Fintech Firm Targets Global Growth, Unveils New Board

CapitalSage Technology Group has inaugurated a new board as part of efforts to strengthen corporate governance across its growing portfolio of financial services operations in Africa and international markets.

The Group Managing Director, John Alamu, said the newly constituted board would play a key role in accelerating the company’s expansion both within Africa and globally. He noted that the move reflects the company’s transition to a more structured governance system that aligns with the increasing scale and complexity of its operations.

CapitalSage operates a range of technology-driven financial platforms, including payments, remittances, digital banking, credit, and investment services, catering to businesses and individual customers.

Speaking during the inauguration, Alamu emphasised the company’s continued focus on tackling critical infrastructure and operational challenges, with priority placed on reliability, scalability, and performance.

He explained that the new governance framework introduces a group-level holding board alongside subsidiary boards overseeing major business segments such as payments infrastructure, banking, credit and investments, and international operations. According to him, this structure is designed to strengthen oversight, enhance decision-making, and improve accountability across the organisation.

Reflecting on the company’s growth, Alamu said CapitalSage has evolved from its beginnings in grassroots lending into a fully integrated financial services platform. Its ecosystem now includes CreditAssist for structured credit, Kolomoni for digital banking, Regius for asset and capital markets, and Ercas for payments infrastructure.

“We started with a simple belief that people should have access to efficient and functional financial systems,” he said.

Chairman of the Board, Samsudeen Opeyemi Oduwole, described the development as a significant step in the company’s evolution, noting that stronger oversight and clearer accountability are essential as the business continues to expand.

Also speaking, Executive Director of Corporate Services, Dr. Yemisi Shittu, said the organisation is focused on building a sustainable institution anchored on strong governance and performance.