Songhai Exchange
Curated by SignalCross-border remittance solution facilitating efficient financial transactions in Africa.
Overview
Songhai Exchange functions as a cross-border remittance solution with a focus on the African market. It offers various financial transaction services, including remittance switching, cross-border bill payments, and aid agency disbursements. The company targets a range of users, including remitters, banks, charities, and NGOs, and aims to address issues related to high costs and inefficiencies in financial transactions within Africa. By creating direct connections between remitters and distribution partners, Songhai Exchange seeks to reduce intermediary fees and facilitate faster payments. The platform also serves as a single access point for different transaction types, such as mobile money and cash pick-up, and aims to support Africa-global trade through integration with global payment systems.
Key facts
- Founded
- 2018
- Headquarters
- London, United Kingdom
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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- 5 products and services
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- Commercial model
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Contact
- Primary office
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- Phone
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