PayDunya
“Can a Francophone West African payment aggregator become the default digital payments infrastructure layer for businesses operating across the UEMOA region?”
Founded2015
HQDakar, Senegal
FoundersYarou Aziz Yerima N'Gobi
Latest roundAccelerator/Incubator backed (formerly)
IndustryFintech / Cross-border payments
The story
Founded in 2015 after its founders experienced first-hand the exclusion of Africans without bank cards from online commerce, PayDunya built a mobile-money-first payment aggregator for Francophone West Africa. The platform expanded across six UEMOA countries serving 4,000+ B2B clients with payment collection, bulk disbursements, and an e-commerce storefront product. In April 2025, PayDunya was acquired by South African paytech Peach Payments, becoming its entry vehicle into the Francophone African market and its third acquisition since a $31M Series A in 2023.
Product timeline
2013
Concept conceived after founders encountered barriers paying for web hosting without a bank card in Senegal.· pivot
2015
PayDunya officially founded as a digital payment aggregator, initially serving Senegal.· banking
2018
Incorporated as PAYDUNYA SERVICES INTERNATIONAL SAS under Senegalese law (RCCM SN-DKR-2018-B-24364).· banking
2021
Became profitable within three years of launch and expanded to six Francophone West African countries (Senegal, Côte d'Ivoire, Benin, Burkina Faso, Togo, Mali).· pivot
2024
Achieved PCI DSS Level 1 Version 4.0.1 certification.· banking
2025
Acquired by South African payments infrastructure provider Peach Payments for an undisclosed sum, marking Peach Payments' entry into Francophone Africa.· acquisition
Regulated entities
1
regulatory licence held by PayDunya
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
1 layer disclosed in PayDunya’s embedded-finance stack
Payments / PSP
PayDunya (self-operated)
Accounting gap: significant