eSettlement
Powering agency banking networks, merchant acquiring, and cloud payment processing across West Africa
What it does
eSettlement Group was founded in 2011 by Olaoluwa Awojoodu to build end-to-end payment processing infrastructure across West Africa. The company powers merchant collections, automated settlement systems, and agency banking networks through brands like PayCentre. It is widely recognized for pioneering agent network deployments in unbanked and underserved regions in Nigeria.
paymentsapi
Known for
- PayCentre agency banking network
- Merchant payment collection systems
- Automated settlement infrastructure
- Financial inclusion initiatives
Model & industry
Infrastructure-as-a-Service (fintech rails)Banking & Financial Services
Products & subsidiaries
PayCentre · Agency Banking PlatformPayberry · Merchant Acquiring Engine