In a landmark achievement for Africa's financial technology sector, Verve International has officially issued its 100 millionth payment card. This milestone, announced at a press briefing in Lagos, solidifies Verve's position as a dominant and homegrown force in the continent's rapidly evolving digital payments landscape.
From Local Solution to Continental Powerhouse
The journey to 100 million cards underscores a significant transformation. Verve has evolved from a domestic Nigerian payment option into a widely accepted card brand across multiple African markets. Its cards are now actively used in Kenya, Uganda, Benin Republic, The Gambia, and Senegal, among others.
This growth mirrors deeper continental shifts. The milestone is not just a number; it reflects rising adoption of digital payments, expanding financial inclusion, and growing trust in African-designed technology that addresses local needs. Verve cards have become integrated into daily life, facilitating everything from cash withdrawals and POS transactions to online shopping, bill payments, and transport fares.
Collaboration and Innovation as Growth Engines
A key driver behind this massive adoption is Verve's extensive network of partnerships. The company has forged strong collaborations with banks, fintech startups, payment processors, and merchants. These relationships have been crucial in extending financial access to students, small business owners, families, and communities previously underserved by formal financial systems.
On the innovation front, Verve has consistently rolled out features tailored to user demands. The brand has introduced contactless 'tap-and-go' solutions, virtual cards for secure online spending, and enhanced compatibility with global e-commerce platforms. Each innovation is backed by robust security measures and reliable technology, building user confidence and ensuring seamless transactions.
A Shared Success and a Future of Greater Inclusion
Leadership at Verve views the 100-million-card mark as a shared victory. It celebrates the ecosystem of partners and, most importantly, the trust of millions of users who now enjoy safer and more efficient ways to transact.
Looking forward, Verve's mission remains focused on deepening Africa's cashless transition. The company plans to expand acceptance points, strengthen existing partnerships, and elevate the user experience across all touchpoints. Reaching 100 million cards is seen not as a final destination, but as the beginning of a new chapter in building a more connected and financially inclusive African economy.
The press briefing in Lagos was attended by key executives, including Vincent Ogbunnude, Managing Director of Verve International, and Grace Adeniyi, Divisional Head of Governance & Regional Operations at Interswitch, highlighting the collaborative effort behind this achievement.
