Company Information

Get to know Shago Payments

Shago Payments Limited is a financial technology firm focused on driving financial inclusion in Nigeria by reaching the unbanked and underbanked population. The company operates a robust platform that facilitates a wide range of services, including utility bill payments, airtime and data top-ups, cable TV subscriptions, and funds transfers. Shago offers its services through multiple channels: a mobile app for individual users, a dedicated portal for a network of "Super Agents" who provide financial services in their communities, and a set of APIs for businesses to integrate payment functionalities into their own products.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service
Financial Payment

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Shago Payments

Nigeria

Founded in

N/A

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.