Payaza Africa secures ‘A’ credit ratings from multiple agencies

Payaza Africa has secured an ‘A’ credit rating from multiple agencies, bolstering its position and reflecting increased confidence in the fintech financial strength and operational resilience.

The upgrades include DataPro raising its rating from A to AA-, Intelligence Africa assigning an A- investment-grade rating, while both Agusto and GCR (a Moody’s affiliate) upgraded the company from BBB to A-. Credit ratings assess a company’s ability to meet financial obligations and provide guidance to lenders and investors on credit risks.

In a statement, Payaza described the ratings as validation of its disciplined growth strategy and operational strength in Nigeria’s competitive fintech sector. The upgrades, it said, enhance its position as a scalable, future-ready payments platform with growing relevance across Africa and globally.

Commenting on the development, Seyi Ebenezer, chief executive officer, Payaza Africa, said the ratings reflect years of deliberate effort to build a sustainable and globally competitive institution.

“This milestone is a strong affirmation of the work we have done to build Payaza on a foundation of discipline, trust, and long-term value creation. Receiving these upgraded ratings sends a clear message that Payaza is not only growing, but growing with strength, structure,and sustainability,” he said.

He added that the recognition underscores the company’s strategic execution and robust risk management practices.
“Over time, our ratings journey has reflected more than strong financial performance. It speaks to a business built on disciplined execution, prudent management, and the ability to scale responsibly in a dynamic market,” Ebenezer noted.

“These new ratings are expected to further strengthen Payaza’s standing with investors,regulators, partners, enterprise clients, and the wider financial community.

“In a sector where trust, resilience, and compliance are increasingly central to long-term success, independent ratings remain a powerful endorsement of a company’s ability to manage risk, meet obligations, and sustain growth,” Ebenezer said.

Payaza Africa provides payment infrastructure solutions, including collections, payouts, embedded finance, and digital commerce enablement for businesses across the continent.

The company has expanded its product suite with offerings such as Payaza Checkout, Chat and Pay by Payaza for WhatsApp transactions, Payaza Give for donations, and Shopaza, its e-commerce platform designed to help businesses sell and receive payments more efficiently.