Accounts
Business current accounts, sub-accounts and virtual accounts, opened and governed from one console.
Learn moreNIP payouts now clearing in under 8 seconds
Banking rails for the businesses building Africa.
Open business accounts, move money instantly and settle to one ledger — on licensed infrastructure your engineers can call directly.
- Licensed by the CBN
- Deposits insured by the NDIC
- PCI DSS Level 1
- API uptime, trailing 12 months
- 99.98%
- Settled in the last 24 hours
- ₦412M
- Standard settlement cycle
- T+0
- Median time to live account
- 3 days
What we run
One platform, three layers.
Most businesses start with an account and end up building on the API. The rails are the same either way.
Payments
NIP transfers, bulk payouts, collections and card acquiring — settled instantly, reconciled automatically.
Learn moreInfrastructure
A single REST API and signed webhooks over the same ledger the console reads from.
Learn moreBuilt for
A current account that keeps up with the business.
Invoices, POS collections, bulk transfers and payroll from one balance — with statements your accountant will accept.
See how it worksSame-day account opening with CAC documents
Unlimited free transfers on the growth tier
POS terminals shipped within five working days
Compliance
Regulated first, fast second.
Phoenix holds the licence, the settlement account and the audit trail. You get the rails without inheriting the paperwork.
CBN licensed
Operating under a Central Bank of Nigeria licence.
NDIC insured
Customer deposits are insured to the statutory limit.
Audited ledger
Double-entry ledger, exportable for every reporting cycle.
PCI DSS L1
Card data handled inside a Level 1 certified environment.
Questions
Before you open an account.
Most businesses are live in three working days once CAC registration, directors’ identification and a utility bill are submitted.
Ready to move money faster?
Tell us your volumes and we will map the rails to them.