By Peace Udugba
Passpoint has announced its positioning as a financial orchestration layer for Africa, Europe, and the G20, introducing a unified platform designed to streamline cross-border financial operations.
The company made the announcement on May 5, 2026, in Lagos and London, describing the move as a significant step toward addressing fragmentation in global and African payment systems.
Passpoint said its platform integrates payments, compliance, liquidity management, and settlement into a single programmable control system, enabling businesses to operate seamlessly across multiple markets and currencies.
According to the company, the platform currently processes millions of dollars in annualised transaction volume for over 300 merchants across 16 corridors, including Nigeria, Kenya, Tanzania, Uganda, Cameroon, the XOF region, the European Union, the United Kingdom, and the United States.
Speaking on the development, Co-founder and Chief Executive Officer of Passpoint, Kelechi Uchegbulem, said the company was built to address the operational complexity businesses face when navigating fragmented payment systems across jurisdictions.
“The payments infrastructure challenge in Africa is not about moving money, but about governing it—ensuring intelligent routing, regulatory compliance, foreign exchange management, and predictable settlement across markets,” he said.
Passpoint noted that its orchestration layer provides a single integration that allows businesses to access multiple payment systems while embedding compliance and foreign exchange management directly into transaction processes.
The company added that the platform offers features such as intelligent payment routing, automated fallback systems, embedded compliance frameworks, multi-currency treasury management, and unified settlement and reconciliation.
Also speaking, Co-founder and Chief Commercial Officer, Adejuwon Oyebanjo, said the platform introduces a new category in financial technology—financial orchestration—designed to give businesses greater control over cross-border transactions.
He noted that businesses using the platform have reported improvements in transaction success rates, reduced foreign exchange costs, faster market entry, and lower operational overhead.
Passpoint stated that its infrastructure is built to handle both the complexities of African payment ecosystems and the compliance standards of global financial systems, positioning it as a bridge between regional and international markets.
The company’s operations span key African markets, including Nigeria, Kenya, Tanzania, Uganda, and several West African countries, as well as global regions such as the European Union, the United Kingdom, and the United States.
It added that it holds regulatory licences from the Central Bank of Nigeria and operates under financial compliance frameworks in multiple jurisdictions, including Canada and the European Union.
Passpoint said the platform is currently used by fintech firms, remittance operators, gaming platforms, marketplaces, and enterprises managing cross-border transactions.
The company described the launch as a milestone in simplifying cross-border financial operations and improving efficiency for businesses operating across Africa and global markets.
