and similar product suite.

Broad incumbents

• Kraken: Major global cryptocurrency exchange serving retail and institutional clients. Competes with Roqqu for advanced/professional traders via spot and derivatives products, though not regionally focused on Africa.
• KuCoin: Global crypto exchange with strong emerging-market presence including Africa. Competes with Roqqu for retail traders through spot and futures trading with a wider token selection.
• Coinbase: US-listed global cryptocurrency exchange offering retail trading, custody, and staking. Overlaps with Roqqu in retail crypto services but operates at vastly greater scale with regulated US-market positioning.
• Binance: The world's largest cryptocurrency exchange by volume. Competes with Roqqu for Nigerian and African retail traders via P2P and spot markets, but operates globally with a vastly broader product portfolio and deeper liquidity.

Emerging players

• Bundle (Africa): African social payments and crypto-enabled cash app. Comparable to Roqqu as a Nigerian/African retail crypto platform but with a stronger social-payments and remittance orientation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/roqqupay
• YouTubeyoutube.com/channel/UCmUQnEj6rqGmClHWgmMCUaw
• Facebookfacebook.com/roqqupay
• LinkedInlinkedin.com/company/roqqu
• Instagraminstagram.com/roqquhq

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Roqqu