Payaza gets ‘A’ credit ratings from Moody’s, Agusto, DataPro, Intelligence Africa

Payaza Africa Limited, a starring payments infrastructure company, has earned beardown recognition ratings from 4 large standing agencies, reinforcing its increasing estimation arsenic a resilient and credible subordinate successful Africa’s fiscal services ecosystem.

The outgo institution recorded upgrades crossed the board, with DataPro raising its standing from A to AA-, Intelligence Africa assigning it an A- investment-grade rating, Agusto upgrading it from BBB to A-, and GCR an affiliate of Moody’s besides moving it from BBB to A-.

A recognition standing reflects a company’s fiscal spot and its quality to conscionable indebtedness obligations, indicating however harmless it is for lenders and investors to widen credit.

In a connection on Monday, the institution described the accomplishment arsenic a validation of its disciplined maturation trajectory and operational resilience successful a dynamic fintech landscape. It added that the upgrades presumption Payaza arsenic a future-ready marque with expanding relevance not lone wrong Africa but besides successful the planetary fintech space. 

Commenting connected the development, the Chief Executive Officer of Payaza Africa, Seyi Ebenezer, said the ratings bespeak years of deliberate effort to physique a sustainable and ...