Who We Are
Funds and Electronic Transfer Solution (fets) was incorporated in 2011 and has grown as a mobile and electronic payment solutions company with a proven track record of technological innovation and corporate culture that thrives on excellence.
Its ownership consists of seasoned businessmen and professionals, fets presently ranks among the top 5 mobile payment industry in Nigeria. fets also demonstrates its industry leadership by processing over 6 Billion Naira monthly in transaction value.
fets is achieving its vision of becoming a leader in the evolving mobile and electronic payments space in Nigeria through a robust offering of generic and bespoke value added solutions for both individual and corporate customers.
fets currently operates in Nigeria, with an outlook for the West African sub region and eventually expanding to Sub-Saharan countries in Africa.
In 2013 based on the CBNs push for cashless policy, the board engaged PWC to revise the business plan which led to a capital injection of an additional 500m to achieve its objectives.
fets received the award for ‘’Best Mobile Payment Technology Company of the Year 2015’’ from the Institute for Government Research & Leadership Technology
fets is the proud winner of the Kalahari ‘Best mobile utilities payment provider in Africa’ Award for 2016