Redtech hits N30trn 2025 on payment platform expansion

Redtech, a technology company backed by Heirs Holdings, has said it processed transactions worth $20.6 billion (N30 trillion) in the 2025 financial year.

This is more than double its performance from the previous year.
The company recorded over 100 percent year-on-year growth from N12 trillion in 2024, driven largely by the rapid expansion of its payments platform.

RedPay stated that its growth was fuelled by rising adoption across its POS network, merchant collections services, and digital payment channels.

“We have built Redtech around durability, strong governance, and regulatory alignment, enabling SMEs, enterprises, and regulated clients to grow without worrying about downtime or friction. With this foundation, we are ready to extend our model across Africa,” said Emmanuel Ojo, CEO of Redtech.

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Redtech plans to expand operations into 29 African countries by January 2027, positioning itself as a pan-African payments infrastructure provider for businesses operating across borders, sectors, and payment types.

Redtech provides businesses with a secure, scalable payments infrastructure designed to reduce transaction failures, minimise downtime, and improve reconciliation, while meeting the compliance requirements of large enterprises and regulated industries.

The latest milestone marks the company’s transition from foundational capability building to operating at a true national scale.

Redtech states that early investments in resilient infrastructure and continuous product development anchored in real business needs have underpinned its rapid growth.

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The company’s payment stack supports high transaction concurrency, automated failover, and real-time settlement, backed by redundant systems built to ensure uptime during peak demand.

Regulatory alignment, certifications, and embedded risk controls have also played a central role in enabling enterprise adoption by reducing friction and building trust across sectors, Redtech stated.

Redtech said ongoing performance monitoring and data-driven optimisation have ensured that transaction growth does not outpace platform reliability.

This approach has supported deeper integrations with banks and large enterprises, expanding distribution while maintaining consistent service quality.

Transaction volumes in 2025 were driven by SMEs, large enterprises, and financial institutions operating across retail, hospitality, insurance, energy, public-sector-linked services, and banking.

Redtech noted that this breadth demonstrates its capacity to manage complex transaction flows, including batch processing and continuous uptime across diverse sectors.