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Anoigo and Nethone combine efforts in the fight against fraud in Africa

Anoigo and Nethone have announced a new strategic partnership to bring online payment fraud prevention into Nigeria and Sub-Sahara African marketplace.

Magdalena Kowalska

Head of Marketing
Vector

25 January 2023

Group

2 min read

Anoigo Limited, a specialist in business consultancy, and Nethone, a machine learning-based fraud prevention SaaS company have announced a new strategic partnership to bring online payment fraud prevention, account takeover, anti-money laundering and other fintech solutions into Nigeria and Sub-Sahara African marketplace.
The partnership will see Anoigo support Nethone in gaining market entry into the African continent by building and developing new opportunities with online merchants and financial institutions.

Africa’s online payment ecosystem continues to experience dynamic growth in eCommerce, digital goods and services, mobile payments and digital lending. This partnership provides opportunities to have first-class products and services that will help African companies drive the adoption of their goods and services, grow revenue and protect customers through increased security.

Founded in 2016 by a group of security experts, financial business executives and data scientists, Nethone is today successfully cooperating with over 100 global e-commerce, digital goods, and financial services organisations. The partnership between Anoigo and Nethone comes at a time when the fraud fighters now have access to EUR 75 million in capital investment, following an acquisition by payments specialist MANGOPAY Group.

"Partnering with Anoigo will allow us to gain knowledge and access to the African banking, payments, and e-commerce industries,” said Hubert Rachwalski von Rejchwald, CEO at Nethone. “We look forward to working closely with the Anoigo team to bring innovation and success to our clients.

Omobola Dada, Managing Director at Anoigo, said, “We see our strategic partnership with Nethone as a powerful tool to drive security and trust within the African payment system and eCommerce markets. It will allow businesses to grow their customer base, increase revenue and facilitate cross-border expansion."

About Anoigo Ltd

Anoigo Limited provides representation, business development and advisory services to organisations desiring to do business or doing business in the Nigerian and the African continent. They help international companies create new opportunities, build strategic partnerships and drive revenue.

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