Stransact

What Stransact does

Stransact Chartered Accountants is a Lagos-headquartered professional services firm and the RSM correspondent in Nigeria, providing audit & assurance, tax, and consulting services to enterprise and mid-market clients across 11+ industry verticals including oil and gas, financial services, healthcare, infrastructure, utilities, technology, transportation, and renewable energy. Founded in 2009 and operating with 101-250 employees from Victoria Island's Central Business District, the firm combines traditional chartered-accountancy work — statutory audit, internal audit, transfer pricing, tax compliance, forensic investigations — with adjacent advisory practices in M&A, valuation, cybersecurity, ESG, and governance, risk & compliance (GRC).

Revenue is generated through professional service fees, project-based consulting engagements, and managed services tied to regulatory mandates. Pricing is quote-based, determined by engagement scope and complexity, and structured as multi-year contracts in some cases. The firm uses a consultative enterprise field-sales motion, initiated via website consultations, RFP submissions, and direct outreach, with content marketing, SEO, social, email, and webinars as supporting channels. Customer segmentation is vertical-led, with enterprise and mid-market companies as the primary segment and SMEs as a secondary segment.

The technology layer is delivered through wholly-owned subsidiary Doftwerks, which provides the proprietary NRS E-Invoicing solution unifying System Integration (SI) and Access Point Provision (APP) for Nigeria's mandatory e-invoicing regime, plus digital transformation and cybersecurity consulting. In April 2026 Stransact and Doftwerks jointly achieved ISO/IEC 27001:2022 certification, validating an independently audited information security framework. Stransact is also a Licensed Data Protection Compliance Organisation (DPCO) accredited by the Nigeria Data Protection Commission (NDPC). In November 2025 the firm launched a Deals and Advisory Services unit led by partner Kalu Uwagwu, extending the firm into M&A advisory, capital raising, and transaction support with a West Africa regional remit.

Name

Stransact

Legal name

Stransact Chartered Accountants

Website

https://stransact.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

101–250 employees

Short description

Stransact Chartered Accountants is a Lagos-based RSM correspondent firm providing audit, tax, and consulting services to enterprise and mid-market clients across Nigeria and West Africa, with technology-enabled e-invoicing, data protection, and M&A advisory offerings.

Ownership category

akta.pro rank

Product category

Professional Services (Audit, Tax & Advisory)

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Custom Computer Programming Services (541511), Software Publishers (513210)

SIC

Finance Services (6199), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Audit Management (HDADAIAF)

akta.pro secondary industry

Governance, Risk & Compliance (GRC) & Security Management (EDAOAIAG)

Keywords

• Audit assurance services
• Tax advisory
• Management consulting
• E-invoicing solutions
• Data protection compliance

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Audit & Assurance Services: Full suite of audit and assurance services including statutory audit, internal audit, performance/operational audit, compliance audit, due diligence, agreed upon procedures, regulatory compliance, fraud & forensic investigations, and SME audit. Revenue generated through professional service fees based on engagement scope.
2. Tax Services: Comprehensive tax services including tax compliance, corporate income tax, transactions, transfer pricing compliance and strategy, investigation & dispute resolution, expatriate tax compliance, tax health check, and VAT compliance. Revenue generated through professional service fees and advisory retainers.
3. Consulting Services: Technology consulting, valuation & business modeling, governance, risk & compliance (GRC), IT & digital transformation, mergers & acquisition, cybersecurity, internal control advisory, business strategy & transformation, and performance improvement. Revenue generated through project-based consulting fees.
4. Deals and Advisory Services: Newly launched division focusing on mergers and acquisitions, capital raising, and transaction advisory services in Nigeria and West Africa, assisting companies with financial strategy and deal structuring.
5. NRS E-Invoicing Services: Complete e-invoicing solution providing system integration and access point provision for mandatory NRS compliance, generating revenue through implementation and ongoing service fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Stransact is a Nigerian professional services firm delivering audit & assurance, tax, and consulting services to enterprise and mid-market clients, operating as the RSM correspondent in Nigeria. It complements these services with a managed NRS e-invoicing solution (unifying System Integration and Access Point Provision), DPCO-licensed data protection advisory, and tailored Internal Control Over Financial Reporting (ICFR) solutions. Its technology arm, Doftwerks, develops and delivers the firm's proprietary digital platforms.

