SeerBit

What SeerBit does

SeerBit is a pan-African payment gateway platform headquartered in Lagos, Nigeria, that enables merchants and enterprises to accept digital payments across 12+ African countries including Nigeria, Ghana, Kenya, South Africa, Tanzania, Uganda, Senegal, Ivory Coast, and Burkina Faso. The platform operates on an API-first architecture supporting multiple payment methods — local and international cards, USSD, bank transfers, mobile money (MTN, M-Pesa, Airtel, Vodafone), and QR codes — across online and in-person channels. Core products include Online Payments, Checkout, Payment Links, Recurring Payments, Virtual Accounts, and PCI-compliant POS terminals, complemented by the Pocket multi-currency wallet, the SeerBit Alpha embedded financial services infrastructure, and free e-Shop and Invoicing tools for small merchants. The platform also offers industry-specific solutions for retail, education, travel, restaurants, lending, and global companies seeking to operate across African markets.

The company generates revenue primarily through transaction-based fees that vary by payment method and country (local payment methods 1.1%–2.5%, international cards 3.5%–4.8%, mobile money 2%–2.4%), with custom enterprise pricing for white-label and high-volume clients. Additional revenue streams include POS hardware sales and wallet/payout services. SeerBit pursues a hybrid go-to-market combining self-serve API onboarding for SMBs, dedicated field sales for enterprise clients, and white-label OEM partnerships for platforms embedding financial services. Key regulatory credentials include a PSSP license from the Central Bank of Nigeria and PCI-DSS certification. The customer base includes digital banks (Kuda Bank, FairMoney), large corporates (BUA Foods, Transcorp, Spectranet), international organizations (British Council, Wix, Sabre), restaurants (Bamboo, Dodo Pizza), and SMBs across retail and e-commerce. A strategic partnership with Sabre provides distribution into African travel and hospitality.

Name

SeerBit

Legal name

SeerBit

Website

https://seerbit.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

SeerBit is a pan-African payment gateway headquartered in Lagos, Nigeria, enabling merchants and enterprises across 12+ African countries to accept digital payments via cards, USSD, bank transfers, mobile money, and POS, with embedded financial services infrastructure.

Ownership category

akta.pro rank

Product category

Payment Processing

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

akta.pro primary industry

BNPL Merchant Enablement (Plugins, Gateways, Reconciliation) (FSAGAIAF)

akta.pro secondary industry

In-App / Online Checkout Wallets (FSAMAEAH)

Keywords

• Payment gateway
• Payment processing
• Digital payments
• Mobile money
• POS systems

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction Processing Fees: Percentage-based fees charged on each payment transaction processed through the platform. Fees vary by payment method (local cards, international cards, mobile money) and country. This is the primary revenue stream for the payment gateway.
2. POS Hardware and Services: Revenue from in-person payment acceptance via SeerBit POS terminals, including transaction fees on card-present transactions
3. Enterprise White-Label Solutions: Customizable pricing for enterprise clients requiring white-label payment infrastructure, digital banking products, and remittance platforms
4. Wallet and Payout Services: Bulk payouts and wallet-to-wallet transfers for businesses managing multi-branch organizations, marketplaces, and platform ecosystems

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

SeerBit is a pan-African payment gateway platform that enables merchants to collect and disburse payments online, in-person, and on mobile through a single API and unified dashboard. It supports cards, bank transfers, USSD, mobile money wallets, and POS hardware across multiple African markets, and offers a consumer wallet (Pocket) and merchant tools such as virtual accounts, recurring billing, and invoicing.

Product overview

SeerBit is a pan-African payment gateway platform offering a comprehensive suite of payment products and infrastructure for businesses across over 12 African countries. The platform operates on a unified architecture consisting of core payment processing products (Online Payments, In-Person Payments/POS, Checkout, Payment Links, Recurring Payments, Virtual Accounts) complemented by value-added services including Pocket (multi-currency wallet system), Alpha (embeddable financial services infrastructure), and e-Shop/Invoicing tools. Industry-specific solutions target Retail & E-Commerce, Education, Travel & Hospitality, Restaurants, Loan Companies, and Global Companies. The platform supports multiple payment methods including cards, USSD, bank transfers, direct debit, and mobile money, with developer-friendly APIs and plugins for platforms like WooCommerce and Wix.

