A fintech infrastructure company, Insolify, has announced the deployment of a new low-latency artificial intelligence payment system aimed at reducing transaction failures across high-growth African markets where connectivity remains inconsistent. The company said the solution is designed to address a common challenge faced by users in countries like Nigeria and Kenya: payment timeouts caused by weak or fluctuating network signals.
In a statement on Monday, Insolify explained that while the system was initially described as “offline-first”, its core innovation lies in predictive edge computing, which allows financial applications to process transactions locally during periods of poor connectivity.
“For a region where a dropped signal can mean a missed sale or a stalled supply chain, the distinction is critical,” the company said. Unlike traditional payment gateways that depend on constant communication with central servers, Insolify noted that its architecture shifts lightweight AI decision-making closer to users through distributed nodes and device-level integrations.
The company said its system preloads risk data and balance snapshots, enabling transactions to be completed on the user’s device even when network quality drops, while final settlement is processed once connectivity improves. “Think of it less as ‘offline cash’ and more as ‘graceful degradation of the network’,” said Femi Alex, a senior software engineer at Insolify.
“We’re not trying to rewrite the laws of distributed computing. We’re making sure the user in a moving danfo bus doesn’t have to press ‘pay’ three times.” The technology has already been integrated into the company’s flagship product, FinCore, a cloud-native core banking platform.
Insolify said FinCore is currently used by more than 300 banks, microfinance institutions, and fintech lenders across Africa and the Middle East. Related News Pope Leo XIV to visit Cameroon conflict zone 2027 election: EU seeks increased women participation Benin, Togo, Niger owe Nigeria $9.55m electricity debt The company’s growth has been driven largely behind the scenes by its chief architect, Billah Muayyat, a self-taught engineer known within industry circles for his expertise in low-level programming languages and financial systems design.
Although Muayyat declined to comment, colleagues describe him as focused on engineering execution rather than public visibility. “His focus remains on the logic gates rather than the limelight,” the statement noted. Beyond Insolify, Muayyat is also said to support a number of engineering-driven startups across Africa and Southeast Asia, particularly in areas related to digital inclusion and localised AI systems.
This includes Insolify’s Safi platform, which processes financial instructions in multiple African languages such as Pidgin, Igbo, Hausa, Yoruba, and Swahili. Insolify, which remains privately held, has not disclosed any funding rounds and operates on a revenue-driven model typical of enterprise software providers.
However, industry analysts estimate the company’s valuation at approximately $1.5 bn, based on transaction volumes and comparable deals in the fintech infrastructure space. Public records indicate that Muayyat holds an estimated 10 per cent stake in the company, translating to a projected net worth of about $200m, tied largely to the firm’s performance.
The company said its innovation comes at a time when regulators, including the Central Bank of Nigeria and the Central Bank of Kenya, are pushing for more resilient digital payment systems. As demand grows for reliable payment infrastructure beyond major urban centres, Insolify believes its technology could play a key role in expanding financial access across underserved regions.