Financial technology firm Xpress Payment Solutions Limited has pledged to accelerate the deployment of secure and frictionless transaction platforms as Nigeria’s cashless economy continues to expand.
The company said its next phase of growth will focus on building smarter payment systems designed to remove barriers for underserved businesses and individuals across the country.
Operating under the Central Bank of Nigeria’s premium Switching and Processing licence category, Xpress Payments disclosed this in a statement ahead of its 10th anniversary celebrations.
The Managing Director and Chief Executive Officer of Xpress Payment Solutions Limited, Wale Olayisade, said the milestone represents more than a corporate anniversary, describing it as a reflection of innovation, trust, and long-standing partnerships.
“Our 10-year milestone represents far more than a corporate anniversary; it is a celebration of innovation, partnerships, trust, and the transformative power of technology,” Olayisade said. “Reaching this point is a clear testament to the resilience of our team and the unwavering trust placed in us by millions of Nigerians who rely on our platforms daily.”
Founded in 2016, the firm has grown within Nigeria’s fast-expanding fintech ecosystem, driven by regulatory reforms promoting cashless transactions and rising mobile penetration.
Xpress Payments operates as a transaction switcher, payment solution service provider, and non-bank acquiring agent, supporting electronic collections and disbursements for both corporate organisations and government institutions.
Industry analysts say the next phase of fintech growth in Nigeria will depend on stronger security systems, intelligent transaction routing, and improved infrastructure to meet rising demand and competition.
Olayisade said the company remains committed to simplifying payments and enabling broader financial access across the country.
“As we celebrate Xpress @10, we are not just looking back at what we have achieved; we are actively doubling down on our mission to simplify and enable smarter payments,” he said. “We seek a digitally empowered Nigeria where transactions are effortless, cost-effective, and where economic opportunities remain boundless for everyone.”
As part of its anniversary programme, the company announced a series of activities including corporate social responsibility initiatives, public lectures on financial inclusion, and industry discussions on payment innovation and revenue collection systems.
The celebration will conclude with a gala night in Lagos, bringing together partners, regulators, and stakeholders in Nigeria’s financial technology ecosystem.
The company added that the payments industry will remain central to Nigeria’s digital economy, stressing its continued focus on building scalable solutions that support merchants, government revenue systems, and broader financial inclusion.
