Fintech Firm Gains A-rating In Financial Transactions

An African fintech and payments infrastructure company, Payaza has gained A- rating in financial transactions in the recent Agusto & Co. upgrading the company’s ratings.

Payaza is a payment infrastructure company providing seamless solutions for collections, payouts, and embedded financial services and it is focused on building reliable, scalable, and trusted payment systems that support businesses and expand access to financial services globally.

Reacting to the new rating, chief executive officer of Payaza, Seyi Ebenezer said the latest rating reflects the company’s deeper commitment to building a sustainable and globally relevant financial institution.

According to him, “This upgrade is a strong affirmation of the discipline, consistency and long-term value we are building at Payaza. It shows that our growth is being matched by stronger institutional confidence, and that the market is recognising the strength of our model, our execution, and our vision for the future.

“The broader significance of this development goes beyond Payaza itself. Across Africa, fintech is entering a more demanding phase, one where the market is rewarding not only speed and innovation, but durability, governance and the ability to inspire trust. In that context, Payaza’s latest rating upgrade speaks to a wider shift in the industry: the emergence of African fintech companies that are not just scaling fast, but maturing into credible financial institutions.

“For the company, this means stronger positioning in the local and global market. For the industry, it offers further evidence that African fintech can produce not only innovation-led businesses, but resilient, well-governed institutions with the capacity to compete at scale. With the Agusto & Co. upgrade to A-, alongside its recent ratings upgrades and product innovations, Payaza is continuing to define itself as one of the companies helping define the future of trusted financial infrastructure in Africa.”

The latest upgrade adds to a growing body of independent validation of Payaza’s business and comes at a time when the company is steadily strengthening its position as one of Africa’s most trusted fintech infrastructure companies.

It also reinforces a broader market view that Payaza is evolving beyond the profile of a fast-growing payments company into a more mature and institutionally trusted financial brand.

This development does not stand in isolation. In recent months, Payaza has also received a DataPro upgrade from A to AA-, as well as an A- credit rating from Intelligent Africa.

Over time, Payaza’s rating journey has reflected more than strong financial performance alone. It points to a company built on prudent management, internal discipline, resilient operations and the ability to scale responsibly in a competitive and fast-changing market. It would be noted that recently, Moody also upgraded Payaza’s rating to A3.