A fintech company focused on cross-border payments using blockchain and stablecoins, aiming to streamline international money movement.
Onafriq taps Conduit as Africa’s stablecoin push reaches cross-border payments
Onafriq has partnered with Conduit to improve liquidity management and payment processes using stablecoins. The partnership allows Onafriq to use USDC for funding accounts and making payouts, cutting traditional transfer times.
The fintech replacing banks in cross-border payments, one stablecoin at a time
Conduit raised a $36 million Series A round led by Dragonfly Capital, increasing total funding to $53 million. The company claims to process over $10 billion in annual transaction volume for more than 5,000 merchants globally.
Conduit’s cross-border payments expand from LatAm into Africa with $6M round
The value of cross-border payments is projected to reach $250 trillion by 2027. Conduit is a B2B cross-border payments platform that facilitates payments to businesses in Latin America and Africa.
