← Embedded Finance Index 2026

Zedcrest Group

Can a Nigerian capital-markets house become a globally connected African financial services powerhouse spanning trading, lending, wealth and cross-border payments?

Founded2013
HQLagos, Nigeria
IndustryFintech / Investment
The story

Zedcrest was founded in 2013 as a fixed-income trading firm in Lagos and grew into a diversified African financial services group spanning securities trading, investment management, investment banking, proprietary investments and consumer/SME lending (Zedvance). In 2025 Zedvance shifted 100% of its active loan portfolio to SMEs and ecosystem enablers, signalling a strategic focus on mid-market business finance. In 2026 the group completed its acquisition of UK-founded cross-border payments platform Leatherback, moving Zedcrest from a Nigeria-centric capital-markets house toward a globally connected fintech ecosystem.

Last 12 months
2026-07
2025
Product timeline
2013
Zedcrest founded in Victoria Island, Lagos as a small trading company· founding
2014
Zedvance Finance Limited launched as consumer/SME digital lender· lending
2021
Made initial investment in Leatherback, UK-founded global payments platform· investment
2022
Launched $10M Knight Fund for pre-Series A African startups· investment
2024
Zedvance showcased liquidity/credit solutions at GITEX Africa 2024· lending
2025
Zedvance pivoted to allocate 100% of active loan portfolio to SMEs and ecosystem enablers· pivot
2026
Completed acquisition of Leatherback, expanding into global cross-border payments· acquisition
Acquisitions
Leatherback2026
UK-founded global cross-border payments and financial technology platform for individuals and businesses across multiple markets
Regulated entities
1
regulatory licence held by Zedcrest Group
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in Zedcrest Group’s embedded-finance stack
Payments / PSP
Leatherback (in-house)
Lending
in the full report
FX & payouts
in the full report
Investing
in the full report
Accounting gap: none
8 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.