Blusalt Financial Services Limited
“Can a single API layer become the default BaaS / card-issuing infrastructure for African fintechs and enterprises?”
Founded2019
HQLagos, Nigeria
IndustryInfrastructure / BaaS
The story
Blusalt is a Nigeria-based embedded fintech infrastructure provider offering BaaS, card issuing, payments, wallets and onboarding APIs to fintechs, banks, marketplaces and enterprises across Africa. It positions itself as the 'bank relationship' layer for African fintechs, with a UK office suggesting cross-border ambitions. The company operates as a full-stack provider that both fronts partner banks and runs its own card-issuing rails via ISO8583 integrations.
Last 12 months
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Product timeline
2019
Blusalt founded in Lagos as a digital financial and payments infrastructure platform.· founding
The stack
5 layers disclosed in Blusalt Financial Services Limited’s embedded-finance stack
Payments / PSP
Blusalt Payments (self-operated)
Banking / BaaS
in the full report
Card issuing
in the full report
Lending
in the full report
FX & payouts
in the full report
Accounting gap: significant
4 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.