Verto opens new office in Lagos  

Verto, a B2B global payments platform, has opened a new office in Lagos, Nigeria, strengthening its footprint in West Africa and reaffirming its commitment to powering seamless cross-border payments for businesses across the region.

The new hub, located at 21 Ahmed Onibudo Street, Victoria Island, will serve as a central base for customer support, product development, and regulatory engagement.

With a team of more than 25 professionals, the Lagos office will help Verto work more closely with Nigerian regulators and strategic financial partners, particularly as it expands solutions such as Verto Atlas. The company says the move will allow it to respond faster to client needs and improve real-time Naira liquidity for businesses operating across borders.

Nigeria remains one of Verto’s strongest markets. The company currently processes over $25 billion in annual global transactions across more than 200 countries and 49 currencies, including major global pairs such as the dollar, pound, euro, and Danish krone. Establishing a permanent hub in Lagos, according to Verto, is both a strategic and symbolic move that brings the company closer to the market that inspired its founding.

Verto’s expansion comes at a time when trust in Nigeria’s financial system is projected to remain high to moderate, with an estimated 92.6% of Nigerians expected to show high or moderate trust in financial institutions by 2025. Electronic payment adoption is also accelerating, with total transactions hitting ₦384 trillion in July 2025. However, concerns around fraud and digital security continue to shape consumer behaviour. To address this, the Central Bank of Nigeria has introduced new guidelines, including the migration to the ISO 20022 global messaging standard and mandatory geographical identification of all PoS terminals by October 31, 2025.

Now in its seventh year, Verto has grown into a fully regulated fintech with operations in London, Cape Town, Nairobi, Pune, Dubai, New York, and Malta. The company was recently named in Deloitte’s UK Technology Fast 50, reflecting its rapid growth and expanding global influence

Speaking on the launch, Austin Okpagu, Country Director for Verto Nigeria, said Nigeria offers a dynamic environment for digital trade and innovation, making it a natural anchor for Verto’s West African operations. He noted that the new hub will improve service delivery and enable products tailored to local market needs.