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Paynownow

Paynownow is a financial technology company founded in 2020 in Lagos, Nigeria. It offers a platform for individuals and businesses to send and receive money,...

Overview

Paynownow is a financial technology company founded in 2020 in Lagos, Nigeria. It offers a platform for individuals and businesses to send and receive money, pay bills, recharge mobile phones, and apply for loans. The company facilitates financial transactions in the financial services sector.

General information

Location

Region

Africa

Country

Nigeria

Sector focus

FinTechEnterprise Software

Frequently asked questions

How does Paynownow differ from Flutterwave or Paystack?

Flutterwave and Paystack built their brands on enabling businesses to accept online card payments — essentially Stripe-like checkout experiences for African merchants. Paynownow emphasizes billing automation and recurring collections for institutional clients, not one-click consumer checkout. The product bundle includes invoicing, payment links, and dashboard reconciliation tools designed for finance teams managing high-volume receivables. This makes it a software-plus-payments play in a market where the dominant players are payments-first.

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