A fintech firm,CapitalSage Technology Group, has launched a new board as part of moves to strengthen its governance across its expanding portfolio of financial services businesses in Africa and the international markets.

According to the Group Managing Director, John Alamu, the new board is expected to accelerate the company’s growth across Africa and global markets.

CapitalSage is known for building and operating technology platforms spanning payments, remittances, digital banking, credit, and investment services, serving both businesses and consumers.

During the inauguration, Alamu described the induction as a transition to a more formalised governance structure aligned with the scale and complexity of its operations.

He said, “It continues to focus on addressing core infrastructure and operational challenges with an emphasis on reliability, scalability, and performance.”

Alamu explained that the board induction, attended by senior executives and directors across the Group, marks a transition to a more formalised governance structure aligned with the scale and complexity of its operations.

According to him, “The new structure introduces a group-level holding board alongside subsidiary boards across its key business verticals – payments infrastructure, banking, credit and investments, and international operations.

“This framework is designed to enhance oversight, improve decision-making, and reinforce accountability across the organisation.”

Going down memory lane, Alamu said: “From its origins in grassroots lending, CapitalSage has evolved into an integrated financial services platform. Its ecosystem now includes structured credit through CreditAssist, digital banking via Kolomoni, asset and capital markets through Regius, and payments infrastructure through Ercas.

“We started with a simple conviction that people should have access to functional financial systems.”

The Chairman of the Board, Samsudeen Opeyemi Oduwole, in his remarks, said, “This marks an important evolution in how we govern the Group. As the business scales in size and complexity, stronger oversight and clearer accountability become essential.”

Dr Yemisi Shittu, Executive Director, Corporate Services, explained that “What we are building today is an institution designed for longevity, grounded in governance and performance.