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Onafriq

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Cross-border remittance solution enhancing financial inclusion in Africa.

Overview

Onafriq operates as a cross-border remittance solution with a focus on financial inclusion in African markets. The platform offers various products, including cross-border payment corridors, integration with multiple payment options, secure disbursements, and prepaid card issuance. It targets businesses that seek to enhance their digital payment strategies and connects to over 500 million wallets across Africa. Transactions are facilitated through partnerships with mobile network operators, money transfer operators, banks, and super-agent networks. Onafriq aims to simplify payment collection, payouts, and cash flow management, addressing challenges related to financial accessibility and promoting economic participation.

Key facts

Founded
2003
Sector
Payments

Business model

Contact

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About Onafriq

What does Onafriq do?

Onafriq operates as a cross-border remittance solution with a focus on financial inclusion in African markets.

Where is Onafriq headquartered?

Onafriq is headquartered in Tulsa, United States.

When was Onafriq founded?

Onafriq was founded in 2003.

Which sector is Onafriq in?

Onafriq operates in Payments, part of Financial Technology.

Who are Onafriq's competitors?

Companies similar to Onafriq include Machnet, SEFIDE, and QSystemsGlobal.