The next fintech race is infrastructure. Paga wants in

Ramon Bello, GM, Paga Engine.
Image source: Paga

African fintech players raced to acquire merchants, onboard users, issue wallets, and become the app consumers reached for whenever they needed to move money.

But as digital payments mature, more fintechs are increasingly discovering that selling the infrastructure underneath financial transactions may be another business with steadier economics.

This is a bet that Paga Group is now making.

By Temitayo Jaiyeola
Full story at Tech Cabal