Redtech
“Can a Heirs Holdings / UBA-aligned payments platform become the merchant acquiring and virtual-account rail for Nigerian commerce?”
Founded2020
HQ22B, Idowu Taylor Street, Victoria Island, Lagos, Nigeria
IndustryFintech / Payments
The story
Redtech is a Heirs Holdings subsidiary building payments (RedPay) and oil & gas surveillance (SITCOM) for African markets. RedPay is the flagship, offering POS terminals, payment cards, e-commerce gateway, virtual accounts, and value-added services in Nigeria. The company operates as a licensed CBN payments provider and is deeply tied to the UBA / Heirs Holdings ecosystem.
Last 12 months
2025-05
Product timeline
2020
Redtech founded as subsidiary of Heirs Holdings, focused on payments and energy tech for Africa.· founding
2025
Launched 'Pay with MoMo' interoperability with MoMo PSB and UBA across 55,000+ merchant locations on RedPay POS.· banking
2025
Certified by FIRS as System Integrator and Access Point Provider for Nigeria's e-Invoicing Merchant Buyer Solution.· compliance
2026
Named among CNBC's World's Top 500 Fintech Companies 2026.· recognition
Regulated entities
1
regulatory licence held by Redtech
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in Redtech’s embedded-finance stack
Payments / PSP
Banking / BaaS
in the full report
Sponsor bank
in the full report
Accounting
in the full report
Accounting gap: minor
7 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.