YEAR IN REVIEW
In 2022, we went on a journey to powerthe dreams of businesses across Nigeria.
$100
BILLION
processed in 2022
$1.4 BILLION
in disbursed loans with a default rate of <1%
$613
MILLION
via web payment monthly
$827
MILLION
in cardless (POS) transfers
8k
transactions per minute
We processed an average of 8000 transactions per minute. We became the leading funds transfer platform on NIBSS.
1.7
billion transactions
were processed on our platform In 2022.
55
million unique cards
were used on our terminals.
We powered 592,677 businesses across 15+ industries
We helped businesses grow in diverse industries, including Agriculture, Construction, Education, Fashion and Beauty, Financial Services, Food and Drinks, Healthcare, IT/Electronics, Manufacturing, Non-Profit, Oil and Gas, Religious Institutions, Travel and Hospitality.
Some of the businesses using our products are:
Top stories from our business owners
Here’s how we powered their dreams in 2022
962
Employees
in over 6 countries.
We grew from 638 employees in January to 962 employees in December, located in different parts of the world.
Top company
to work for
As named by LinkedIn
Awards &
Recognitions
The National Inclusive Payment Initiative Award
Central Bank of Nigeria
Excellence in Digital banking Award
Africa Fintech Summit
Listed as a Top Fintech Globally
CBInsights
Nominated as Disrupter of the Year
Africa Financial Industry Summit
Recognized as an EMEA 60 Leader
PYMNTS
INVESTORS
We became QED’s first investment in Africa
We’re also backed by:
