OMOA Group
OMOA Group is a privately-held digital payment provider serving banks, microfinance institutions, telecom operators, and fintechs across 11 African countries, offering ATM/POS deployment, transaction processing, card issuance, and cloud-based digital banking platforms.
- Company typePrivate
- Founded2005
- HeadquartersAbidjan
- Headcount101–250
- GTM typeB2B
- OfferingServices
What OMOA Group does
OMOA Group is a privately-held digital payment provider specializing in electronic payment processing and the secure management of ATM and POS networks across West and Central Africa. Founded in 2001 and legally domiciled in Luxembourg as SYRSE-OMOA GROUP, the company serves banks, microfinance institutions, telecom operators, and fintechs in 11 African countries through a vertically integrated payment ecosystem spanning hardware supply, transaction processing, card issuance, and strategic consulting. The leadership is anchored by CEO Bart Willems, with regional operating hubs in Abidjan (Côte d'Ivoire) and Douala (Cameroon), and 30+ technical centers across the region.
The product portfolio is organized around three service lines: Digital Devices & Solutions (NCR SelfServ ATM and Verifone POS deployment, multi-brand maintenance for NCR/Diebold/Wincor, and supervision platforms); Processing & Cards (a cloud-ready digital banking platform, multi-currency e-wallets, a Banking API Gateway, real-time multi-brand transaction orchestration across Visa, Mastercard, GIM-UEMOA, and GIMAC, with fraud prevention, SoftPOS, mobile money, and QR code support); and Strategic Consulting. Card personalization is centralized at the OPS (Operator Payment System) subsidiary in Lomé, Togo — the first private PCI-DSS and PCI-CP certified facility in sub-Saharan Africa — with reported capacity of 1.5 million cards per year and instant in-branch issuance under five minutes.
OMOA generates revenue from hardware sales and rental, transaction processing fees, card issuance, SaaS/cloud subscriptions, multi-brand maintenance contracts on multi-year SLAs (>99.7% field, >99.9% central), and consulting services. Distribution is exclusively direct enterprise field sales via a three-step Consultation–Customization–Implementation motion. The company reports 6M+ transactions processed annually, 100+ banking and financial institution clients, up to 98% ATM availability, and a customer satisfaction rate close to 100% during the COVID-19 period. OMOA has not disclosed any external funding rounds and operates as a founder-led private group.
OMOA Group firmographics
Firmographics- Name
- OMOA Group
- Legal name
- SYRSE-OMOA GROUP
- Website
- https://omoa-group.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- OMOA Group is a privately-held digital payment provider serving banks, microfinance institutions, telecom operators, and fintechs across 11 African countries, offering ATM/POS deployment, transaction processing, card issuance, and cloud-based digital banking platforms.
- Ownership category
- akta.pro rank
Where OMOA Group is headquartered
LocationHeadquarters
- HQ city
- Abidjan
Offices4 records
Markets served
OMOA Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Hardware sales (ATMs and POS terminals): Sale and rental of NCR SelfServ ATMs, POS terminals (fixed, mPOS, Android), including supply, installation, and commissioning. Rental model includes installation, maintenance, software updates, monitoring, and buy-out option.
- Transaction processing fees: Electronic payment processing through certified data centers handling transactions across Visa, Mastercard, GIM-UEMOA, GIMAC networks. Revenue is driven by transaction volumes processed annually (6M+ transactions).
- Card issuance and personalization: Card issuance services (instant in-branch and centralized from OPS in Lomé) covering debit, credit, prepaid, gift, and corporate cards for regional and international networks.
- Strategic consulting: Expert consulting services covering payment systems audits, digital transformation roadmaps, cost optimization, growth strategy, and PCI-DSS certification training programs.
- SaaS/Cloud subscription: All digital solutions (digital banking platform, supervision, TMS, GMAO) are available in SaaS/Cloud mode, providing financial institutions with secure, scalable, and cost-efficient access, reducing upfront infrastructure investment.
