Payaza Africa, a fast-growing fintech operating in 21 African countries, has received an upgrade from BBB- to BBB from Global Credit Ratings GCR, strengthening its investment-grade status.
The upgrade follows Payaza's early repayment of two tranches under its ?50bn Commercial Paper Programme - ?14.97bn in June 2025 and ?5.36bn in September 2025 - all funded from internally generated revenue. GCR said the performance demonstrates strong liquidity, governance discipline and reliable cash flow.
Payaza already holds investment-grade ratings from Agusto Co. and DataPro, making this its third major endorsement. The company has grown into a key financial infrastructure player, serving SMEs and digital businesses across the continent.
