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Send money, buy airtime, and manage everyday payments
Shago Payments
A Nigerian fintech platform for individuals, agents, and merchants to pay utility bills, buy airtime and data, transfer funds, shop online, and book travel.
Shago Payments Product Overview
Is Shago Payments Right for You?
Liners prepares and updates these highlights as product information changes. Editorial standardsBest For
- Nigerian bill payers
- Airtime and data buyers
What It Does Well
- Utility bill payments
- Airtime and data topups
Things to Check
- Supported billers list
- Bank transfer methods
About Shago Payments
Shago Payments is a fintech e-market platform in Nigeria for individuals, agents, and merchants to complete everyday electronic transactions, including payments and digital service purchases.
Key capabilities include:
- Utility and bill payments for services such as electricity, cable TV, education, and toll fees, plus airtime and data recharge.
- Bank transfers and account services, including sending money to other banks (listed as free on the website), real-time receipt, account opening, and withdrawals.
- Commerce and bookings, including e-commerce shopping, bus ticket booking, and flight booking.
- Additional digital services listed on the site, such as an examination result checker, betting, and on-demand services.
Available on Web, Android, and iOS, with an API option listed on the website.
Target users include B2C customers making payments and purchasing services, plus B2B2C agents and merchants who retail services through an agent network and earn commissions.
It is notable for its stated focus on rural penetration and financial inclusion in Nigeria, alongside an established partner ecosystem (billers, banks, telcos, and digital service providers) and an agent acquisition milestone of 3,000+ agents within its first year (founded in 2020).
Shago Payments Facts
Liners compiles product facts from official websites, app stores, documentation, trusted public sources, and details shared by product teams during editorial review. We also consider crowdsourced updates when they include verifiable evidence, and refresh facts as information changes. How we source dataOperates In
What it does
Recent Reviews for Shago Payments
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Shago Payments Funding History
Liners compiles funding history from company announcements, investor records, and trusted reporting. We refresh it as new rounds are confirmed. How we source dataShago Payments has 1 recorded funding event. The latest was Merger / Acquisition in Oct 2021.
- Total Raised:
- Undisclosed
- Latest Round:
- Merger / Acquisition
Shago Payments Investors & Funding Rounds
Acquired by Alerzo in 2021
Frequently Asked Questions About Shago Payments
Shago Payments is a fintech company that provides an app for bill payments, airtime and data purchases, fund transfers, account opening, e-commerce, flight and bus bookings, and other digital services. It works by offering a single platform where users, agents, and merchants can access these services, with a focus on serving rural communities, the unbanked, and underserved populations in Nigeria.
Shago Payments does not have a fixed public subscription cost and instead charges users mainly through transaction-based fees and commissions depending on the specific service being used.
Shago Payments operates in Nigeria.
Download the Shago app from your app store or sign up on the web version at shagopayments.com.
Yes, Shago Payments is available on iOS and Android.
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