- Multi-brand maintenance contracts: SLA-based maintenance services (preventive and corrective) for ATM and POS networks across urban and rural areas, supported by 30+ technical centers. Response times of ~4 hours (urban) and 24 hours (rural) per SLA.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Field Services SLA — maintenance and support for ATM and POS networks |
| Other | Multi-year contract | Central payment services SLA — processing infrastructure |
| Other | Multi-year contract | ATM rental model |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
OMOA Group product offering
Product offeringCore offering
OMOA Group is a full digital payment provider supplying a vertically integrated payment ecosystem to financial institutions across Africa. The company delivers ATM and POS terminal deployment and multi-brand maintenance, real-time electronic payment processing, card issuance and personalization (instant and centralized), cloud-ready digital banking platforms, and strategic consulting. It operates 30+ technical centers across 11 African countries, supported by PCI-DSS/PCI-CPP certified processing facilities.
Product overview
OMOA Group is a Full Digital Payment Provider offering an integrated ecosystem of payment solutions across three main service lines: Digital Devices & Solutions (ATM and POS terminals with multi-brand maintenance and supervision), Processing & Cards (digital payment platforms, e-wallets, card issuance, real-time monitoring), and Strategic Consulting. The portfolio includes the Banking API Gateway for integration with telcos, fintechs and billers, cloud-based SaaS deployment options, and specialized subsidiary Operator Payment System (OPS) for certified processing and card personalization. The company operates across 11 African countries with 30+ technical centers.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Up to 98% ATM availability rate achieved through supervision tools and operational efficiency
- +6 more outcomes
Companies that use OMOA Group
Customer profileNamed customers13 records
Segments4 records
Ideal customer profiles4 records
OMOA Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability2 records
Feature8 records
OMOA Group partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, major and strategic.
- NCR AtleoscoreOMOA is the leading NCR Platinum-certified partner in French-speaking Africa, distributing NCR SelfServ ATM models (23, 27, 81, 82, 84, 88) and providing end-to-end ATM services including supply, installation, maintenance, and supervision. OMOA also provides NCR software environment support to other partners and clients in French-speaking Africa and beyond (Asia).
- VerifonecoreOMOA is a leading distributor of Verifone payment terminals and acceptance solutions across Africa. Verifone devices are certified for Visa, Mastercard, GIM-UEMOA, GIMAC, and Mobile Money.
- FeitiancoreFeitian provides digital security and card technology solutions to OMOA. Feitian is recognized for its expertise in secure payment cards and authentication solutions.
- EvolismajorEvolis provides card printing and personalization solutions for OMOA's card issuance operations across Africa.
- MaticamajorMatica provides card printing and issuance solutions that complement OMOA's card personalization capabilities.
- ThalescoreThales provides data, AI, connectivity, and cybersecurity technology for OMOA's payment infrastructure. OMOA collaborated with Thales (HSM) on GROUPE BPCE's regional T2SA HUB switch project in Cameroon.
- GIM-UEMOA (Groupement Interbancaire Monétique de l'UEMOA)coreGIM-UEMOA is the regional payment network for the West African Economic and Monetary Union. OMOA is an accredited partner enabling card issuance and transaction processing on the GIM-UEMOA network across UEMOA member states.
- GIMAC (Groupement Interbancaire Monétique de l'Afrique Centrale)coreGIMAC is the regional payment network for Central Africa. OMOA is an accredited partner enabling card issuance and transaction processing on the GIMAC network across CEMAC member states.
- Université de LoméstrategicOMOA's subsidiary OPS has a partnership with the University of Lomé in Togo for talent development and training. This collaboration supports the development of local payment technology expertise in sub-Saharan Africa.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
OMOA Group competitors and assessment
Company assessmentDirect peers
- Interswitch: Pan-African digital payments and commerce company operating across Nigeria, East Africa, and increasingly West Africa. Comparable to OMOA as a vertically integrated payment processor serving banks, with similar processing, card issuance, and switching capabilities, though larger scale and broader geographic footprint.
- Cellulant: Pan-African payment platform providing digital payment, mobile money, and banking API infrastructure across more than 35 African countries. Comparable to OMOA as an African-focused payment infrastructure provider serving banks and telecom operators with platform-based solutions.
