Verto expands West African footprint with new Lagos office

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Expression Africa

Verto has announced the launch of a new office in Lagos, Nigeria, reaffirming its long-standing presence in the country and deepening its commitment to empowering West African businesses with seamless, reliable, and cost-effective cross-border payment solutions.

With Nigeria ranking among the company’s top-performing markets, Verto processes more than $25 billion in annual global transactions today across 200+ countries and 49 currencies.

The Lagos office, located at 21 Ahmed Onibudo Street, Victoria Island, will serve as a central base for enhancing local customer support, driving tailored product development, and strengthening real-time Naira liquidity access.

“As Africa’s largest and most innovative fintech hub, Nigeria offers a dynamic environment for digital trade, entrepreneurship, and financial innovation, making it the natural anchor for Verto’s West African operations,” said country director for Verto Nigeria, Austin Okpagu.

“This hub allows us to respond faster to client needs, craft solutions tailored to local markets, and work even more closely with regulators and financial partners across the region,” added Okpagu.

Since its inception, Verto has supported over 5,000 Nigerian and African businesses in navigating cross-border payments and foreign exchange with greater efficiency and transparency.

With Nigeria ranking among its top-performing markets, the company processes more than $25 billion in annual global transactions today across 200+ countries and 49 currencies.

Most recently, Verto was recognised in Deloitte’s UK Technology Fast 50 ranking, reflecting its rapid growth and rising influence in global fintech.

The launch was celebrated with an exclusive event held in Lagos and attended by enterprise clients, strategic ecosystem partners, regulatory stakeholders, and team members.

“This office opening marks an exciting milestone for Verto and for the businesses we serve across West Africa. It reflects our commitment to fostering innovation, creating new opportunities for growth, and providing the financial infrastructure companies need to thrive in an increasingly connected regional economy,” stated co-founder and CEO of Verto, Ola Oyetayo.

With a team of over 25 professionals, the Lagos hub will enable Verto to deepen West African financial integration and interoperability, enhance cross-border connectivity, and support businesses in expanding beyond their local markets more seamlessly.

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