G20: Passpoint Announce Financial Orchestration Layer For Africa, Europe | ClipTV Online

Passpoint, a financial infrastructure company, has formally announced its positioning as a financial orchestration layer connecting payment operations across Africa, Europe, and the G20 economies.

The company said the development marks a significant milestone in its evolution, having spent years building what it describes as a missing layer in the global payments ecosystem—not another payment gateway or service provider, but a governed control plane that sits above existing payment rails to unify fragmented markets.

Expanding Cross-Border Payment Reach

According to the company, Passpoint currently processes millions of dollars in annualised transaction volume, supporting over 300 merchants across 16 payment corridors. These span key African markets—including Nigeria, Kenya, Tanzania, Uganda, Cameroon, and the West African francophone (XOF) region—as well as the European Union, the United Kingdom, and the United States.

Its platform is already in use by fintech firms, enterprises, gaming operators, remittance providers, marketplaces, and SaaS businesses operating across both African and global markets.

Addressing Africa’s Fragmented Payment Systems

Passpoint noted that Africa’s payment landscape has evolved in silos, with strong but isolated systems such as M-Pesa in Kenya, the NIP network in Nigeria, and various mobile money solutions across West Africa.

While each system effectively serves its domestic market, the company argued that none adequately addresses the complexity businesses face when operating across multiple countries, currencies, and regulatory environments.

This fragmentation often forces businesses into complex integrations, leading to increased operational costs, compliance challenges, and inefficiencies in settlement and reconciliation.

A Unified Infrastructure Layer

Passpoint’s solution is built around a single API integration that connects businesses to multiple payment methods and global financial rails. The platform offers:

• Intelligent transaction routing across providers
• Embedded compliance at the transaction level
• Foreign exchange (FX) management across currencies
• Unified settlement and reconciliation across markets

Speaking on the development, Co-founder and CEO, Kelechi Uchegbulem, said the core challenge in Africa’s payment ecosystem goes beyond simply moving money.

“The payments infrastructure challenge in Africa is not about moving money. Every gateway moves money. The challenge is governing it—across fragmented rails, multiple regulatory environments, and currencies. We built Passpoint to be the infrastructure layer that governs all of it,” he said.

Driving the Future of Payments

The company emphasised that its orchestration model is designed to reduce operational complexity for businesses, allowing engineering, finance, and compliance teams to focus on growth rather than infrastructure maintenance.

With its expanded positioning, Passpoint aims to play a central role in shaping a more integrated, efficient, and scalable cross-border payments ecosystem, particularly for businesses operating between Africa and global markets.

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