Multigate Limited, leading the future of global payment gateway services in Africa

Nigerian Fintech firm's steady growth to match increasing demands
By: Multigate Limited
DIFC, UAE - May 14, 2022 - PRLog -- Multigate Limited, Nigerian Fintech corporation has become the first African financial technology firm to be onboarded on SWIFT as a shared-platform provider to corporates as well as other fintech firms across the continent and beyond.  This significant achievement will further catapult Multigate Limited to administer cross-border payment and treasury management, corporate-to-banks and handle messaging operational challenge throughout major markets. According to recent statistics, digital and mobile wallet payments account for 41.8 percent of online transaction volume worldwide. Online wallets have the highest market share in the Asia Pacific, accounting for over 58 percent of e-commerce payments; that trend is gradually taking up relevance in advanced African countries. Fintech startups like Multigate Limited continue to expand their footprint and portfolio to meet increasing demands across African markets.

Headquartered in Nigeria with offices in Dubai, Kenya, Ghana, Tanzania, Uganda and soon to launch in Rwanda and South Africa, Multigate Limited was founded to focus on financial technology solutions with the aim to simplify treasury management and cross-border payments for organizations operating in Africa.

"Our motivation continues to be the need to solve treasury and cross-border payment challenges for large corporate enterprises, banks and other fintechs. We are committed to assist revenue growth, increase efficiency and improve decision-making procedures. Making payment processing, remittance and cash management seamless, secure and reliable is fundamental to our service offering. Our transactional solutions were designed to adapt to diverse needs of corporations operating in various sectors; flexibility to match their requirements was critical to our management" said Eghosa Nehikhare, CEO Multigate Limited.

Multigate Limited has become an integral part for some major pan-African companies, fintechs and banks. With its current accumulative exceeding billions of dollars, it continues to deliver solutions to complex digital transactions, cross-borders operational payment gateways as well as stipulate treasury services. As African fintech industry expands and gains confidence from global venture capitalists, Nigerian startups retain prominence within the sector. Multigate Limited, leading in funding and number of transactions has proven to be innovative with its dynamic gateway solutions, growing service portfolio and advanced tools of operations.

Rahma Himid
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