November 11, 2026

cross border payments

Uncategorized

Kredete Acquires Gravv to Bring Stablecoin Payment Infrastructure In House

Kredete has acquired stablecoin infrastructure company Gravv as the fintech moves to bring more of the technology powering its global money movement operations in house. The acquisition gives Kredete control over infrastructure connecting banks, blockchain networks and local payment rails, covering areas including stablecoin settlement, multi currency accounts, foreign exchange, liquidity, routing and reconciliation. Gravv

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Fintech

Nomba Secures $3m to Chase $1bn Monthly Payments

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

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Fintech

AfriConvert Takes Aim at Hidden Costs in Cross Border FX

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

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