# Termii **Source:** https://geo.sig.ai/brands/termii **Vertical:** Communications **Subcategory:** General **Tier:** Emerging **Website:** termii.com **Last Updated:** 2026-04-14 ## Summary Lagos Nigeria YC W20 communications API at 400M messages/year for 10K+ businesses (89% fintech) with 30x ARR growth; $5.18M FinTech Collective/Ventures Platform-backed serving Paystack/Moniepoint/PiggyVest competing with Africa's Talking. ## Company Overview Termii is a Lagos, Nigeria-based communications-as-a-service platform — backed by Y Combinator (W20) with $5.18 million in total funding including a $3.65 million round in June 2023 led by FinTech Collective and Ventures Platform — providing African businesses with multichannel messaging infrastructure across SMS, email, voice, and WhatsApp for customer notifications, OTP verification, and engagement campaigns. Processing 400 million annual message transactions for 10,000+ businesses with 30x annual recurring revenue growth, Termii serves an 89% fintech customer base including Chipper Cash, Paystack, Moniepoint, and Piggyvest — the major digital financial platforms that drive Africa's mobile money and payments growth and depend on reliable messaging infrastructure for transaction notifications and authentication. Termii's communications platform addresses the infrastructure reliability gap that hampers business messaging in Africa: African businesses sending OTP verification codes (for mobile banking logins, transaction confirmations, account registrations), transaction notifications, and customer communications rely on telecoms infrastructure that varies significantly in reliability across Nigeria's MTN, Airtel, and Glo networks — and on message aggregators that prioritize international traffic over domestic routes, resulting in delivery delays and failures that cause authentication failures and customer service friction. Termii's Africa-optimized routing (direct relationships with African mobile operators, intelligent routing that selects the highest-delivery-probability path for each message by operator and geography, and fallback routing through voice or WhatsApp when SMS fails) achieves the delivery reliability that fintech companies need for authentication and payment notifications where message non-delivery means failed transactions. In 2025, Termii competes in the Africa communications API, business messaging, and CPaaS market with Twilio (NASDAQ: TWLO, global CPaaS leader, $4B+ revenue), Africa's Talking (African messaging API, Nairobi-based), and Infobip (global messaging platform, $3.3B raised) for African fintech and business communications infrastructure platform adoption. FinTech Collective's investment (specialist fintech VC with portfolio including Wave and PalmPay) reflects conviction in Africa's digital payments infrastructure stack. The 89% fintech customer concentration reflects Termii's deep integration with Africa's mobile money ecosystem. Y Combinator W20 backing connects Termii with the African tech and fintech investor community. The 2025 strategy focuses on expanding coverage across West Africa (Ghana, Senegal, Côte d'Ivoire) and East Africa (Kenya, Tanzania, Ethiopia), building the RCS (Rich Communication Services) channel for richer mobile notifications, and growing the WhatsApp Business API for conversational commerce and customer support automation. ## Frequently Asked Questions ### What is Termii? Termii is a communications-as-a-service (CaaS) platform that provides businesses with multichannel messaging capabilities across SMS, email, voice, and WhatsApp for customer engagement and notifications in Africa. Founded in 2013 and based in Lagos, Nigeria, the company is backed by Y Combinator (W20) and serves over 10,000 businesses across the continent. ### What products and services does Termii offer? Termii offers SMS messaging API, email communications, voice messaging, WhatsApp Business API, and two-factor authentication services. These multichannel solutions enable businesses to engage customers and send notifications across multiple communication platforms. ### Who are Termii's primary customers? Termii primarily serves fintech companies, which make up 89% of their customer base. Notable clients include Chipper, Paystack, Moniepoint, and Piggyvest, with over 10,000 businesses currently using their platform. ### When was Termii founded and by whom? Termii was founded in 2013 by Emmanuel Gbolade, Ayomide Awe, and Atinuke Idowu. The company later participated in Y Combinator's Winter 2020 batch. ### Where is Termii located? Termii is based in Lagos, Nigeria. The company is expanding its operations to Francophone Africa, including Ivory Coast. ### How much funding has Termii raised? Termii has raised $5.18M in total funding. The most recent round was $3.65M raised in June 2023, led by FinTech Collective and Ventures Platform. ### What are Termii's key business metrics and achievements? Termii processes 400 million messages annually and serves over 10,000 businesses. The company has achieved 30x annual recurring revenue (ARR) growth and maintains an 89% fintech customer concentration. ### What communication channels does Termii's platform support? Termii's platform supports multichannel messaging across SMS, email, voice, and WhatsApp. This allows businesses to reach customers through their preferred communication channels for engagement and notifications. ### Which investors have backed Termii? Termii is backed by Y Combinator (Winter 2020 batch), FinTech Collective, and Ventures Platform. FinTech Collective and Ventures Platform co-led the company's $3.65M funding round in June 2023. ### What are Termii's recent developments? Termii recently raised $3.65M in June 2023 and is expanding its services to Francophone Africa, including Ivory Coast. The company continues to scale with 400M annual message transactions and 30x ARR growth. ## Tags africa, b2b, communication, emerging-markets, messaging, platform, saas, telecom --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*