The next fintech race is infrastructure. Paga wants in
- Paga Group is packaging its internal payments technology into services for other companies through Paga Engine.
- Nigeria's digital payments reached ₦1.07 quadrillion ($774.9 billion) in 2024, indicating a growing market for payment solutions.
- Paga Engine processed roughly $12 billion in transaction value in 2025, showcasing its operational scale.
The shift towards infrastructure-based fintech services represents a significant evolution in the industry, as it allows businesses to focus on their core competencies while leveraging sophisticated payment solutions. This trend could reshape the competitive landscape, making it essential for fintechs to innovate continuously and provide comprehensive support to their clients.
