A money transfer startup facilitating cross-border payments, focusing on African merchants and diaspora communities.
Condia Insider: While Revolut eyes Africa, Afriex looks beyond
Collect Africa is shutting down to focus on a new platform, Autospend, aimed at cross-border payments using stablecoins. Revolut is expanding its operations into Morocco, led by ex-Uber executive Amine Berrada, with plans to establish a full neobank.
Afriex expands to Asia to tap booming cross-border payments market
Afriex has expanded into Asia's three largest remittance markets: China, India, and Pakistan. The startup offers instant money transfers to India and Pakistan, with 90% of transactions completed in under two seconds.
