Hizo Technology Limited

Hizo Technology Limited, based in Nigeria, provides innovative financial technology solutions focusing on cross-border payments, enabling secure and efficient transactions for individuals and businesses across Africa. Founded in 2024 in Nigeria, Hizo Technology Limited offers a financial technology platform for cross-border payment solutions. The company raised USD 100,000 in Seed funding in June 2025 from Friends & Family Capital, marking its first investment target. The founder's background is not provided.

Hizo Finance specializes in providing a comprehensive financial technology platform that facilitates fast, secure, and flexible cross-border payment solutions across Africa. The company's primary services enable users to send money from Nigeria to various supported African countries, targeting both individual consumers and businesses. Hizo’s offerings include instant currency conversion, allowing users to seamlessly convert Naira to local currencies using live rates, which ensures transparency in spending. The platform also supports direct transfers to mobile money wallets and bank accounts, thus catering to diverse user needs.

Hizo Finance serves a customer base that includes everyday users looking for convenient money transfer solutions, as well as businesses engaging in intra-Africa transactions. The geographical markets for Hizo’s services encompass multiple African nations, expanding the accessibility of financial transactions throughout the continent. Hizo Finance generates revenue through transaction fees associated with its money transfer services and currency conversion functionalities. The business model is structured around B2C transactions, where individual customers utilize the platform to send money and convert currencies as part of their everyday financial activities.

For example, a user may send Naira to a family member in Kenya, incurring a fee based on the transaction amount. This fee structure is designed to incentivize frequent use while ensuring affordability for customers. Hizo Finance also partners with licensed banking institutions to provide its services, thus expanding its reach and enhancing trust among users. The platform focuses on creating value for its clients by offering a streamlined payment experience, appealing to both personal and business needs within the African financial ecosystem.

In June 2025, Hizo Technology Limited raised USD 100,000 in Seed funding from Friends & Family Capital. The company plans to utilize this funding for the further development of its digital remittance platform and its expansion plans. Specific future growth strategies include launching new product features that enhance user experience and expanding into additional African markets to increase its service accessibility.