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PayForce Startup Profile

Company Overview

Merchant payment services that serves small businesses, as the digital lender looks to broaden its financial services proposition to merchants.

Company History

PayForce was founded in 2018. Public founder information in the source set points to Oluwatomi Ayorinde. Its latest captured funding/news event in the source set was in 2023, recorded as M&A.

Key Facts

Country Nigeria
Founded 2018
Founders Oluwatomi Ayorinde
Sector Fintech
Operational Status Likely active / unverified
Latest Round M&A, 2023
Total Disclosed Funding Not disclosed
Website https://www.payforce.network/

Business Model

PayForce appears to operate a product-led business model in the Fintech sector. Based on public descriptions, it generates value through technology-enabled services, software, marketplace access, operations, or financial infrastructure.

Products and Services

  • Digital payments
  • Banking or treasury tools
  • Merchant or API infrastructure
  • Embedded finance

Funding and Market Position

Public deal records in the source set show 1 disclosed funding event(s), with about Not disclosed captured in total. The most recent event is recorded as M&A, 2023.

Contact Information

The most reliable public contact channel in the source set is the official website: https://www.payforce.network/. Public phone numbers and public support emails were not consistently available at scale, so the website/contact form is the best public route.

Company Location

Operational Status

Public sources show activity in 2023, did not independently verify current operations beyond the source set. Status recorded here is a best-effort assessment as of March 21, 2026.

Why This Startup Matters

As a Nigerian startup in the Fintech space, PayForce matters because it addresses local market problems with a scalable digital product or operational model.

Sources

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