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Onafriq shuts down its Nigerian agent banking business after five years

2026-10-16T13:45:55.000Z

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From TechCabal · Latest

Baxi was one of Onafriq's large bets on Nigeria's offline payments economy, built around the idea that a vast network of agents could bring financial services to customers who still relied heavily on cash.

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Technology · Editorial illustration

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Published
2026-10-16T13:45:55.000Z
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Places: Nigeria

Sources and further reading

  1. TechCabal · Latest — Onafriq shuts down its Nigerian agent banking business after five years