NEWS
Peach Payments acquires West-African PayDunya entering Francophone Africa
Digital payments gateway Peach Payments has agreed to acquire West-African payment platform PayDunya. In the process, it enters mainland Francophone Africa for the first time, following its expansion to Eswatini, 2024, Mauritius, 2021 and Kenya, 2018.
Dakar-based fintech PayDunya started operations in 2015, after Aziz Yérima cofounded PayDunya with fellow ESMT-Dakar students Youma Fall, Christian Palouki and Honoré Hounwanou, from Senegal, Togo and Côte d’ Ivoire respectively.
Aziz Yérima
Today PayDunya operates in six West African Francophone countries: Senegal, Côte d’ Ivoire, Benin, Burkina Faso, Togo, and Mali. It facilitates sending and receiving payments on websites and mobile applications, as well as collection and disbursement of bulk payments. PayDunya processes payments for enterprises like Jeune Afrique, VFS Global, SUNU Assurances, Dubai Port Dakar, Sky Mali, Free business, now Yas and other fintech that use PayDunya’ s rails.
PayDunya turned € 20k of bootstrap financing into a profitable net income company that employs over 40 people, serves more than 4,000 B2B customers, and processes 70,000 transactions per day. With strong unit economics, PayDunya was profitable in its third year and has increased its revenues every year since inception.
“ We are thrilled to join forces with Peach Payments,” says Yérima, who is also the
Rahul Jain
president of SEN FINTECH, the Senegalese fintech association.“ Together, we are poised to create a seamless, inclusive, and robust payment ecosystem that empowers African businesses to thrive in the digital economy.
“ By integrating PayDunya, we are expanding our footprint into the UEMOA and CEMAC regions, unlocking new opportunities for merchants who can now partner with us and access over 450m people across the markets we operate in,” says Peach Payments CEO and co-founder Rahul Jain.
NEC XON achieves ISO 27001:2022 certification demonstrating standard for security management
NEC XON has achieved ISO 27001:2022 certification. This globally recognised standard for information security management underscores the company’ s commitment to protecting customer data, strengthening its security posture, and ensuring compliance with key regulatory frameworks.
ISO 27001:2022 is an internationally accepted benchmark for Information Security Management Systems, ISMS, providing a structured approach to safeguarding information confidentiality, integrity, and availability. NEC XON’ s customers, partners, and stakeholders can thus be assured that NEC XON adheres to the highest security standards – a critical factor in securing contracts with enterprises and government organisations.
Beyond this achievement, NEC XON is also ISO 9001:2015, Quality Management Systems certified as well as ISO
45001:2018, Occupational Health and Safety Management Systems certified. NEC XON is actively working towards compliance with ISO 27032:2023, Cybersecurity – Guidelines for Internet security and ISO 27701:2019, Privacy Information Management System, further enhancing its ability to address evolving security and privacy demands.
Durandt Eksteen
“ This certification is a significant achievement for NEC XON, demonstrating our dedication to best practices in information security,” said Durandt Eksteen, Chief Information Officer, Africa at NEC XON.
“ There’ s a constant stream of new and more complex security threats. Our ISO 27001:2022 compliance not only strengthens our security posture but also gives our customers confidence in our ability to protect their sensitive information.”
“ As customers increasingly prioritise security compliance, our proactive approach ensures we not only meet but exceed their expectations,” added Eksteen.“ By making our certifications known upfront, we can strengthen our market position and support business growth, but more importantly, we can assure our customers of our full commitment towards the protection of their information and privacy requirements.”
14 INTELLIGENTCIO AFRICA www. intelligentcio. com