Lagos, 105102,
Nigeria
Arca Payments Company Limited Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Arca Payments Company Limited and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 75 Arca Payments Company Limited employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Arca Payments Company Limited has purchased the following applications: ThetaRay SONAR for AML, Fraud and Compliance in 2022, Amazon EC2 for Application Hosting and Computing Services in 2024, Google Angular for Apps Development in 2024 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Arca Payments Company Limited is running and its propensity to invest more and deepen its relationship with ThetaRay , Amazon Web Services (AWS) , Google or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Arca Payments Company Limited revenues, which have grown to $7.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Arca Payments Company Limited intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| ThetaRay | Legacy | ThetaRay SONAR | AML, Fraud and Compliance | TRM | n/a | 2022 | 2022 | In 2022, Arca Payments Company Limited implemented ThetaRay SONAR as a SaaS anti-money laundering and sanctions list screening capability, recorded under the AML, Fraud and Compliance category. The deployment targeted transaction monitoring on ARCA's open AI based payments platform, making Arca Payments Company Limited the first Nigerian fintech to adopt ThetaRay SONAR for real time anomaly detection and sanctions screening across its payment flows. ThetaRay SONAR was configured to run advanced machine learning detection and pattern recognition for transaction monitoring, sanctions list screening, and identity linkage across complex cross border transaction paths. The implementation emphasized threshold free anomaly detection and an AI driven risk scoring model to identify early indicators of sophisticated financial crime, with SONAR described as enabling rapid discovery of known and unknown money laundering threats. Operational coverage focused on payments operations, compliance, fraud, risk and information security functions, and was positioned to support ARCA's instant payments and open banking ecosystem. Governance was framed around a risk based approach to suspicious activity detection and sanctions compliance, and ARCA stated SONAR would help create new lines of revenue, better serve customers, and remain compliant with regulatory requirements, while ThetaRay reported a 99 per cent reduction in false positives compared to rules based solutions. |
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Amazon Web Services (AWS) | Legacy | Amazon EC2 | Application Hosting and Computing Services | IaaS | n/a | 2024 | 2024 | ||
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Content Delivery Network | IaaS |
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2019 | 2019 |
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PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Legacy | Google Angular | Apps Development | PaaS | n/a | 2024 | 2024 | |||
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Transactional Email | PaaS |
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2022 | 2022 |
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AI-Powered Application
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
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Chatbots and Conversational AI | AI-Powered Application |
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2023 | 2023 |
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
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Collaboration | Collaboration |
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2018 | 2018 |
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ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
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IT Service Management | ITSM |
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2021 | 2021 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
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Tag Management | CRM |
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2023 | 2023 |
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