Payaza Achieves New Double Ratings: Releases Ground Breaking Features for African businesses. - Wire Nigeria

Payaza Achieves New Double Ratings: Releases Ground Breaking Features for African businesses.

20 April 2026

Payaza, a leading payments infrastructure company, has strengthened its market...

Payaza Achieves New Double Ratings: Releases Ground Breaking Features for African businesses.

Payaza, a leading payments infrastructure company, has strengthened its market position with two major rating milestones: a DataPro upgrade from A to AA- and an A- investment-grade credit rating from Intelligent Africa. These recognitions mark the company’s fourth credit rating, further validating Payaza’s financial strength, operational discipline, governance standards, and long-term strategic direction.

The latest ratings build on Payaza’s growing track record of institutional credibility, reinforcing confidence in its business model, performance, and resilience. Together, they position the company as a stable, future-ready player within Africa’s financial services ecosystem and a brand with increasing relevance in the global fintech space.

According to the Chief Executive Officer of Payaza Africa – Mr. Seyi Ebenezer:

“This milestone is a strong affirmation of the work we have done to build Payaza on a foundation of discipline, trust, and long-term value creation. Receiving our latest rating, sends a clear message that Payaza is not only growing, but growing with strength, structure, and sustainability. For us, this is bigger than recognition. It reflects our commitment to building a world-class institution that can compete globally while continuing to serve businesses and consumers across the continent with excellence.”

Beyond the ratings, Payaza is also expanding its innovation footprint with the introduction of “Chat and Pay by Payaza,” a new payment feature that enables merchants accept payments and generate receipts for their customers directly from WhatsApp. The company is also rolling out a new storefront solution for business owners, called Shopaza. This platform enables business owners and merchants to sell products and collect payments with greater ease. These additions reflect Payaza’s continued focus on building practical, accessible tools that simplify commerce for businesses and consumers alike.

Over time, Payaza’s ratings journey has reflected more than strong financial p...

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