Onafriq Celebrates 15 Years by Connecting 1 Billion Mobile Wallets
- Onafriq connects close to 1 billion mobile money wallets and 500 million bank accounts.
- The company has evolved from a mobile money switch to a full omnichannel payments network.
- Onafriq facilitates cross-border disbursements, collections, card issuance, and offline banking services.
Onafriq's commitment to enhancing financial connectivity in Africa is commendable, especially as it adapts its services to local contexts. The exploration of blockchain technology and stablecoins could significantly modernize the payment landscape, but the challenge will be ensuring that these innovations are accessible and beneficial to all segments of the population.
