eMoney Solutions Ltd
- Company typePrivate
- Founded2011
- HeadquartersPort Louis, Mauritius
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
eMoney Solutions Ltd firmographics
Firmographics- Name
- eMoney Solutions Ltd
- Legal name
- eMoney Solutions Ltd
- Website
- https://emoney-solutions.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
eMoney Solutions Ltd industry classification
Industry- Product category
- Digital Payment Platforms
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)
- akta.pro secondary industries
- Processor-Agnostic / White-Label Acquiring Platforms (Acquiring-as-a-Service) (FSAMABAI), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN), EMV Chip, Magstripe & PIN Debit Acceptance (FSAMADAG)
Keywords
Where eMoney Solutions Ltd is headquartered
LocationHeadquarters
- HQ city
- Port Louis
- HQ country
- Mauritius
- HQ region
- Africa
Offices1 record
Markets served
eMoney Solutions Ltd business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales, Supply Chain
Revenue model
- Transaction Processing: SaaS-based transaction processing services enabling remote transaction processing for companies of all sizes across Africa, charging fees for each transaction processed through the platform.
- Service Aggregation: PaaS-based API platform providing financial institutions, fintechs, and aggregators access to a range of value-added services including money transfers, utility payments, and tax payments. Revenue generated through API usage and integration fees.
- Payment Aggregation: Payment aggregation services enabling merchants to accept digital payments through POS terminals, phones, APIs, or online payment gateways. Revenue model based on transaction fees and platform usage.
- White Label Platform Licensing: Provides white label transactional platforms to financial institutions and electronic money issuers, enabling them to offer digital finance services under their own brand.
- Merchant Payment Acquiring: Merchant payment transaction acquiring and processing services for institutions hosting merchant accounts or e-wallets, providing hardware (POS terminals, cash registers) and software solutions.
Go-to-market motion3 records
Distribution channels6 records
Marketing channels6 records
eMoney Solutions Ltd product offering
Product offeringCore offering
eMoney Solutions Ltd builds and operates SaaS and PaaS-based digital finance platforms that enable financial institutions, fintechs, governments, and merchant service providers across Central and West Africa to offer white-label transactional services. The platforms deliver transaction processing, payment aggregation (cards, e-wallets, crypto), remittances, bill payments, mobile wallets, agency banking, merchant payment acquiring, and government fee collection through APIs, POS terminals, and online payment gateways.
Product overview
eMoney Solutions is a digital finance organization providing a multi-product platform designed to promote financial inclusion and a cashless economy in Africa. The platform is built around three core service categories: Transaction Processing (SaaS-based remote processing for companies of all sizes), Service Aggregation API (PaaS-based API for fintechs and financial institutions), and Payment Aggregation (PaaS/SaaS for merchant digital payments). The company offers specialized white label solutions including Remittances Platform, Bill Payments Solution, Merchant Payment Acquiring and Processing, Mobile Wallet Platform, Agency Banking, Branch Transactions Centralization, Government Services Integration, Agent Network Management, and POS Terminals/Online Payment Gateways. These products serve financial institutions, e-wallet providers, service providers, merchants, fintech organizations, governments, and merchant service providers across Central and West Africa.
Differentiator
Problem solved
Functional benefit
Products and services
- Transaction Processing SaaS-based remote transaction processing service enabling companies of all sizes to complete various transactions across Africa, including for unbanked individuals, through a simple interface.
- Service Aggregation API Platform-as-a-Service (PaaS) API offering financial institutions, fintechs, and aggregators a one-stop shop of value-added services including money transfers, utility bill payments, tax payments, and digital payment acceptance.
- Payment Aggregation PaaS or SaaS service enabling organizations to accept digital payments through payment terminals, phones with proprietary software, APIs, or online payment gateways, supporting credit cards, debit cards, prepaid cards, gift cards, e-money wallets, and cryptocurrency wallets.
- Remittances Platform White-label omnichannel person-to-person money transfer platform for financial institutions and electronic money issuers, available in closed or open-loop configurations.
- Bill Payments Solution Platform enabling payment of utility services such as water, electricity, telephone, and internet through multiple channels including local agents, mobile/web applications, and self-service ATMs.
