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The startup that took Lagos danfos cashless paid transport unions in cash, weekly. It wasn’t enough

In 2019, a Chinese-backed mobile payments startup put QR codes in Lagos danfos and said it was handling almost 10,000 transactions a day. Within a year it was paying union leaders weekly to stay on the road. It wasn't…

Aggregated · originally by Techpoint Africa
8 Sept 2026, 01:45 WAT · 3 min read
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The startup that took Lagos danfos cashless paid transport unions in cash, weekly. It wasn’t enough

In 2019, a Chinese-backed mobile payments startup put QR codes in Lagos danfos and said it was handling almost 10,000 transactions a day. Within a year it was paying union leaders weekly to stay on the road. It wasn't…