Case Study

What do you do when you have limited team capacity and looming important projects on the horizon?

Industry

Financial Services

Jurisdictions

Operates in 50+ countries

Company Headcount

760

finance team headcount

100

Who is OnAfriq?

Unlocking access through a global omnichannel payment network of networks. Because where there’s access, there’s growth.

Onafriq is an innovative payments company building Africa’s financial infrastructure. They enable seamless domestic and cross-border transactions by connecting 500 million mobile wallets, 200 million bank accounts, and 400,000 agents in Nigeria. Recognized as Fintech of the Year in 2023 at the African Banker Awards, they drive growth across Africa by creating financial opportunities.

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The Challenge

Onafriq experienced reporting challenges within their group structure. With upcoming reporting and compliance requirements, they required additional talent to support the team with project-based reporting of their financials and group financial reporting.

The Solution

Onafriq ramped up support to drive finance objectives throughout the organisation. Key OCFO expertise were deployed on an ad-hoc and part-time basis as requirements evolved.

These seasoned professionals integrated directly into the finance team to provide immediate relief and achieve deliverables.

resources deployed

2 team members

time to deployment

< 2 weeks

resource onboarding

< 1 week

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The Results

Strategic resourcing allowed Onafriq to achieve significant progress with compliance and reporting requirements of current and legacy deliverables. The organisation enhanced both its reporting function and execution ability to meet deadlines.

“The professional and experienced staff at OCFO has provided excellent service delivery throughout our engagement with them. We would highly recommend them to companies and enterprises in need of various reporting deadlines and deliverables.”

Tanya Riley

External Reporting Manager

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