Product overview

Stransact is a professional services firm operating as an RSM correspondent in Nigeria, offering an integrated portfolio of audit & assurance, tax, and consulting services. The core service lines include Audit & Assurance Services (covering statutory audit, internal audit, forensic investigations, ESG audit), Tax Services (compliance, corporate income tax, transfer pricing, VAT), and Consulting (technology consulting, IT & digital transformation, cybersecurity, M&A, governance risk & compliance, business strategy). Supporting these are specialized offerings: the NRS E-Invoice Service for Nigeria's mandatory e-invoicing regime, Data Protection Advisory & Audits (DPCO-licensed by NDPC), and ICFR solutions for regulatory compliance. The recently launched Deals and Advisory Services Unit (November 2025) expands their M&A and capital advisory capabilities. The firm also provides industry-specific services across financial services, healthcare, energy, technology, and other sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit & Assurance Services

Quantifiable outcome

• ISO/IEC 27001:2022 certification provides board-level assurance to clients that sensitive financial and transactional data is protected

Segments12 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core and flagship.

• DoftwerkscoreTechnology or Integration · 7 April 2026Doftwerks is Stransact's technology subsidiary that develops and delivers technology solutions including NRS e-invoicing services. Together, Stransact and Doftwerks achieved ISO/IEC 27001:2022 certification, positioning them to support Nigeria's mandatory E-invoicing regime. Doftwerks handles technology development while Stransact provides professional services integration.
• RSM Global / RSMflagshipStrategic or Co-development PartnerStransact operates as the RSM correspondent firm in Nigeria, part of RSM Global network providing access to international standards, methodologies, industry-specific knowledge, and cutting-edge risk management strategies. This affiliation enhances audit quality through RSM Global Audit Methodology and provides global connectivity for clients.

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• BDO Nigeria: Mid-tier global audit, tax, and advisory network with a Nigerian member firm. Closely comparable to Stransact in target market (Nigerian corporates and SMEs), service mix (audit/tax/consulting), and positioning as an alternative to Big 4 for mid-cap engagements.
• Andersen Nigeria: Tax and advisory-focused international firm with Nigerian presence. Comparable in providing specialised tax compliance, transfer pricing, and advisory services to multinational and local clients in Nigeria.
• Baker Tilly Nigeria: Global mid-tier accounting network with Nigerian member firm offering audit, tax, and consulting services. Directly comparable service mix and target customer profile within the Nigerian mid-market.
• Grant Thornton Nigeria: Mid-tier global professional services network operating in Nigeria, offering audit, tax, and advisory services to enterprise and mid-market clients. Directly comparable to Stransact's RSM correspondent model and service breadth.
• Crowe Nigeria: Top-10 global accounting network with Nigerian presence providing audit, tax, and advisory services. Competes with Stransact for the same mid-market and enterprise audit and consulting mandates in Nigeria.
• Mazars Nigeria: International audit, tax, and advisory firm with Nigerian operations. Comparable mid-tier positioning, multinational methodology access, and similar enterprise/mid-market target segments as Stransact.

Broad incumbents

• EY Nigeria: Big 4 firm with Nigerian operations covering assurance, tax, transaction advisory, and consulting. Competes with Stransact for enterprise audit mandates and increasingly for GRC and digital transformation consulting work.
• Deloitte Nigeria: Big 4 professional services firm in Nigeria offering audit, tax, consulting, financial advisory, and risk services. Overlaps with Stransact across audit and tax but operates at much larger scale and brand recognition.
• PwC Nigeria: Big 4 firm with full-service Nigerian practice spanning audit, tax, deals advisory, and consulting. Direct competitor for large-cap audit and M&A advisory work where Stransact is now extending.
• KPMG Nigeria: Big 4 firm providing audit, tax, and advisory services in Nigeria, with strong presence in financial services and oil & gas—segments where Stransact also serves clients. Sets the upper bound on enterprise-engagement pricing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/stransactng
• Facebookm.facebook.com/StransactNigeria
• LinkedInlinkedin.com/company/stransact-partners
• Instagraminstagram.com/stransactng

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

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 Stransact