FedaPay - About the company
FedaPay is a funded company based in Cotonou (Benin), founded in 2018 by Aguessy Hermann. It operates as a Payment processing solution for businesses. The company has 27 active competitors, including 6 funded and 8 that have exited. Its top competitors include companies like PayU, Flutterwave and Network International.
Company Details
Payment processing solution for businesses. It allows businesses to pay and receive customers' payments through mobile money, credit cards, and bank accounts. Businesses can create a transaction account in order to create payment links to accept online payments from customers. It also allows organizations to collect donations via mobile money and credit cards.
- Email ID
- *****@fedapay.com
- Phone Number
- +229 **********
Key Metrics
Founded Year
2018
Location
Cotonou, Benin
Stage
Funding Raised
Investors
Ranked
16th among 27 active competitors
Employee Count
52 as on Jun 30, 2026
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FedaPay's funding and investors
FedaPay is a funded company. FedaPay has 2 institutional investors.
View details of FedaPay's funding rounds and investors
FedaPay's founders and board of directors
Founder? Claim ProfileThe founders of FedaPay is Aguessy Hermann.
Here are the details of FedaPay's key team members:
- Aguessy Hermann: Co-Founder & Partner of FedaPay.
View details of FedaPay's Founder profiles and Board Members
FedaPay's employee count trend
FedaPay has 52 employees as of Jun 26. Here is FedaPay's employee count trend over the years:
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FedaPay's Competitors and alternates
Top competitors of FedaPay include PayU, Flutterwave and Network International. Here is the list of Top 10 competitors of FedaPay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayU 2002, Amsterdam (Netherlands), Series C | Provider of online payment solutions and financial services for businesses | $35.1M | 84/100 | |
2nd | Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
3rd | Network International 1994, Dubai (United Arab Emirates), Acquired | Provides digital payment solutions and merchant services, catering to businesses with fintech support | $539M | 67/100 | |
4th | First Data 1971, Atlanta (United States), Acquired | Payments processing service provider | - | 63/100 | |
5th | Provider of payment processing solutions for merchants and financial institutions | - | 61/100 | ||
6th | Cleeng 2011, Amsterdam (Netherlands), Series B | Provider of subscriber management system | $7.55M | 58/100 | |
7th | Automated payment collection solution | - | 58/100 | ||
8th | Equiniti 2002, Lancing (United Kingdom), Acquired | Provider of financial technology and payment processing solutions | - | 58/100 | |
9th | UnionPay Intl 2012, Shanghai (China), Funding Raised | Operator of payment network facilitating card and mobile-based transactions | - | 57/100 | |
10th | CyberSource 1994, Foster City (United States), Acquired | Platform offering E-Commerce payment management | - | 56/100 | |
16th | Payment processing solution for businesses | - | 32/100 |
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FedaPay's Investments and acquisitions
FedaPay has made no investments or acquisitions yet.
Reports related to FedaPay
Here is the latest report on FedaPay's sector:
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