Payaza Africa, the Lagos-based digital payments company founded by Nigerian entrepreneur Seyi Ebenezer, has received approval from Nigerias Securities and Exchange Commission SEC for its Series 3 and Series 4 Commercial Paper CP issuances under a N50 billion 32.6 million program.
The approvals, granted in July 2025, cover a combined N20 billion 13 million raise, which attracted a 10 percent oversubscription in a highly competitive capital market, signaling strong investor confidence in the company.
Payaza commercial issuance draws strong investor interest