Apex Network Limited
“Can a Nigerian crypto and gift-card exchange evolve into the cross-border consumer wallet of choice for Africa?”
Founded2018
HQLagos, Nigeria
FoundersEfemena Abraham
IndustryFintech / Crypto
The story
Apex Network was founded in 2018 by Efemena Abraham as a Nigerian crypto and gift card exchange. It has expanded into a broader consumer fintech in Africa (Nigeria, Ghana, Cameroon, Zambia) with utility bill payments, airtime top-ups and a virtual USD card for cross-border purchases. Its embedded finance footprint is narrow — largely a consumer wallet with a USD virtual card program — and there is no public disclosure of underlying BaaS/issuer partners.
Product timeline
2018
Apex Network founded in Nigeria as a cryptocurrency and gift card trading platform.· pivot
2024
Launched Apex Virtual Dollar Card for international online payments.· card
2026
Launched 'Apex No Small' campaign celebrating six years of operations across Africa.· pivot
The stack
1 layer disclosed in Apex Network Limited’s embedded-finance stack
Payments / PSP
Apex Wallet (self-operated)
Accounting gap: none