Built for the trader who's tired of getting played.
Nigerian cash-out is broken. Quoted rates change at settlement. Payouts pend for 24 hours. Support ghosts. We're fixing the parts that matter, one rule at a time.
You quoted NGN1,720.
You pressed submit.
You got NGN1,680.
Every Nigerian who's sold a gift card or USDT has lived this. The rate moves at the worst moment. The platform shrugs. The payout takes hours. Some platforms just disappear with your money.
After years of platform failures and rate manipulation, trust in the category is on the floor. Most of the rails still standing rely on three quiet defaults: the rate at quote isn't binding, fees aren't itemized, and "in 5 minutes" is marketing language.
Payroid exists because someone has to put those defaults in writing and be liable when they break.
The boring fintech.
We're not innovating on the trading flow. The flow is fine. We're building the version that does exactly what the screen says, every single time. Three rules we won't break.
The rate at submit is final.
No mid-trade re-quote. The number on screen is the number that hits your bank. Signed in your receipt with a timestamp we can't edit.
5-minute payout target. Miss it, we credit you.
The clock starts the moment you confirm. Most payouts settle inside 5 minutes. If we miss, your wallet gets credited a bonus automatically — no claim form, no support ticket.
A real human, day or night.
Not a chatbot. Not a 24-hour callback SLA. A trained person on in-app chat, Telegram, or WhatsApp — most messages answered within a minute, always within the hour.
A Nigerian fintech
built by traders.
Payroid is operated by Payroid Synergy Limited (RC 9553657), a Nigerian private company limited by shares, registered with the Corporate Affairs Commission under CAMA 2020. Small team, deliberate scope. The founders trade — we use the product before it ships to anyone else.
- Legal entity
- Payroid Synergy Limited
- RC number
- 9553657
- TIN
- 2622489136936
- Incorporated
- 17 May 2026
- Registered with
- Corporate Affairs Commission
- Operating base
- Ogba, Lagos
What's next.
We're shipping in phases. Here's what's on the table and what's coming.
- Phase 01Now
Mobile apps in private beta
iOS + Android with a small cohort of Lagos-based traders. Gift card cash-out under live test.
- Phase 02Q3 2026
Public launch — gift cards + bill pay
App Store + Google Play. 12 gift card brands, bill pay across airtime, data, electricity, cable, internet, and water — all settling to 20+ Nigerian banks. Locked rates and 5-minute payout target from day one.
- Phase 03Live
Crypto cash-out
USDT, BTC, ETH, USDC, SOL, BNB to naira. Live mid-market rates, locked at submit, settled in five minutes — same SLA as gift cards.
- Phase 04Later
Trader API
High-volume sellers and merchants. Custom rates, settlement-only API, dedicated bank rails.
Stop getting played.
Download the app. Sell at the rate you tapped. Get paid in 5 minutes.
