Andrew Takyi-Appiah

Andrew Takyi-Appiah is a Ghanaian fintech entrepreneur and the founder and chief executive of Zeepay, a payments company that grew into one of Africa's best-known mobile money and remittance businesses. In 2026 he and the company faced a large court judgment and the loss of Zeepay Ghana's operating licence.

Education and early career

Takyi-Appiah studied business at the University of Hull in the United Kingdom and later took postgraduate courses, including a fintech programme at the Saïd Business School, University of Oxford. Before starting Zeepay he worked at organisations including PwC in Ghana and the UK, Ecobank Transnational Incorporated, GTBank and UT Bank Ghana.

Zeepay

Zeepay launched on 4 May 2016 and focused on moving international remittances directly into mobile money wallets across Africa. Takyi-Appiah built it with his wife, Zoe, after whom the company is reported to be named. He won Africa's Fintech Leader of the Year at the Africa CEO Summit awards, taking the title for a second straight year in 2023, and earlier received the West Africa Mobile Awards Young Gun of the Year in 2016.

Court judgment and licence revocation

On 16 April 2026 the Commercial Division of the High Court ordered Zeepay and Takyi-Appiah to pay businessman Michael Yusuf $11,585,753, €8,500 and GH₵1,400,000, plus interest and GH₵500,000 in costs, after money he gave the company for onward transfers was not sent. The court kept Takyi-Appiah personally liable, citing evidence that funds went into a mobile money wallet linked to him; his side has argued the wallet was a company merchant wallet. The case is civil, and no criminal charges have been reported.

The Court of Appeal refused to stay enforcement on 24 June 2026, and on 6 July 2026 court officials and police visited his residence and Zeepay's Cantonments office to enforce the judgment. On 14 July 2026 the Bank of Ghana revoked Zeepay Ghana's Dedicated Electronic Money Issuer licence, saying it had issued e-money without full cash backing. A High Court order placing the company in liquidation was later reported to have been set aside. The appeal against the judgment had not been decided as of November 2026. This profile will be updated as the cases progress.