Xpress Payment Solutions Limited has announced plans to deepen its investment in emerging technologies, including Artificial Intelligence (AI) and the Internet of Things (IoT), as it enters the next phase of growth following a decade of operations in Nigeria’s digital payments industry.
The company disclosed that it has processed transactions worth trillions of naira over the past 10 years which reflects the rapid evolution of Nigeria’s fintech ecosystem and the growing adoption of digital financial services.
Speaking at a public lecture organised to mark its 10th anniversary in Lagos, Wale Olayisade, the managing director and chief executive officer of Xpress Payment Solutions Limited, said the company’s future strategy would focus on leveraging technology to improve payment experiences and expand financial inclusion.
The event, themed ‘A Decade of Innovation, A Future of Possibilities,’ highlighted the company’s journey from its early days in the payments sector to becoming a major player in Nigeria’s digital financial services space.
Olayisade said the company’s growth mirrors the transformation of Nigeria’s payment landscape, where consumers can now access services that previously required physical visits and lengthy processes.
