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Itex

ActiveFintechPaymentsLagos, LagosFounded 2007

What it does

ITex (Integrated Xchange Services) is a Nigerian payment processing company licensed by the Central Bank of Nigeria as a super-agent and payment solution service provider. The company provides payment infrastructure including POS terminal deployment, agency banking services, and payment gateway solutions. ITex operates a large network of agents across Nigeria, facilitating financial inclusion by enabling cash-in, cash-out, bill payments, and fund transfers in underserved communities. The company targets both urban and rural areas with its agent network model.

paymentsagency-banking

Known for

  • POS terminal deployment
  • Agency banking
  • Payment processing

Model & industry

Infrastructure-as-a-Service (fintech rails)Managed Services / Fintech-in-a-boxBanking & Financial Services

People

External links