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
BestChange is putting Nigeria’s crypto exchange rates side by side as the country’s growing use of Bitcoin and stablecoins creates a bigger need for users to compare how much they will actually receive when converting between naira and digital assets. Nigeria has become one of the largest cryptocurrency markets in Sub-Saharan Africa. Between July 2024
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
XBase’s $7.4 million court case in Dubai is drawing attention to a less visible risk in cross-border crypto transactions: the difference between being licensed to provide a digital asset service and understanding exactly which legal entity stands behind a transaction. According to a report by Takyon.Law, Omer Ben Matityahu had “filed for enforcement of a
Temu has added Nigerian logistics company Kwikpik to its delivery network in Nigeria, giving the e-commerce platform another local courier partner as it expands its operations and fulfilment capacity in the country. Kwikpik, a Nigerian payment and logistics super app, has been approved as a last-mile courier partner on Temu. Nigerian buyers whose orders are
As more Nigerians turn to paid AI tools such as ChatGPT and Claude for work, business, and productivity, the question is no longer just which AI platform to use, but how to pay for it. Cardsoon is taking centre stage in this growing payment conversation with its virtual dollar card, giving Nigerian users another way
For years, LemFi built its reputation by helping migrants move money across borders. Now, the fintech is making a much bigger play for customers’ financial lives. The company has secured approval from the UK’s Financial Conduct Authority (FCA) to acquire investment platform Wealth8, a move that takes LemFi beyond remittances and deeper into wealth management,
As cross-border trade within Africa accelerates, the real competition is no longer just about issuing cards — it’s about owning the rails that move money across the continent. With over 100 million cards issued, Verve is now shifting from domestic scale to continental infrastructure. Under its Destination Campaign, the African card scheme is positioning itself