Fintech Investment

At Grand Towers Limited, our investments act as catalysts, unlocking massive economic potential across emerging economies in West Africa. Through a disciplined and multi-pronged approach, we identify and support high-growth businesses, fostering job creation and providing substantial returns to our limited partners.

One of our key investment areas is the intersection of finance and technology, commonly known as fintech. We have invested in Secured Financial Technology Systems, powered by Callphone Limited, a leading Payment Solutions Services Company licensed by the Central Bank of Nigeria (CBN) to operate as a Payment Solutions Services Provider (PSSP). This includes payment processing gateways, application development, merchant service aggregation, and collections.

Callphone Limited is driven by a vision to become the top financial technology service provider in the country, delivering unique, scalable, and technology-driven solutions that swiftly adapt to market conditions. Their offerings include a range of innovative digital payment services for both business clients and consumers:

Airvend

Airvend is a client-focused, results-driven fintech and digital payment platform aligned with the CBN’s Financial Inclusion Strategy (NFIS). Designed to serve B2C, B2B, and B2D customers, its services include:

• Super-agent dashboard
• State IGR collection
• Merchant payment
• Fund transfer
• Bill payments
• QR payments

Airplay

Developed by Callphone Limited and approved by the Nigerian Inter-Bank Settlement System (NIBSS), Airplay runs on Android POS terminals. Its services encompass:

• Cash in/Cash out
• Cardless withdrawal
• NFC withdrawal
• Purchases

Airgate

Airgate provides payment gateway infrastructure, facilitating seamless payments on e-commerce and other platforms. Its services include:

• Virtual payment services
• Online portal for transaction viewing
• Mobile reporting options
• Daily transaction alerts
• Pay with Transfer
• USSD Bank Transfer
• QR payment
• Invoicing

AIRVEND PIN

This product allows for the recharging of any network using a USSD short code *174#, enabling quick and easy mobile number recharges.

These business portals enable swift daily transactions, aiming to make payments seamless by simplifying user interactions with billers and customers. Approved and licensed by the Central Bank of Nigeria, their services cover POS, web/mobile apps, processing of electricity bills (IKEDC, EKEDC, IBEDC, AEDC, etc.), Pay TV bills (Dstv, Gotv, Startimes, etc.), and reselling airtime for MTN, Airtel, Mobile, and GLO VTU, among others.

By investing in fintech solutions like these, Grand Towers Limited continues to drive economic growth and innovation across West Africa.