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Paysabil
Paysabil operates as a product of Sabil Technologies Limited, a registered Nigerian incorporation, providing a mobile and web platform for digital Sadaqah and...
Paysabil
Paysabil operates as a product of Sabil Technologies Limited, a registered Nigerian incorporation, providing a mobile and web platform for digital Sadaqah and Zakat payments. The service tackles four observed problems with mosque-based cash collections: inefficiency, worshipper suspicion toward cash appeals, the spiritual risk of Riyaa (ostentation), and the exclusion of non-local, female, and traveling donors. Users select from a curated list of thousands of vetted mosques and charities, enter an amount, and complete a card transaction; funds settle directly to the selected institution with SMS confirmation to both parties. The platform does not require donor registration, reducing friction to a single 60-second flow. It supports credit and debit card payments and is accessible globally. Vetting lies at the core of its operating model — Paysabil partners with verified organizations across Nigeria and commits to ethical fund deployment. The product suite includes a free mobile app offering additional tracking features for recurring givers who want visibility into where their contributions land. The corporate entity, Sabil Technologies Limited, developed the software stack in-house. No employment or team figures are publicly disclosed, and no venture funding rounds or institutional backers are recorded. The firm promotes a newsletter and video explainer as primary onboarding tools. A recent operational detail — the launch of dedicated mobile apps for all device platforms — signals product-side investment in donor retention beyond the one-off web flow. Paysabil’s competitive architecture rests on vetting and direct settlement into recipient accounts, sidestepping the pooled-fund models common in charitable giving platforms. By eliminating signup and giving donors line-of-sight control over which specific mosque or charity receives their money, the structure aligns with Islamic jurisprudence requirements around intention and designated giving — a distinct posture in the African faith-tech landscape.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
Africa
Country
Nigeria
City
—
Corporate office
Nigeria
Sector focus
Frequently asked questions
Who runs investment decisions at Paysabil?
Paysabil does not function as an investment firm and therefore has no CIO, investment committee, or allocator framework. It is a charitable-giving technology platform operated by Sabil Technologies Limited, a Nigerian incorporation. The product's governance centers on vetting recipient mosques and charities rather than deploying capital for returns.
How does Paysabil source and vet the mosques and charities on its platform?
Paysabil states that every organization listed undergoes a vetting process and that it partners with verified organizations across the nation to ensure funds are spent in an ethical and right manner. The firm has not published its specific vetting criteria, audit frequency, or the names of individuals conducting reviews. Donors select recipients directly from the curated list, and funds transfer straight to the chosen institution.
Does Paysabil pool donor funds or hold them before disbursement?
No. The platform's stated design sends money directly to the selected mosque or charity at the point of transaction. Both the donor and the recipient receive SMS confirmation, suggesting a pass-through architecture rather than a warehousing or pooling model.
Is Paysabil a single-family office or an asset manager?
Neither. Paysabil is a product of Sabil Technologies Limited, a registered Nigerian company, built as a donation platform rather than an investment vehicle. Altss classification does not fall under Family Office, Asset Manager, or any allocator category.
What is Paysabil's known posture on donor privacy and data?
The privacy policy, published on the firm's website, acknowledges the collection of personally identifiable information through usage of the site and applications. It covers information users input, site-usage data, and activities on the platform that may be connected to the individual. No independent security certification or regulatory registration outside Nigerian incorporation has been disclosed.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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