About Baxi Box
Baxi Box is a company based in Lagos (Nigeria) founded in 2012 was acquired by MFS Africa in October 2021. Baxi Box operates in a competitive market with competitors including Flutterwave, Interswitch, Network International, Moniepoint and Dlocal, among others.
- Headquarter Lagos, Nigeria
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website baxibox.com
- Social LinkedIn X Facebook
- Acquired by MFS Africa (Oct 2021)
- Investors
- Acquired byMFS Africa
(Oct 2021)
Investors in Baxi Box
Baxi Box has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MFS Africa.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Serves as a mobile money hub facilitating secure cross-border transfers for users worldwide. | 2009 | mfsafrica.com | Accra, Ghana |
Investor details for Baxi Box
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Timeline of Baxi Box
2 dated milestones of Baxi Box across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Baxi Box is founded.
- Exit Acquired by MFS Africa.
Competitors of Baxi Box
Baxi Box operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flutterwave, Interswitch, Network International, Moniepoint and Dlocal, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flutterwave.com | 2016 | San Francisco, United States | $319.41M | – | Provider of payment processing solutions for businesses | |
| interswitchgroup.com | 2002 | Lagos, Nigeria | $310M | – | Payment solutions are provided for consumers and businesses across sectors. | |
| network.ae | 1994 | Dubai, United Arab Emirates | $539M | 1,781 | Network International is recognized as a leading digital payment provider in the Middle East and Africa. | |
| moniepoint.com | 2019 | London, United Kingdom | $255.5M | – | Integrated financial services are provided for businesses and individuals. | |
| dlocal.com | 2016 | Montevideo, Uruguay | $350M | 901 | Global payment processing is facilitated for businesses through diverse methods. | |
| palmpay.com | 2019 | Lagos, Nigeria | $140M | – | App-based and reward-based payments platform for individuals | |
| unionpayintl.com | 2012 | Shanghai, China | – | – | Mobile and online payment solutions are provided for banks. | |
| xtransfer.com | 2017 | Shanghai, China | $168M | – | Cross-border payment platform is provided for global trade and suppliers. | |
| equiniti.com | 2002 | Lancing, United Kingdom | – | – | Financial technology and payment processing solutions are provided by Equiniti. |
Detailed competitors of Baxi Box
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Web traffic of Baxi Box
The website of Baxi Box (baxibox.com) receives about 2.3K visits a month.
- Monthly visits2.3K
▲ 25.7% vs previous month
Latest news on Baxi Box
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Similar companies to Baxi Box
10 companies that operate in the same segment as Baxi Box (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Baxi Box
Baxi Box was founded in 2012.
Baxi Box is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Baxibox provides payment processing solutions for consumers and businesses. It features a solution for money transfer, utility bill payments, insurance payments, airtime bills, and more. It offers BaxiPay, an online payment platform providing one-stop-shop payment portals that enable the user to pay for various digital products and services; BaxiRIMS to create a product catalog for merchants; and BaxiBoxPOS, an Android-based device for various payment solutions. Its app is available for Android devices.
Baxi Box's top competitors include Flutterwave, Network International and Interswitch.
Baxi Box has 1 investor. Key investors include MFS Africa.
Yes. Baxi Box was acquired by MFS Africa in October 2021.