Lagos, Nigeria – In a move set to revolutionize financial operations for Nigeria’s 40 million SMEs, digital banking leader Carbon has unleashed Carbon Nexus – an intelligent payment collection system that gives businesses military-grade control over their cash flow. Unveiled at Lagos Startup Week, the platform addresses the #1 pain point keeping Nigerian entrepreneurs awake at night: payment chaos.
Why Carbon Nexus Changes Everything
Virtual Account Magic: Unique IBANs for each customer eliminate reconciliation nightmares
Real-Time Tracking: See payments land instantly with payer identification
FlexPay Options: Offer installments without risking defaults
“Nigerian businesses lose ₦220B yearly to payment ambiguities,” revealed Carbon CEO Ngozi Dozie. “Nexus provides the 4Cs – Clarity, Control, Convenience, Confidence – to recapture these losses.”
Who Wins Big?
Schools: Split tuition into 3 auto-debit installments
Landlords: Track rent payments to specific properties/tenants
E-Commerce: Accept deposits for bulk orders with escrow protection
Event Planners: Collect staggered payments with automated reminders
The Tech Behind the Triumph
Bank-Grade Security: PCI DSS compliant
No-Code Integration: Works with existing tools via API
Smart Analytics: Predicts cash flow gaps 30 days out
Case Study: A Lagos fashion brand using Nexus beta:
✓ Reduced payment follow-ups by 70%
✓ Cut reconciliation time from 3hrs daily to 20mins
✓ Grew sales 35% via flexible payment options
Market Disruption Potential
$9B Opportunity: Nigeria’s SME payment collection market
72hr Onboarding: Versus 3+ weeks for traditional merchant accounts
Pan-African Roadmap: Ghana/Kenya expansion Q1 2026
“This isn’t just another payment tool – it’s an operational lifeline,” said early adverter Tope Adebayo of Schoolable NG.
