Redtech sets sights on 29 African markets, says mergers and acquisitions on the table
Tech • 3d ago
Acquisitions are on the table for Redtech Ltd as the fintech plans an expansion drive that will see it enter 29 African countries by 2027.
The Lagos-based payments company, backed by Heirs Holdings, is positioning itself for continental scale following a breakout 2025 financial year in which it processed ₦30 trillion ($20.6 billion) in transactions, more than double the ₦12 trillion ($8.2 billion) recorded in 2024.
Speaking in an interview with Techpoint Africa, CEO Emmanuel Ojo confirmed that mergers and acquisitions are part of Redtech’s expansion playbook.
“It’s all on the table,” he said when asked whether acquisitions could feature in the company’s growth strategy.
Redtech currently operates primarily through RedPay, its payments platform offering POS terminals, merchant collectio...