Differentiator

Problem solved

Functional benefit

Brands

• SeerBit Alpha: Payment infrastructure solution enabling businesses to embed financial services

Products and services

• Online Payments Core online payment acceptance product that lets merchants collect card and alternative payments through the SeerBit gateway, exposed via APIs, SDKs, and e-commerce plugins. Designed for African and global merchants selling online across multiple African markets.
• Checkout Hosted and integrated checkout experience (available in Standard and Simple integration modes) that lets merchants accept payments on their website or app with support for cards, bank transfers, USSD, and mobile money.
• Payment Links Shareable payment URLs that merchants can send via email, SMS, or social channels to collect one-off or invoice payments without needing a full website integration.
• Recurring Payments Subscription and recurring billing product that automates repeat charges from customers on a schedule, supporting subscription businesses, SaaS billing, and installment collections.
• Virtual Accounts Virtual account numbers issued to merchants and platforms to receive, identify, and reconcile incoming payments, commonly used by marketplaces, lenders, and platforms managing payouts.
• In-Person Payments (POS) Physical POS terminals and accompanying software that let merchants accept in-person card and alternative payments at the point of sale, with backend reporting and reconciliation.
• Pocket Consumer-facing mobile wallet app that allows individuals to make payments, transfer funds, and pay bills, typically integrated with the SeerBit merchant and payment infrastructure.
• Alpha Merchant banking product offering banking-style services (such as accounts, payouts, and working capital features) to businesses operating on the SeerBit platform.
• e-Shop (Front Store) Ready-made online storefront product that enables small merchants to launch an e-commerce site and accept payments without building a website from scratch.
• Invoicing Merchant invoicing product that lets businesses create, send, and track invoices, with built-in online payment collection.

Quantifiable outcome

• 95% payment success rate for businesses integrating SeerBit
• +2 more outcomes

Named customers14 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature12 records

Partnerships

One partnership is on record.

• SabrecoreTechnology or IntegrationStrategic partnership with Sabre, a global leader in travel technology, enabling African travel and hospitality businesses to process payments through SeerBit's gateway. The partnership offers multi-currency support, robust security, and flexible payment options including one-time payments and subscriptions for travel bookings. SeerBit reports 95% payment success rates and serves 200+ African businesses through this integration.

Scale indicators3 records

Recent moves6 records

Expansion highlights12 records

Direct peers

• Paystack: Nigeria-founded (now Stripe-owned) payment gateway accepting cards, bank transfers, and mobile money across multiple African markets. Closest comparable to SeerBit in API-first developer experience, take-rate pricing, and Nigerian/West African merchant focus.
• Flutterwave: Pan-African payment gateway offering card, bank transfer, USSD, and mobile money acceptance plus APIs and developer tooling across 30+ African countries. Direct competitor to SeerBit in merchant-integrated online checkout, POS, and white-label payment infrastructure for African SMBs and enterprises.
• DPO Group: African-focused payment gateway providing merchant processing and hosted checkout for online and in-person payments across multiple African countries. Direct competitor serving SMB and enterprise merchants with comparable API and plugin-based integrations.
• Cellulant: Pan-African digital payments platform offering payment gateway, mobile money aggregation, and developer APIs for merchants and banks. Comparable to SeerBit in geographic breadth across African markets and emphasis on mobile money, USSD, and bank transfer acceptance.
• Chipper Cash: Pan-African cross-border payments platform enabling merchant and consumer payment acceptance plus remittances across African markets. Comparable to SeerBit's cross-border, multi-currency emphasis and developer-led approach to African payments, particularly Pocket wallet functionality.

Regional players

• Paga: Nigeria-focused mobile money and payment platform with merchant acquiring and developer APIs for accepting digital payments. Comparable in product depth within the Nigerian market but more geographically concentrated than SeerBit's pan-African footprint.

Broad incumbents

• Stripe: Global payments infrastructure leader with developer-first APIs, embedded finance products, and a substantial African footprint via Paystack. Indirectly comparable to SeerBit's API-first gateway and recently launched Alpha embedded finance offering, with vastly broader geographic scale.
• Interswitch: Established Nigerian payments incumbent processing cards, bank transfers, and POS across Africa with Verve network, Quickteller, and broad enterprise/government relationships. Larger, broader portfolio competitor that overlaps SeerBit's gateway and POS offerings with switching and core banking infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/getseerbit
• Facebookfacebook.com/SeerBit
• LinkedInlinkedin.com/company/seerbit
• Instagraminstagram.com/getseerbit

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about SeerBit