PayPetal

Operating

Nigerian payments platform for sending, receiving and protecting money with its TrustVault escrow system

Are you the founder?
Updated Source: SLA Startup IndexHow we verify →
Employees
2-10

About PayPetal

PayPetal is an Ibadan-based payments company that offers individuals and businesses a way to send, receive and protect money. Its core feature is PayPetal TrustVault, an escrow system that holds funds until both sides of a transaction are satisfied, which the company presents as a way to build digital trust in real-world deals.

The platform offers personal and business accounts, published pricing and a mobile app. PayPetal says it powers payments for more than 1,000 customers, and its stated mission is to provide affordable and secure payment tools that support financial inclusion across Africa.

  • Groot IT Solutions

    Nigerian WhatsApp-first software for estates, schools, hotels and clinics, with chatbots, dashboards and Paystack payments · Nigeria

  • WallX

    WallX is a Nigerian FinTech which offers fast and secure B2B Payment Solution for African Businesses · Nigeria

  • Vector

    One business account to collect, hold, convert and send money across 120+ countries, built on stablecoin rails. · Nigeria

  • Pawa360

    Nigerian app for buying electricity units and paying power bills quickly online. · Nigeria

  • RealtimePay

    Bill payment app for airtime, data, electricity, cable TV and education payments in Nigeria. · Nigeria

  • Brydge

    The All In One Platform for Intra-Africa-Trade · Nigeria

All 20 Payments startups in Nigeria

Frequently asked about PayPetal

Where is PayPetal based and when was it founded?
PayPetal is headquartered in Ibadan, Nigeria and was founded in 2024.
What sector is PayPetal in?
PayPetal operates in Payments and FinTech.