Commercial paper issuance in Nigeria crossed ₦1.5 trillion in 2025, as companies with structured receivables leaned on short term instruments to support growth. Within that environment, Finceptive has completed full redemption of its ₦3 billion Series 1 commercial paper at maturity.
The supply chain infrastructure and technology company issued the paper in May 2025 under an FMDQ authorised programme. It was oversubscribed by institutional investors. Repayment, according to the company, was funded entirely from internally generated operating cash flows.
The differentiator was not capital access. It was operating control.
Finceptive runs an integrated supply chain infrastructure that connects trade receivables, settlement timelines, risk calibration, and capital deployment into a single technology layer. Its proprietary system tracks receivable performance in real time, maps cash conversion cycles, and aligns commercial paper tenor with actual payment flows across supported industries.
Commercial paper rewards alignment and exposes mismatch. When capital tenor outpaces receivable timelines, rollover pressure follows. In a tighter capital environment, that precision gap becomes visible.
Finceptive structured its Series 1 programme around operating data. Proceeds were deployed into defined trade cycles across agriculture, technology, manufacturing, FMCG, oil and gas, and renewable energy. Because capital deployment was tied directly to structured receivable flows, settlement performance fed back into repayment capacity.
“This settlement confirms our ability to maintain seamless trade flows while upholding high fiduciary standards,” said co-founder and COO Denike Akanbi.
CEO Ogochukwu Anerobi said the company remains focused on capital structures backed by disciplined infrastructure and predictable operating outcomes across African value chains.
With Series 1 completed, Finceptive is scaling its supply chain infrastructure across key African trade corridors, extending its technology layer to support larger trade volumes and more complex cross-border settlement flows. The emphasis is not just funding activity, but strengthening the operating backbone that underpins industrial trade.
In the current cycle, redemption is more than a milestone. It is evidence that infrastructure and technology are doing their job.
