Founded in 2018 in Lagos, Roqqu, a cryptocurrency exchange platform, emerged from a simple idea: to help simplify crypto transactions and enable seamless cross-border payments for Africans.
Today, it is one of Nigeria’s most widely used exchanges, with 1.7 million registered users, 141+ crypto assets, and over 150 team members.
“Roqqu is the fastest and easiest way to buy, sell and securely store your Bitcoin and other cryptocurrencies,” the company’s LinkedIn profile says.
While much of Africa’s crypto story is shaped by external platforms, Roqqu is part of a growing movement of homegrown fintech innovators building infrastructure from within.
What Roqqu Offers
According to the company, it offers a robust set of features tailored for both beginner and seasoned crypto users.
The platform allows users to buy, sell, send, receive, and swap cryptocurrencies, including top assets like USDT, BTC, ETH, and dozens of altcoins. The platform currently supports over 141+ crypto assets.
“We want to help millions of people engage with this Web3 economy for the benefit of the continent and everyone in it,” says Benjamin Onomor, CEO of Roqqu.
Roqqu’s User Features
From launch, Roqqu distinguished itself with localized features: quick crypto-to-naira withdrawals, credit and debit card top-ups, and integration with Nigeria’s banking rails.
At the heart of Roqqu’s long-term strategy is the goal of enabling seamless global payments for Africans. The company’s momentum isn’t limited to Nigeria alone.
Roqqu has gained significant traction in Ghana, with ambitions to scale further across East and Southern Africa, including Kenya, South Africa, Uganda, and Rwanda.
The Flitaa Acquisition
Recently, Roqqu acquired Flitaa, a Kenyan-based crypto exchange. Though undisclosed, analysts peg the deal at $85,000–$350,000.
“We’re not just building to expand to Europe,” Ayo Shonibare, Roqqu’s chief marketing officer, said. “We also want to expand into our home base [Africa], so it only makes sense that in our quest for this expansion, we also expand into our own home territory.”
By acquiring Flitaa, Roqqu sidestepped Kenya’a Virtual Asset Service Provider licensing process, and secured M-PESA integration. Flitaa’s 72,000 users and 560,000 monthly transactions gave Roqqu instant scale.
Why Roqqu Matters
Roqqu isn’t just building an exchange, it’s helping shape Africa’s digital financial future. Here’s why it matters in the crypto space:
- Enables fast crypto-to-naira withdrawals and seamless integration with African banks and mobile money platforms like M-PESA.
- Built for mobile-first users with intuitive features and low onboarding barriers across both Android and iOS.
- Supports fast, affordable digital payments across African borders, enabling remittances and regional trade.
- Offers referral bonuses and fee subsidies to reward and grow its grassroots community.
- Operated by Africans, for Africans—focused on local realities, not foreign playbooks.
Africa’s Booming Crypto Market and Roqqu’s Strategic Position
Africa’s cryptocurrency landscape is undergoing significant growth. According to 6WResearch, Africa’s cryptocurrency market is projected to grow from approximately $2.5 billion in 2025 to around $11 billion by 2031.
In this market, Roqqu has positioned itself as a leading player. However, it operates in a competitive market, as other platforms like Binance, Paxful, Busha, Quidax, and others are also competing for dominance.
According to experts, Roqqu exemplifies a new wave of African crypto platforms, and it could become the continent’s first truly pan-African crypto infrastructure company.
If the platform continues on its current trajectory, it won’t just be one of Africa’s top crypto exchanges, it could become a key driver of the continent’s financial future, analysts added.
Talking Points
Roqqu’s growth reflects the rise of African-built crypto infrastructure focused on solving real-world financial challenges across the continent.
At Techparley, we see Roqqu as a signal that Africa’s fintech ecosystem is maturing, with homegrown platforms now capable of building and scaling solutions tailored for African users.
Its acquisition of Flitaa shows strategic foresight. By bypassing regulatory delays and gaining M-PESA access, Roqqu positioned itself for deep penetration into East Africa with minimal friction.
Features like fast crypto-to-naira withdrawals, NFT trading, and multilingual access make it attractive to both new and experienced users in diverse markets.
As Roqqu continues to expand, its strategy, strong product offering, and operational speed may well define the next wave of crypto innovation across the continent.
