Prophius is a Nigerian financial technology company, founded in 2018, that builds tools for small business commerce across Sub-Saharan Africa. Its work centres on enabling cost-effective payment acceptance, with a particular focus on contactless and mobile payment technology. The company was the first fintech in West Africa to be certified by Mastercard for Tap on Phone technology.
The company's flagship product, PayContactless, is a mobile application that turns NFC-enabled Android devices into point-of-sale terminals, letting merchants accept contactless card payments without dedicated hardware. A second platform, Fintribe, is an agency banking system designed to extend financial services to remote areas. Both products reflect Prophius's focus on reducing barriers to digital payments in markets where traditional infrastructure is limited.
Prophius operates from Lagos, Nigeria, and serves the broader West African and Sub-Saharan African markets. Its technical work spans mobile payment technology, NFC, and agency banking platform development. The company states a goal of empowering small businesses to build wealth and promoting financial inclusion through cheap, safe, and reliable payment solutions.
