Verico Group expands operating footprint across new African markets
A new operating mandate covering additional markets across the region.
Verico Group · Regional Technology & Infrastructure
We build the platforms that connect Africa.
Five integrated divisions — mobility, on-demand commerce, payments, credit and applied intelligence — operating as one technology-led platform across the continent.
8
Markets across the continent
5
Integrated operating divisions
2.4M+
Customers and users across the platform
38M+
Transactions processed across all rails
The Group
One platform. Five operating divisions.
Verico Group is a technology and infrastructure holding built around five integrated divisions. Each division operates independently — with its own leadership, customers and commercial discipline — and each division plugs into the others through shared technology, shared identity, shared payment rails and shared data. The result is an operating platform designed to compound across markets and across categories, not a portfolio of unrelated assets sitting under one roof.
About the group
01
Verico Intelligence
Production-grade applied AI, data products and enterprise software. Built for the Verico group, deployed for institutional clients across the continent.
22 production AI systems
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02
Verico Pay & Fintech
Payment acceptance, merchant settlement and the financial infrastructure that powers daily commerce across the continent.
12,500+ active merchants
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03
Verico On Demand
Consumer commerce, delivery and on-demand services. The transaction layer connecting riders, drivers, merchants and customers in daily life.
24M+ service requests per year
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04
Verico Credit
Embedded lending for drivers, merchants and consumers — the working capital that keeps the platform moving.
Sub-48 hour time to disbursement
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05
Verico Mobility
Electric vehicles, battery-pack manufacturing, charging infrastructure and battery-swap networks. Energy and movement, built for African operating conditions.
4,200+ vehicles in operation
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By the numbers
Built to scale across the continent.
8
Markets across the continent
5
Integrated operating divisions
2.4M+
Customers and users across the platform
38M+
Transactions processed across all rails
Investment thesis
A long-horizon view on African technology and infrastructure.
01
Why Africa
The fastest-urbanising continent, with a young, mobile-first population, an unmet demand for modern infrastructure, and the highest rate of mobile-money adoption in the world. The market is ready; the platforms that serve it well are the ones built locally and operated patiently.
02
Why integrated platforms
Single-product companies struggle to acquire customers efficiently in markets like ours. Integrated platforms — where one rider relationship supports payments, credit, commerce and mobility — lower customer acquisition cost, raise lifetime value, and compound in ways that standalone businesses cannot.
03
Why now
Three trends are converging at once: mobile-money infrastructure has reached commercial scale, electric mobility has reached price parity for the African use case, and applied AI has reached the point where small operating teams can serve continent-scale customer bases. Verico is built for the decade in which all three compound.
News & insights
Press room →
From the desk of Verico Group.
The integrated-platform thesis: why the next African unicorns will be cross-division
Why customer acquisition economics favour platforms that combine payments, mobility, commerce and credit — and what that means for how technology businesses are built on the continent.
Verico Intelligence launches enterprise AI platform
Production-grade applied AI available to institutional clients across the continent.
Get in touch
Speak with the right team at Verico.
Whether you represent capital, a government counterparty, an operating partner or an institutional client — we will route your inquiry directly to the relevant division or group function.