Redtech, a Nigerian technology company backed by Heirs Holdings, has reported processing $20.6 billion (₦30 trillion) in transactions over the 2025 financial year, more than doubling its 2024 volume of ₦12 trillion.
The milestone positions the company among Nigeria’s highest-volume payment processors and underscores the growing maturity of digital payments infrastructure in the country.
Founded in 2020, Redtech provides businesses with technology to move money at scale, reducing payment failures, downtime, and reconciliation errors.
“This milestone reflects trust from businesses that rely on us to collect and move money at scale, and from partners who expect reliability every single day,” said Emmanuel Ojo, CEO, Redtech.
What you need need to know
The surge was driven by strong performance across Redtech’s payment platform, RedPay, which spans POS networks, merchant collections, and digital payment channels. By combining secure, scalable, and reliable technology with regulatory compliance, Redtech has demonstrated that it can operate effectively at national scale under high-volume conditions.
The company’s payment stack supports high transaction concurrency, automated failover, and real-time settlement, with redundant backend systems designed to maintain uptime during peak periods.
“We have built Redtech around durability, strong governance, and regularity alignment, so SMEs, enterprises, and regulated clients can grow on our rails without worrying about downtime or friction. With that foundation in place, we are ready to take this approach into more African markets,” said Emmanuel Ojo.
Early investments in resilient infrastructure, continuous product development, and regulatory compliance have allowed Redtech to maintain performance consistency while scaling. These systems underpin partnerships and distribution across banking and enterprise networks, supporting merchant acquisition and deep integrations without compromising reliability.
Transaction growth across sectors
Redtech’s 2025 growth was fuelled by a diverse mix of SMEs, enterprise customers, and financial institutions, spanning retail, hospitality, insurance, energy, public-sector-linked services, and banking.
The platform’s ability to manage complex transaction flows, including batch processing and reconciliations, highlights its capability to serve multiple sectors simultaneously while maintaining operational integrity.
The company attributes its success to continuous performance monitoring and data-driven optimisation, ensuring that growth does not outpace platform reliability. Compliance, regulatory alignment, and risk management have also been critical in building confidence among large enterprises and regulated industries.
Expansion ambitions across Africa
Looking ahead, Redtech plans to expand beyond Nigeria into 29 African countries by January 2027, with the goal of building a continent-wide payments capability. The company aims to support businesses operating across borders, sectors, and payment types, leveraging lessons from its national-scale operations.
Redtech operates across two core pillars: RedPay, its suite of payment solutions for businesses and consumers, and SITCOM, its integrated energy technology solutions for upstream oil and gas operators. The 2025 milestone reflects the company’s commitment to combining reliability, governance, and regulatory compliance as it prepares for pan-African growth.
Industry experts say Redtech’s performance signals a maturing Nigerian payments ecosystem, where local fintechs can now manage volumes previously thought to require multinational infrastructure.
By scaling both technology and operational trust, tech analysts say the company is laying the foundation for cross-border commerce and more resilient enterprise payment systems across Africa.
Talking Points
At Techparley, we see Redtech’s $20.6 billion transaction milestone as a clear signal that Nigeria’s payments infrastructure is maturing, with local fintechs now able to operate at volumes previously reserved for multinational processors.
The company’s growth underscores the importance of resilient, scalable infrastructure. By combining high transaction concurrency, automated failover, and real-time settlement, Redtech has demonstrated that reliability and compliance are critical enablers for enterprises, regulated sectors, and SMEs alike.
Redtech’s ability to manage diverse transaction flows across retail, energy, banking, hospitality, and public-sector-linked services highlights a core differentiator: it is designed for complexity at scale, not just volume. This positions it as a payments partner capable of supporting national and, eventually, pan-African operations.
Early investment in technology, regulatory alignment, and risk management has allowed Redtech to expand reach without compromising uptime or service quality, a critical factor in building trust among businesses and financial institutions.
Looking ahead, Redtech’s plans to expand into 29 African countries by 2027 illustrate the potential for Nigerian fintechs to lead on continent-wide payments solutions, creating infrastructure that supports cross-border commerce, enterprise adoption, and financial inclusion.
The broader takeaway is that scale, reliability, and governance are now central to competitive advantage in African fintech, not just product innovation. Redtech’s milestone offers a blueprint for other local fintechs aiming to move from capability building to operating at continental scale.
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