Lagos, Nigeria – Redtech, a technology company backed by Heirs Holdings, today announced it processed $20.6 billion (₦30 trillion) in total transactions over the 2025 financial year.
The milestone was driven by strong growth across its payment platform, RedPay – including POS network, merchant collections, and digital payment channels.
About Redtech
Redtech helps businesses move money at scale through secure, reliable, and scalable systems that reduce payment failures, downtime, and reconciliation failures while meeting the compliance needs of enterprises and regulated sectors.
The milestone marks a decisive shift from capability building to operating at national scale, reflecting sustained trust in Redtech’s infrastructure under high-volume conditions, alongside consistent adoption across sectors.
Reasons for Growth
Redtech attributes its recent expansion to early investments in resilient payment infrastructure and a product roadmap focused on real-world business needs.
Key Growth Drivers
Sector Diversity: Growth is fueled by a broad client base across retail, hospitality, insurance, energy, and the public sector.
Robust Tech Stack: High-concurrency support, automated failover, and real-time settlement ensure uptime during peak transaction periods.
Compliance as a Catalyst: Regulatory alignment and rigorous risk controls have reduced friction for large-scale enterprise and regulated industry adoption.
What They’re Saying
Emmanuel Ojo, CEO of Redtech, said, “This milestone reflects trust from businesses that rely on us to collect and move money at scale, and from partners who expect reliability every single day.
We have built Redtech around durability, strong governance, and regularity alignment, so SMEs, enterprises, and regulated clients can grow on our rails without worrying about downtime or friction. With that foundation in place, we are ready to take this approach into more African markets.”
Future Plans
Looking ahead, Redtech plans to expand beyond Nigeria into 29 African countries by January 2027, building towards an Africa-wide payments capability that can support businesses operating across borders, sectors, and payment types.
