Aziz Yérima: Building Payment Rails for Francophone Africa

Aziz Yérima – Africa Signal Profile
Africa Signal • Leader Profile
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Aziz Yérima

Beninese fintech entrepreneur based in Dakar and co-founder of PayDunya, a digital payments platform built for Francophone Africa. His work focuses on making it easier for African businesses to accept, send and manage payments across mobile money, cards and bank channels.

Nationality: Beninese, based in Senegal Sectors: Digital payments, Fintech infrastructure Key role: Founder and ecosystem leader Active: 2015 to present Core markets: UEMOA region, Francophone West & Central Africa

In many African markets, commerce still runs on cash and fragmented payment systems. For small businesses selling online or across borders, accepting money from customers in different countries and currencies is often slow, expensive and complex.

From this reality, Aziz Yérima and his co-founders built PayDunya, a payments gateway focused on Francophone Africa. The platform helps businesses collect and disburse funds from mobile money wallets, cards and other channels through one interface, with tools designed for local entrepreneurs as well as large enterprises.

The bet is simple: if African merchants can move money easily and securely online, they can participate fully in the digital economy — not only as consumers, but as builders.

Key Numbers

Selected public operating data for PayDunya.

70,000
Approx. daily transactions (2025)
4,000+
B2B customers
6
Francophone markets
€20k
Initial bootstrap capital
2015
Launch year
Year 3
Reached profitability
2025
Acquisition by Peach Payments announced
UEMOA
Core economic zone

Figures based on public information shared in PayDunya and Peach Payments communications and fintech media profiles.

The Story

From a student project to Francophone payment rails.

The first version of PayDunya’s story starts in 2013, when Aziz Yérima was a student working with a group of women entrepreneurs in Pikine, Senegal. Their cereals business needed an online sales channel, but the team quickly hit a barrier: no suitable way to accept payments from customers.

Cards were rare, international platforms did not support local businesses properly, and mobile money was fragmented. The problem was clear — African merchants needed a payment layer adapted to their reality, not a copy of foreign models.

In 2014, Yérima began working on a prototype to connect websites to local payment methods. One year later, in 2015, he and fellow ESMT Dakar students co-founded PayDunya with a small amount of bootstrap capital.

The company focused on helping businesses send and receive payments across mobile money wallets, cards and bank channels in West Africa, with built-in tools for invoicing, subscriptions and bulk payouts.

Yérima’s playbook is infrastructure work: build reliable payment rails for Francophone Africa, then let thousands of merchants grow on top of them.
2013
Problem discovered with women’s project
Student project in Senegal highlights the lack of local online payment options.
2014
Prototype work starts
First efforts to connect web platforms to local payment channels.
2015
PayDunya founded in Dakar
Co-founded with fellow ESMT Dakar entrepreneurs to build a dedicated African payment gateway.
Late 2010s
Early traction and visibility
PayDunya gains regional exposure through competitions and early customer wins.
Early 2020s
Regional expansion
Operations extend across several UEMOA countries with growing transaction volumes.
2025
Acquisition by Peach Payments announced
PayDunya becomes part of a larger pan-African payments group, pending regulatory and closing processes.

Ventures

Platforms and initiatives led by Aziz Yérima.

PayDunya

Co-founder and Chief Executive Officer
Since 2015

Dakar-based payment gateway that helps African businesses accept and send money online. PayDunya connects websites and apps to mobile money, cards and other channels, and provides tools for invoicing, subscriptions and bulk payouts.

70,000 Transactions / day (approx.)
4,000+ Business customers
6 Countries
>40 Employees
Financial inclusion SMEs and platforms Francophone Africa focus

SEN FINTECH Association

President
Ecosystem

Industry association bringing together fintech stakeholders in Senegal. The platform represents members with regulators and partners, and contributes to building a more structured fintech ecosystem.

Ecosystem building Policy dialogue Community of fintechs

Contribution to Africa

What changes because PayDunya exists.

Direct Impact

Access for merchants Small and medium businesses can accept payments from mobile money, cards and other methods through one platform.
Cashless journeys Customers gain more ways to pay online and remotely, reducing the need to move with cash.
Better tools Merchants can send invoices, set up subscriptions and manage bulk payouts without building their own infrastructure.
Regional reach One integration covers several Francophone West African markets, supporting cross-border activity.

Structural Impact

  • Francophone rails: PayDunya helps close the infrastructure gap between English-speaking and French-speaking markets in Africa.
  • Locally designed products: Features respond to how African merchants actually sell — online, on social media and via agents.
  • Stronger ecosystem: Through SEN FINTECH and partnerships, Yérima contributes to a more coordinated fintech landscape in Senegal and beyond.

Impact lens

PayDunya shows how a focused payments gateway can become critical infrastructure: when the rails are reliable and adapted to local realities, more entrepreneurs can build sustainable digital businesses.

Signal

Aziz Yérima is building payment rails for Francophone Africa. By turning a student project into a profitable payments company that later attracted a strategic acquisition by Peach Payments in 2025, he shows how local insight, disciplined execution and patient infrastructure work can unlock the next wave of digital commerce on the continent.
Sources:
Profiles and interviews on PayDunya and Aziz Yérima from regional tech and business media, including:
• WeAreTech Africa – profile on Benin’s Aziz Yérima and PayDunya.
• Empower Africa – African Changemaker profile.
• Early-stage interviews and features on PayDunya’s origins and vision.
• Inclusion Times and similar outlets on PayDunya’s regional expansion in West Africa.
• Apis Partners, Peach Payments and fintech press releases on the PayDunya–Peach Payments transaction and operating metrics.
Data reviewed December 2025.

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