- Merchant Payment Acquiring and Processing Backend transaction processing and merchant clearing service supporting POS terminals, cash registers, soft POS, payment gateways, and APIs with chip and PIN, QR code, and NFC technologies for merchant service providers.
- Mobile Wallet Platform White-label mobile wallet solution enabling banks and electronic money issuers to offer account services based on electronic money conversion, supporting balance inquiries, transfers, payments, withdrawals, and optional wallet-to-bank transfers.
- Agency Banking Solution allowing banks to extend banking services through partner agents, enabling cost-effective and secure provision of services to customers in peri-urban and rural areas.
- Branch Transactions Centralization Mobile terminal-based solution connected to the processing platform enabling all company branches to operate in connected mode with real-time visibility on collections.
- Government Services Integration Development of interfaces and APIs for government billing information digitalization and collection of government fees through digital payment means including cards, bank transfers, wallets, and cryptocurrencies.
- POS Terminals and Online Payment Gateways Hardware and software devices including point-of-sale terminals, cash registers, virtual POS (soft POS), and e-commerce payment gateways for merchant service providers.
- Agent Network Management Platform for managing networks of external agents (post offices, bank branches, rural cooperatives, mobile collectors) with multi-level network support and guarantee management for securing funds collected on behalf of the State.
Companies that use eMoney Solutions Ltd
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles4 records
eMoney Solutions Ltd technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
eMoney Solutions Ltd partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered flagship, core and secondary.
- GIM-UEMOAflagshipPartnership signed between the regional switch GIM-UEMOA and eMoney Solutions Ltd for the development of GIMPay. This is a flagship regional partnership for digital payment interoperability across UEMOA countries.
- Winstant LimitedcoreeMoney Solutions Ltd created a joint venture with Winstant Limited, expanding digital finance capabilities and market reach.
- Green PaycoreGreen Pay is a joint venture between eMoney Solutions and several other investors, initially established in Ivory Coast. It specializes in providing digital payment acceptance services. This is a core joint venture enabling merchant payment acceptance capabilities.
- OragroupcoreStrategic partnership with Oragroup (Orabank Group), a pan-African banking group operating across 12 countries. eMoney Solutions partnered with leading financial organizations to raise awareness of Fintech and its advantages.
- Niger PostcorePartnership with Niger Post (Niger Poste) to offer digital finance services through the postal network. Niger Post launched PosteMoney Mobile using an eMoney Solutions platform (30/10/2020).
- Bank of AfricacorePartnership with Bank of Africa Burkina Faso to promote Fintech and digital finance solutions. Bank of Africa is a major banking institution in West Africa.
- La Poste du BenincorePartnership with La Poste du Benin (Benin Postal Services) for digital finance services. They launched electricity bills payments using an eMoney Solutions platform (18/04/2010).
- CampostsecondaryPartnership with Campost (Cameroon Postal Services) to offer digital finance services through the postal network in Cameroon.
- La Poste de Cote d'IvoirecorePartnership with La Poste de Cote d'Ivoire (Ivory Coast Postal Services) to offer digital finance services through the postal network.
- EneosecondaryPartnership with Eneo (Cameroon utility company) for utility bill payment integration, enabling digital payments for electricity services.
- Cash PlussecondaryPartnership with Cash Plus (Morocco payment institution) to expand digital payment acceptance services in North Africa.
- ModenasecondaryPartnership with Modena (Mali merchant service provider) for merchant payment acceptance services in Mali.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
eMoney Solutions Ltd competitors and assessment
Company assessmentBroad incumbents
- Network International: Leading payment processor across the Middle East and Africa offering merchant acquiring, card processing, and digital payment solutions. Overlaps on merchant acquiring infrastructure and white-label platform distribution in Africa.
- Worldline: European-headquartered global payment processor offering merchant acquiring, payment orchestration, and financial services infrastructure. Comparable as a broad incumbent in payment processing, though Africa is not its primary focus.
- ACI Worldwide: Global provider of real-time electronic payment and digital banking software serving banks, intermediaries, merchants, and corporates. Comparable on transaction processing and bill payment platform technology, but operates globally rather than being Africa-specialised.
