Heavy dependence on Meta/WhatsApp platform policies could affect distribution and payment access.
SourcePublic company, workplace, funding, and market signals
Updated Jul 30, 2026
Vendy is a Lagos-based, YC-backed payments infrastructure company for social commerce. It lets businesses sell and collect payments inside WhatsApp and other chat/social surfaces using a device-side payment widget, APIs, and storefront tools for African merchants. Public sources point to a 2022 launch, though some data vendors list 2021.
Primary product
Agentic payments infrastructure for social commerce
Founded
2022
Headquarters
Lagos, Nigeria
Team size
11-50
Work style
Flexible
Industry
Financial Services
Sub-industry
Social commerce payments
Offices
0 jobs at Vendy
Check back later for new openings
Business model
Stage
seed
Total raised
$1.7M
Latest round
Seed · Apr 2022
Latest amount
$1.2M
Apr 2022 · Undisclosed investors
Mar 2022 · Y Combinator
Leadership
Chief Executive Officer / Co-Founder
Co-Founder
Chief Innovation Officer
Opeyemi Olanipekun
Chief Technology Officer
Samuel Otigba
Media and Creative Director
Damilola Bello
Chief Operations Officer
Investors
Mission-driven, customer-obsessed, and security-first. Company copy emphasizes innovation, trust, bank-grade security, inclusive growth, and hiring people who are bold, curious, and ready to grow.
Work style
Flexible
Pricing
1% transaction fee plus tiered SaaS subscriptions, with a free starter tier and custom enterprise pricing; no setup or monthly fees on public plans.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$0-5M (estimated)
Vendy LinkedIn · May 2026
Official company announcement that Vendy was selected as a South Summit Madrid 2026 finalist in Fintech & Insurtech and highlights its cross-border WhatsApp commerce vision.
Techparley Africa · Dec 2025
Explains Vendy’s WhatsApp-centered payment infrastructure, its widget approach, compliance posture, and expansion strategy beyond WhatsApp.
AfriRadar LinkedIn · Jul 2025
Startup profile covering the founders, early funding narrative, team size, and the WhatsApp marketplace positioning.
TechCabal · Jul 2025
Profile of Vendy’s WhatsApp-first social commerce strategy, the device-side payment widget, local bank integrations, pricing model, and the main platform/regulatory risks.
TechCabal · Dec 2024
Announces a Paystack partnership that lets merchants build WhatsApp shops, automate orders/invoicing/payments/deliveries, and get a free trial on Vendy Business Plus.