VTN is a Virtual Mobile /Web transaction network built for the emerging economies, targeting 70 million mobile phone users in Nigeria. Virtual Terminal Network has teamed up with the most innovative bank in Nigeria to provide Nigerians with a world-class and the first e-commerce payment solution designed for those in Nigeria. The virtual payment solution is a revolutionary system that will make it safe and secure for Nigerian retailers and global merchants to receive virtual payments locally and globally. VTN represents a void, the Holy Grail, that finally addresses worldwide concerns about electronic payments from Nigeria. The lack of a safe online payment system has been hurting Nigeria businesses with over a decade behind in the e-commerce market. This is the first time that Nigerians will have a globally accepted ecommerce payment solution designed with their needs and concerns in mind.
Company Growth (employees)
Type
Private
HQ
Ibadan, NG
Founded
2003
Size (employees)
4 (est)
VCASH was founded in 2003 and is headquartered in Ibadan, NG

VCASH Office Locations

VCASH has an office in Ibadan
Ibadan, NG (HQ)
No. 5 Beckley Street, Off Adeyi Old Bodija

VCASH Data and Metrics

Summary Metrics

Founding Date

2003

Total Funding

$10 m

Latest funding size

$10 m

Time since last funding

about 7 years
VCASH's latest funding round in May 2010 was reported to be $10 m. In total, VCASH has raised $10 m

VCASH Online and Social Media Presence

VCASH Company Life and Culture

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