Fetswallet
What it does
fets (Funds Electronic Transfer Services) was founded in 2011 to provide mobile money services across Nigeria under a CBN license. The company operates fetswallet, enabling consumer money transfers, bill payments, and payroll distribution alongside an extensive physical retail agent network. Notably, it was one of the first licensed mobile money operators in Nigeria.
Mobile moneyDigital wallets / e-walletsP2P transfersBill payments & aggregatorsAirtime & data resale (VTU)
Known for
- Early licensed CBN Mobile Money Operator
- fetswallet mobile payments app
- Enterprise payroll distribution portals
- Widespread retail agent network
Model & industry
Marketplace / Aggregator modelAll / Cross-industry