Cowrie Integrated Systems
Cowrie Integrated Systems is a Lagos, Nigeria-based private fintech company founded in 2015 that builds digital payment infrastructure. The firm, with 11-50 employees, secured $750,000 in funding from the Stellar Development Foundation in March 2021.
- Company typePrivate
- Founded2015
- HeadquartersLagos, Nigeria
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Cowrie Integrated Systems firmographics
Firmographics- Name
- Cowrie Integrated Systems
- Website
- https://cowrie.exchange
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Cowrie Integrated Systems is a Lagos, Nigeria-based private fintech company founded in 2015 that builds digital payment infrastructure. The firm, with 11-50 employees, secured $750,000 in funding from the Stellar Development Foundation in March 2021.
- Ownership category
- akta.pro rank
Cowrie Integrated Systems industry classification
Industry- Product category
- Digital Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Payment Processing & Acquiring Infrastructure (FSAGABAC)
- akta.pro secondary industries
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)
Keywords
Where Cowrie Integrated Systems is headquartered
LocationHeadquarters
- HQ city
- Lagos
- HQ country
- Nigeria
- HQ region
- Africa
Markets served
Cowrie Integrated Systems business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure
Cowrie Integrated Systems product offering
Product offeringCore offering
Cowrie Integrated Systems builds digital payment infrastructure. The company provides the technological foundation for processing digital payments, enabling electronic transactions for businesses in Nigeria. It is associated with the Stellar blockchain ecosystem as evidenced by its funding from Stellar Development Foundation.
Differentiator
Problem solved
Functional benefit
Products and services
- Digital Payment Infrastructure
Companies that use Cowrie Integrated Systems
Customer profileIdeal customer profiles1 record
Cowrie Integrated Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Cowrie Integrated Systems competitors and assessment
Company assessmentDirect peers
- Flutterwave: Pan-African payments infrastructure provider headquartered in Lagos, offering APIs for payment processing, cross-border transfers, and merchant acquiring. Direct competitor to Cowrie in Nigerian and broader African payment rails.
- Paystack: Nigerian-born payment processor acquired by Stripe that provides APIs for online and in-person payments, payouts, and verification. Directly competes with Cowrie on developer-first payment infrastructure in Nigeria.
- Chipper Cash: African cross-border payments platform serving consumers and businesses with P2P, B2B payouts, and remittance flows. Competes with Cowrie on digital money movement across African corridors.
- Yellow Card: African crypto on/off-ramp and stablecoin payments platform built on Stellar rails. Closest direct competitor to Cowrie, as both serve African digital payments via the Stellar blockchain ecosystem.
- Korapay: Nigerian payment infrastructure provider offering APIs for collections, payouts, and verification. Directly comparable to Cowrie as a Lagos-based B2B fintech infrastructure player.
- Bitnob: African digital payments and Bitcoin/stablecoin remittance company serving Nigeria and other African markets. Overlaps with Cowrie on digital and crypto-rail money movement in Nigeria.
Broad incumbents
- Interswitch: One of Africa's largest electronic payment and digital commerce companies, providing switching, processing, and card services across multiple African markets. A broad incumbent in the same payments infrastructure category as Cowrie.
Emerging players
- Squad (formerly Kudimoney): Nigerian payment orchestration platform providing APIs for collections, payouts, and card issuing. An emerging player with partial overlap on the API-driven payment infrastructure Cowrie operates in.
- Mono: Nigerian fintech data and payments connectivity startup offering bank-data and payment-initiation APIs. Adjacent infrastructure provider that competes for the same developer audience as Cowrie in Nigeria.
Others
- Stellar Development Foundation: The Stellar network's development organization and Cowrie's disclosed investor. While not a direct competitor, SDF is an ecosystem participant whose priorities, grants, and technical direction materially shape the opportunity Cowrie is building on.
Market position
Customer concentration
Cowrie Integrated Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cowrie Integrated Systems leadership team
Management profileNumber of profiles
Profiles2 records
Cowrie Integrated Systems funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cowrie Integrated Systems M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cowrie Integrated Systems
What does Cowrie Integrated Systems do?
Cowrie Integrated Systems builds digital payment infrastructure. The company provides the technological foundation for processing digital payments, enabling electronic transactions for businesses in Nigeria. It is associated with the Stellar blockchain ecosystem as evidenced by its funding from Stellar Development Foundation.
When was Cowrie Integrated Systems founded?
Cowrie Integrated Systems was founded in 2015. It employs 11 to 50 people.
Where is Cowrie Integrated Systems based?
Cowrie Integrated Systems is headquartered in Lagos, Nigeria, in the Africa region.
Who are Cowrie Integrated Systems's main competitors?
Direct peers on record are Flutterwave, Paystack, Chipper Cash, Yellow Card, Korapay and Bitnob. Interswitch is listed as a broad incumbent. Emerging players are Squad (formerly Kudimoney) and Mono. Stellar Development Foundation is listed as an others.
Does Cowrie Integrated Systems have an API?
No public API is recorded for Cowrie Integrated Systems.
What industry is Cowrie Integrated Systems in?
Cowrie Integrated Systems's product category is Digital Payment Infrastructure. Its primary akta.pro industry code is FSAGABAC, Payment Processing & Acquiring Infrastructure, with a secondary code of FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets). Its NAICS code is 522320 and its SIC code is 6199.