Transactworld Digital’s fintech platform, Transactpay, has announced a N20 million grant initiative aimed at empowering young Nigerian entrepreneurs and small businesses.

The initiative tagged: ‘Transactpay Thrive Grant’, will award N1 million each to 20 Nigerian businesses, whether they are still in ideation stage or already running.

The grant is to fund businesses that are solving real problems, creating jobs and moving their communities forward.

Chief Executive Officer and Co-founder of Transactworld Digital, Ernest Obi, said: “This grant is not just about giving money, it’s about reinforcing our mission to power the dreams of everyday Nigerians building something from the ground up.”

The Thrive Grant is a celebration of one year of powering Nigerian businesses and a symbol of Transactworld Digital’s commitment to growing trade, not just processing payments.

Entrepreneurs are urged to sign up on Transactpay website to apply and share their stories publicly for community nominations and support.