Nsano
“Can a Ghana-founded mobile money aggregator become the dominant payment infrastructure layer connecting MTOs and businesses to 30+ African markets?”
Founded2013
HQAccra, Ghana
FoundersKofi Owusu-Nhyira
Total raised$250,000 (grant)
Latest roundRemittance Grant Facility, 2019
IndustryFintech / Cross-border payments
The story
Founded in 2013, Nsano started as a mobile money aggregator in Ghana, one of the first fintechs to navigate Africa's fragmented mobile money landscape. Over a decade, it evolved from a domestic payments processor into a pan-African payment infrastructure provider, connecting MTOs and businesses to 30+ markets via APIs for mobile money, bulk payments, and remittance termination. Its 2021 Bank of Ghana PSP (Enhanced) License and PCI DSS certification positioned it as a regulated backbone for cross-border digital payment flows across sub-Saharan Africa.
Last 12 months
Product timeline
2013
Nsano founded in Accra, Ghana as one of Africa's first fintech companies focusing on mobile financial services.· pivot
2019
Set up a fraud management center and achieved ISO 27001:2013 certification, signaling enterprise readiness.· banking
2019
Awarded $250,000 grant as part of the Remittance Grant Facility challenge, validating remittance corridor focus.· lending
2021
Received Payment Service Provider (Enhanced) License from the Bank of Ghana — one of the first Ghanaian fintechs to do so.· banking
2023
Celebrated 10 years of operations and announced expansion into Eastern and Southern Africa markets.· pivot
2025
Priscilla Hazel announced as CEO; company operating in 30+ countries with 20+ currencies and 5 regional offices.· pivot
Regulated entities
2
regulatory licences held by Nsano
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
1 layer disclosed in Nsano’s embedded-finance stack
Payments / PSP
Nsano (self-operated)
Accounting gap: none