Onafriq connects your business to a real-time payments network across 40 African countries and over 500 million mobile wallets.
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.
Oui Capital urges fintech investors to prioritise Africa’s cross-border payments infrastructure
The cross-border payments market in Africa is projected to grow from $329 billion in 2025 to $1 trillion by 2035. Ignoring the underlying infrastructure could mean missing out on valuable opportunities in the fintech sector.
Onafriq Partners with Circle to power remittances and cross-border payments with USDC
Onafriq and Circle announced a strategic partnership to transform cross-border payments in Africa. Over 80% of intra-African payments currently go through correspondent banks outside the continent.
Fintechs Face Delays in Kenyan Expansion Due to Lengthy Licensing Procedures
Fintech startups struggle to obtain operating licenses in Kenya. A Payment Service Provider (PSP) license can take up to two years due to approval delays.
Slow licencing process is a headache for fintechs expanding to Kenya
Fintech startups struggle to obtain operating licenses in Kenya. Payment service provider licenses can take up to two years due to approval delays.
