Viamericas has expanded its international money transfer network into Ethiopia and Morocco, adding new payout options for recipients in two African markets as cross-border payment providers continue to build their reach across the continent. The expansion gives recipients in Ethiopia access to direct bank deposits and cash pickups, while those in Morocco can receive funds
Caliza and Yala have partnered to integrate stablecoin-powered settlement into African trade operations, giving manufacturers and distributors a new way to pay international suppliers while managing cross-border transactions through a more connected payment infrastructure. The partnership combines Caliza’s cross-border payments and treasury infrastructure with Yala’s Trade Desk platform, which helps businesses collect local currency payments
Kora has launched One Rail, a new payment infrastructure layer that allows African merchants to integrate stablecoins into their existing payment systems, as the fintech expands beyond traditional fiat transactions to address cross-border settlement and liquidity challenges. The platform enables businesses to collect, hold, convert and settle stablecoins alongside conventional currencies through Kora’s existing APIs
Oneremit has processed more than $200 million in outgoing cross-border transaction volume within 18 months of operation, according to a published article on TechCabal, as the fintech expands its regulatory coverage and builds infrastructure to support international payments for African businesses. The article reports that Oneremit holds regulatory licences and registrations in Nigeria, Canada and
Moroccan fintech Chari has appointed former Visa executive Aurélien Pichon to its Board of Directors as an independent director, as the company expands beyond B2B commerce into regulated financial infrastructure and agency banking across Francophone Africa. Pichon joins Chari after a two decade career spanning technology, data and payments, including senior roles at Visa, where
Nigerian fintech Nomba has secured a US$3 million debt facility as it looks to more than double its monthly cross border payment volumes from US$480 million to US$1 billion, with expansion into more African markets starting with the Democratic Republic of Congo (DRC). The facility, obtained through CardinalStone Finance Company Limited, will provide Nomba with
A $25,000 tuition payment to New York University became the experience that pushed Louis Otaesiri to rethink how people make foreign exchange decisions. After using a peer to peer currency exchange between Nigerians in the US and Nigeria, Otaesiri discovered that paying through a commercial bank at the official Central Bank of Nigeria rate would
Africa’s stablecoin conversation is shifting—from speculation and retail crypto use to serious institutional treasury infrastructure. In Nairobi on Tuesday, Onafriq, the African fintech operating across 40 countries, announced a partnership with Conduit, a cross-border payments firm that leverages blockchain-based dollar tokens. The alliance signals a deeper evolution in how major African payment networks manage liquidity,
Nigerian cross-border payments startup Raenest is expanding into India and the Philippines, marking a significant shift in how African fintech companies are positioning themselves within the global digital workforce economy. The move places Raenest in two of the world’s most active freelance markets, connecting remote professionals in South and Southeast Asia directly to clients in