On November 26, 2025, Redtech, a fast-rising fintech company backed by Heirs Holdings, officially launched RedPay in Lagos, Nigeria. Redpay is a new platform engineered as an omnichannel payment solution built to simplify how businesses collect, manage, and track all their financial transactions, cementing Redtech’s mission to power seamless digital payments across Africa.
“RedPay’s centralised reporting and intelligent analytics give businesses complete visibility and control of their businesses… giving businesses a single source of truth for payment data across their entire customer journey,” Emmanuel Ojo, MD/CEO of Redtech, said at the launch event:
Ojo explained that the core innovation of RedPay is its capacity for complete payment consolidation. The platform unifies online, in-app, and in-store transactions into one seamless system, enabling business owners to gain immediate, comprehensive insight into their financial performance. This architecture allows businesses to operate efficiently with one integration, one dashboard, and consistent data intelligence.
Redpay is engineered with conversion at its core, supported by an advanced orchestration engine. It’s a crucial technology that delivers higher approval rates through smarter routing and ensures dependable processing, even during periods when traditional payment rails experience downtime.
Owen Omogiafo, President and Group CEO of Transcorp Group, corroborated RedPay’s fast processing in her statement during a fireside chat:
“It’s seamless. You put your card [in, and] it works. We are collaborating [with Redtech] for the success–not just individual [success], but the country’s [success] on a larger scale.”
RedPay’s performance is complemented by advanced fraud protection powered by adaptive machine learning, device intelligence, and behavioural signals, ensuring threats are blocked without inadvertently reducing conversion rates. Furthermore, the platform incorporates tokenisation, enabling highly secure one-click checkouts and smooth recurring payments, which enhances the customer experience.
The RedPay platform offers a robust and versatile suite of payment solutions tailored to address different market needs. The RedPay POS provides a modern point-of-sale solution for fast, stable, and secure collections across diverse industries, including retail, hospitality, healthcare, and logistics. Complementing the physical terminal is the RedPay Payment Gateway, a powerful solution for merchants collecting payments both online and onsite.
The gateway supports a wide array of payment options, including cards, bank transfers, USSD, Pay by pincode, QR Code, and payment links. Built with intuitive APIs, SDKs, webhooks, and reusable UI components, the gateway is designed to facilitate seamless integration and consistently deliver high transaction success rates.
Recognising the challenging economic realities of rising inflation and tightening liquidity, Redtech has also integrated crucial value-added services. The company announced the immediate availability of quick-access loans for micro, small, and medium-sized Enterprises (MSME) merchants, providing flexible credit options to help businesses remain resilient and meet their daily capital needs.
According to Ojo, Redtech holds the highest-level payment licences, including Payment Solution Service Provider (PSSP) and Payment Terminal Service Provider (PTSP).
“This product was actually developed close to a year ago, but it’s been under robust test until we were convinced that it’s been tested and trusted,” he said.
RedPay’s launch underscores Redtech’s dedication to moving beyond basic payment processing. By delivering modern payment solutions that enhance reliability and drive growth, the company is actively working to enhance financial inclusion and simplify operations for businesses across Nigeria and the wider African continent.
