African Payment Gateway

What African Payment Gateway does

African Payment Gateway SA (APG) is a Senegal-incorporated, privately held B2B payment infrastructure provider headquartered in Dakar that operates an API-first platform spanning the full African digital payments value chain. Its product portfolio comprises eight integrated modules — Processing Monétique (card processing), Digital Payments, APIs & Interoperability, Security by Design, Switching & Processing, Émission & Acceptation (card issuance and acquiring), Wallets/APIs & Digital Services, and Sécurité & Conformité PCI DSS — collectively enabling the company to conceive, operate, and secure digital payment infrastructure for African markets.

The platform is designed for interoperability across fragmented African payment ecosystems, targeting three primary B2B segments: financial institutions (banks) requiring processing, switching, and PCI-compliant infrastructure; mobile money operators needing cross-platform interoperability and switching; and African merchants and businesses requiring digital payment acceptance and API integration. The underlying architecture emphasizes API-first design, PCI DSS-aligned security, and integration across diverse payment networks.

APG generates revenue through transaction-based processing fees on payments routed, switched, issued, and accepted across its infrastructure. It distributes services through direct enterprise sales and API integration rather than self-serve or marketplace channels, with pricing handled on a contact basis. The company's digital presence is currently undergoing a full redesign ("Site en refonte") while services remain operational, signaling a brand and positioning upgrade concurrent with continued client servicing.

Name

African Payment Gateway

Legal name

African Payment Gateway SA

Website

https://afripayway.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

African Payment Gateway SA is a Senegal-based B2B payment infrastructure provider offering API-first processing, switching, card issuance, acceptance, and digital wallet services to banks, mobile money operators, and merchants across African markets.

Ownership category

akta.pro rank

Product category

Payment Processing Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Credit Card Issuing (522210)

SIC

Finance Services (6199)

akta.pro primary industry

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)

akta.pro secondary industries

Payment Gateways & API Connectivity (FSAGABAB), Alternative Payment Method (APM) Acquiring (e.g., BNPL, wallets, local methods) (FSAMABAL)

Keywords

• Payment processing infrastructure
• Digital payment gateway
• Payment switching services
• Card issuance acquiring
• PCI DSS compliance

Headquarters

HQ city

Dakar

HQ country

Senegal

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations

Revenue model

1. Payment Processing Fees: Transaction-based fees charged for processing digital payments through the APG infrastructure platform. The company operates as a payment gateway charging fees per transaction processed for switching, issuance, and acceptance services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

African Payment Gateway (APG) provides end-to-end digital payment infrastructure for the African market, including card payment processing (monetic), transaction switching, card issuance and acceptance, digital wallet services, and API-based interoperability solutions. The platform is PCI DSS compliant and targets banks, financial institutions, mobile money operators, and merchants across the African continent.

Product overview

African Payment Gateway (APG) operates as a unified digital payment infrastructure platform providing comprehensive payment processing services for the African market. The portfolio consists of eight integrated service offerings: Processing Monétique (monetic transaction processing), Digital Payments, APIs & Interopérabilité (system integration), Security by Design, Switching & Processing, Émission & Acceptation (card issuing and acquiring), Wallets APIs & Services Digitaux, and Sécurité & Conformité PCI DSS. These modules collectively enable APG to conceive, operate, and secure Africa's digital payment infrastructure from its Dakar, Senegal headquarters.

Differentiator

Problem solved

Functional benefit

Products and services

• Payment Processing and Switching
• Payment APIs and Interoperability
• Card Issuance and Acceptance (Émission & Acceptation)
• Digital Wallets and Digital Services
• Payment Security and PCI DSS Compliance

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• Interswitch: Largest pan-African payment processing, switching, and card issuance platform headquartered in Nigeria. Directly competes with APG across processing, switching, issuance, and acceptance, serving the same bank and merchant segments across multiple African markets.
• Flutterwave: Pan-African payment gateway and processing infrastructure serving merchants and businesses. Competes directly with APG in API-based digital payment acceptance and multi-country African payment processing.
• Paystack: Africa-focused payment gateway (acquired by Stripe) offering API-based payment processing for businesses and merchants. Direct competitor in the merchant payment gateway and digital acceptance space.
• Cellulant: Pan-African digital payments platform providing payment processing, mobile money, and banking infrastructure across multiple African markets. Directly comparable to APG in payment switching and API-driven infrastructure.
• Onafriq (formerly MFS Africa): Africa's largest mobile money interoperability and cross-border payment network. Directly competes with APG in mobile money switching and cross-network payment interoperability, serving operators and financial institutions.
• DPO Pay (now part of Network International): Pan-African payment service provider offering merchant acquiring and gateway services across multiple African countries. Direct competitor in API-based digital payment processing for African merchants.
• Peach Payments: African payment gateway providing API-based payment processing for online and in-person merchants. Directly competes with APG in the merchant payment gateway space across Southern and East Africa.

Broad incumbents

• Network International: Established payment processor and acquirer with significant African operations. A broader incumbent offering merchant acquiring, processing, and issuance services that overlaps with APG's switching and processing capabilities.
• Visa Direct / Mastercard Send: Global card network push-payment services that compete at the network layer with APG's switching and processing offerings. Relevant incumbent for card-rail interoperability in African markets.

Emerging players

• Verto: Cross-border B2B payments platform with African operations, providing API-driven payment infrastructure for businesses. Partially overlapping with APG in cross-border and merchant payment infrastructure for African markets.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/african-payment-gateway-sa

Compliance1 record

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 African Payment Gateway