- Interswitch: Largest African payments incumbent offering payment processing, card issuance, and digital commerce infrastructure with broad geographic reach. Overlaps heavily with eMoney Solutions' transaction processing and merchant acquiring, but at much larger scale and product breadth.
Direct peers
- TagPay: White-label mobile money and digital banking platform provider serving banks and e-money issuers, particularly across Africa. Closely comparable on mobile wallet and agency banking white-label technology offering.
- TerraPay: Global cross-border payments network connecting banks, mobile wallets, and money transfer operators with strong African footprint. Directly comparable on remittance infrastructure and mobile wallet interoperability across African markets.
- Cellulant: Pan-African fintech providing white-label digital payment platforms (Tingg) for banks, mobile network operators, and governments across more than 35 countries. Highly comparable in product breadth (remittances, bill payments, merchant payments, mobile wallets) and target customer base.
- Flutterwave: African payment infrastructure provider offering payment processing, APIs, and merchant acquiring to businesses and fintechs across the continent. Comparable on PaaS-style payment aggregation and merchant acceptance but serves more private-sector merchants than postal/government clients.
- Onafriq (formerly MFS Africa): African cross-border payments network connecting mobile wallets, banks, and money transfer operators across 40+ countries. Closely comparable on money transfer, bill payment, and mobile wallet interoperability for African markets.
- Verto: Cross-border B2B payments platform for emerging markets including Africa, serving fintechs, banks, and businesses with payout and FX infrastructure. Comparable on multi-currency payment orchestration for emerging-market use cases.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
eMoney Solutions Ltd social profiles
Digital presenceeMoney Solutions Ltd financial estimates
Financial estimateRevenue estimate
Valuation estimate
eMoney Solutions Ltd leadership team
Management profileNumber of profiles
Profiles4 records
eMoney Solutions Ltd subsidiaries and ownership
Company hierarchySubsidiaries1 record
eMoney Solutions Ltd funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
eMoney Solutions Ltd 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 eMoney Solutions Ltd
What does eMoney Solutions Ltd do?
eMoney Solutions Ltd builds and operates SaaS and PaaS-based digital finance platforms that enable financial institutions, fintechs, governments, and merchant service providers across Central and West Africa to offer white-label transactional services. The platforms deliver transaction processing, payment aggregation (cards, e-wallets, crypto), remittances, bill payments, mobile wallets, agency banking, merchant payment acquiring, and government fee collection through APIs, POS terminals, and online payment gateways.
Is eMoney Solutions Ltd a public or private company?
eMoney Solutions Ltd is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was eMoney Solutions Ltd founded?
eMoney Solutions Ltd was founded in 2011. It employs 1 to 10 people.
Where is eMoney Solutions Ltd based?
eMoney Solutions Ltd is headquartered in Port Louis, Mauritius, in the Africa region.
How does eMoney Solutions Ltd make money?
Five revenue lines are on record. Transaction Processing is the primary driver. The others are service Aggregation, payment Aggregation, white Label Platform Licensing and merchant Payment Acquiring.
Who are eMoney Solutions Ltd's main competitors?
Broad incumbents on record are Network International, Worldline, ACI Worldwide and Interswitch. Direct peers are TagPay, TerraPay, Cellulant, Flutterwave, Onafriq (formerly MFS Africa) and Verto.
Does eMoney Solutions Ltd have an API?
Yes. eMoney Solutions offers an application programming interface (API) using a Platform as a Service (PaaS) approach for financial institutions, fintechs, and other aggregators to access a range of services including money transfer via partner networks, utility bill payments (electricity, water, TV, internet, insurance premiums), tax payments to government, and digital payment acceptance. The API serves as a 'one-stop shop' allowing clients to launch new services quickly with a diversified range of services. The payment aggregation service also utilizes APIs for integration with mobile applications and online payment gateways.
What industry is eMoney Solutions Ltd in?
eMoney Solutions Ltd's product category is Digital Payment Platforms. Its primary akta.pro industry code is FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets), with a secondary code of FSAMABAI, Processor-Agnostic / White-Label Acquiring Platforms (Acquiring-as-a-Service). Its NAICS code is 522320 and its SIC code is 7370.