- Onafriq (formerly MFS Africa): Pan-African mobile money and digital payments hub enabling interoperability across mobile wallets and bank accounts. Comparable to OMOA's payment orchestration and processing role, with deeper mobile money expertise but lighter ATM/POS hardware presence.
- DPO Group (Network International): Pan-African payment service provider offering merchant acquiring, payment processing, and online payment solutions to banks and merchants across multiple African countries. Comparable to OMOA in serving financial institutions with payment processing and gateway infrastructure in African markets.
Emerging players
- Flutterwave: African fintech providing payment infrastructure for businesses to send and receive money across the continent and globally. Comparable to OMOA in serving African payment flows, with stronger developer-facing API focus and broader merchant payment capabilities but less depth in ATM/POS hardware and bank infrastructure.
- Thunes: Cross-border payments network enabling real-time payments to mobile wallets and bank accounts across emerging markets including Africa. Comparable to OMOA in serving African payment flows and digital wallet interoperability, with a strong cross-border focus versus OMOA's domestic bank infrastructure focus.
Broad incumbents
- Network International: Middle East and Africa-focused payment processor offering merchant acquiring, card processing, and digital payment solutions. Comparable to OMOA in serving banks with payment processing infrastructure, though Network International has stronger MEA-wide scale and broader digital banking capabilities.
- Verifone: Global POS terminal manufacturer and payment acceptance solutions provider. Comparable to OMOA as a Verifone distribution and integration partner, with broader global scale but no on-the-ground payment processing and bank infrastructure services like OMOA.
- Worldline (Ingenico): European-headquartered global payment services and POS terminal provider with growing Africa presence. Comparable to OMOA on the POS/payment acceptance layer, though operating at vastly larger global scale and serving primarily enterprise merchants rather than specializing in African bank infrastructure.
- NCR Atleos: Global ATM and banking self-service hardware vendor and software provider spun out from NCR. Comparable to OMOA as a partner and indirectly as a competitor on the ATM hardware layer, though NCR operates broadly worldwide rather than specializing in French-speaking African markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
OMOA Group social profiles
Digital presenceOMOA Group compliance and trust
Trust signalCompliance8 records
OMOA Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
OMOA Group leadership team
Management profileNumber of profiles
Profiles8 records
OMOA Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
OMOA Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OMOA Group 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 OMOA Group
What does OMOA Group do?
OMOA Group is a full digital payment provider supplying a vertically integrated payment ecosystem to financial institutions across Africa. The company delivers ATM and POS terminal deployment and multi-brand maintenance, real-time electronic payment processing, card issuance and personalization (instant and centralized), cloud-ready digital banking platforms, and strategic consulting. It operates 30+ technical centers across 11 African countries, supported by PCI-DSS/PCI-CPP certified processing facilities.
Is OMOA Group a public or private company?
OMOA Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was OMOA Group founded?
OMOA Group was founded in 2005. It employs 101 to 250 people.
Where is OMOA Group based?
OMOA Group is headquartered in Abidjan.
How does OMOA Group make money?
Six revenue lines are on record. Hardware sales (ATMs and POS terminals) is the primary driver. The others are transaction processing fees, card issuance and personalization, strategic consulting, saaS/Cloud subscription and multi-brand maintenance contracts.
Who are OMOA Group's main competitors?
Direct peers on record are Interswitch, Cellulant, Onafriq (formerly MFS Africa) and DPO Group (Network International). Emerging players are Flutterwave and Thunes. Broad incumbents are Network International, Verifone, Worldline (Ingenico) and NCR Atleos.
Does OMOA Group have an API?
Yes. OMOA offers a Banking API Gateway that enables seamless integration with telcos, fintechs, billers, and third-party systems. The API Gateway allows POS integration into client systems, tailored to specific needs, enabling centralized payment management and tracking. The payment platform supports real-time transaction orchestration across card networks (Visa, Mastercard, GIM), fraud prevention integration, and emerging tools including SoftPOS, Mobile Money, and QR code technology.