ErrandPay
“Can a CBN-licensed white-label stack become the default infrastructure for Nigeria's agent-banking and MFB fintech operators?”
Founded2019
HQLagos, Nigeria
IndustryInfrastructure / BaaS
The story
ErrandPay launched in 2019 as a cross-border payments product for intra-African traders and travellers, offering multi-currency wallet functionality. It has since pivoted into a CBN-licensed white-label payments and agency-banking infrastructure provider, powering hundreds of Nigerian microfinance banks, MFIs, and fintech startups with POS terminals, mobile apps, back-office dashboards, and KYC — a BaaS-style stack targeted at Nigeria's 41M-strong agent/trader network.
Last 12 months
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Product timeline
2019
ErrandPay founded in Nigeria to provide payment infrastructure to traders, agents and fintechs.· founding
2022
Published privacy policy for the merchant white-label solution.· product
Regulated entities
1
regulatory licence held by ErrandPay
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in ErrandPay’s embedded-finance stack
Payments / PSP
ErrandPay (self-operated)
Banking / BaaS
in the full report
Lending
in the full report
KYC
in the full report
Accounting gap: significant
4 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.