Onafriq

In fintech, social responsibility is at the heart of meaningful innovation. 💡 Fintech companies in developing countries provide a unique advantage: by bridging financial gaps, they change lives. 🌍 From providing access to digital savings tools to offering affordable credit in underserved areas, fintech solutions directly impact communities. Still, there are challenges when it comes to creating socially responsible products. These include: 🔹𝐔𝐩𝐟𝐫𝐨𝐧𝐭 𝐜𝐨𝐬𝐭𝐬: Reaching underserved consumers may mean offering cheaper products. This will affect profits in the short run, but in the long run, a company will see its customer base expand while creating better social impact. 🔹𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐥 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞𝐬: Different stakeholders often have their own priorities and prejudices, which shape their personal goals, but when everyone is truly brought in on the common mission, finding each other in decision-making is easier. 🔹𝐒𝐨𝐜𝐢𝐚𝐥 𝐢𝐦𝐩𝐚𝐜𝐭 𝐚𝐬 𝐚 𝐛𝐨𝐱-𝐭𝐢𝐜𝐤𝐢𝐧𝐠 𝐞𝐱𝐞𝐫𝐜𝐢𝐬𝐞: ✅ Real change happens when fintechs commit to solving real-world problems—not just optimising transactions. Companies must ensure that impact is intentional, sustainable, and embedded in every decision. In today’s fast-moving fintech landscape, leaders must ask: Are we just building products, or are we building a better financial future for all? Our Group Head of Corporate Communications, Zama Ndlovu, offers some of her insights on this in The Standard. 👇How can fintechs embed impact into their core operations? #Onafriq #FintechForGood #FinancialInclusion #Onafriq

Last-mile payments in Africa are complex. Region-specific challenges can stall growth and frustrate customers, making it critical to choose an effective strategy. Here’s why choosing the right payment gateway is critical for scaling in Africa’s dynamic markets: ✅ Network Coverage – A simple integration allowing you to access an extensive payments network that enables both domestic and cross-border transactions. ✅ Speed & Reliability – Ensure real-time, secure transactions that keep customers engaged and transactions flowing. ✅ Scalability – A payment system that grows with you, supporting diverse use cases across industries and adapting effortlessly to market shifts. ✅ Compliance & Security – Stay ahead of regulatory requirements while offering a frictionless payment experience. At Onafriq, we simplify payments with our omnichannel network of networks, meaning you can scale without limits. 🌍 #Payments #Fintech #Africa #BusinessGrowth #ScaleWithConfidence

For agency banking to thrive in developing countries, agents need more than just access to financial services—they need a reliable cash logistics network. When agents in remote areas have consistent cash flow and operational support, they can better serve their communities and drive deeper financial inclusion. Here’s how strengthening cash logistics makes a difference: 1️⃣ Ensures Service Continuity – Agents with sufficient liquidity prevent service disruptions, keeping financial access consistent for underserved populations. 2️⃣ Reduces Customer Barriers – Reliable cash availability means fewer transaction limits, making banking easier and more efficient for customers. 3️⃣ Builds Trust in Financial Services – When communities can rely on agents for seamless transactions, they’re more likely to adopt formal banking solutions. 4️⃣ Encourages Digital Adoption – Stronger logistics support allows agents to expand beyond cash-in, cash-out services, enabling more people to embrace digital finance. 5️⃣ Empowers Economic Growth – More accessible financial services fuel entrepreneurship, trade, and long-term financial stability. 💡 In his latest op-ed in Techeconomy, Mxolisi Msutwana, our Managing Director in Anglophone West Africa, explores how agency banking and logistics improvements are shaping the future of financial inclusion.

For years, Onafriq has been breaking barriers, making borders matter less, and expanding financial access across Africa. But real impact isn’t just about payments—it’s about the people driving change. Women have been at the centre of that transformation from the very beginning. 𝐇𝐞𝐫𝐞'𝐬 𝐰𝐡𝐚𝐭 𝐬𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐰𝐨𝐦𝐞𝐧 𝐢𝐧 𝐨𝐮𝐫 𝐭𝐞𝐚𝐦 𝐡𝐚𝐯𝐞 𝐭𝐨 𝐬𝐚𝐲: 🔹“𝘞𝘩𝘦𝘯 𝘸𝘦 𝘴𝘵𝘢𝘳𝘵𝘦𝘥, 𝘐 𝘥𝘪𝘥𝘯’𝘵 𝘲𝘶𝘪𝘵𝘦 𝘩𝘢𝘷𝘦 𝘢 𝘵𝘪𝘵𝘭𝘦. 𝘞𝘦 𝘸𝘦𝘳𝘦 𝘫𝘶𝘴𝘵 𝘵𝘳𝘺𝘪𝘯𝘨 𝘵𝘰 𝘧𝘪𝘨𝘶𝘳𝘦 𝘪𝘵 𝘰𝘶𝘵. 𝘞𝘦 𝘵𝘰𝘰𝘬 𝘳𝘪𝘴𝘬𝘴, 𝘸𝘦 𝘣𝘶𝘪𝘭𝘵, 𝘢𝘯𝘥 𝘸𝘦 𝘭𝘦𝘢𝘳𝘯𝘦𝘥—𝘶𝘯𝘵𝘪𝘭 𝘸𝘦 𝘣𝘦𝘤𝘢𝘮𝘦 𝘢 𝘧𝘰𝘳𝘤𝘦 𝘪𝘯 𝘈𝘧𝘳𝘪𝘤𝘢’𝘴 𝘱𝘢𝘺𝘮𝘦𝘯𝘵 𝘴𝘱𝘢𝘤𝘦,” says Sharon WELANG, Managing Director for Francophone sub-Saharan Africa, as she reflects on Onafriq's early days. That same bold spirit continues today. Across the continent, women are leading financial literacy programs, driving fintech solutions, and reshaping access for millions. 🔹"𝘔𝘰𝘴𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘮𝘣𝘢𝘴𝘴𝘢𝘥𝘰𝘳𝘴 𝘢𝘳𝘦 𝘺𝘰𝘶𝘯𝘨 𝘸𝘰𝘮𝘦𝘯. 𝘛𝘩𝘦𝘺’𝘳𝘦 𝘭𝘦𝘢𝘳𝘯𝘪𝘯𝘨, 𝘦𝘢𝘳𝘯𝘪𝘯𝘨, 𝘢𝘯𝘥 𝘴𝘩𝘢𝘱𝘪𝘯𝘨 𝘵𝘩𝘦 𝘧𝘶𝘵𝘶𝘳𝘦," says Jessica Nitiema, Knowledge Manager at Onafriq. These ambassadors help others gain confidence in financial systems while also building a future for themselves. 🔹“𝘐𝘧 𝘢 𝘱𝘢𝘺𝘮𝘦𝘯𝘵 𝘵𝘢𝘬𝘦𝘴 𝘵𝘸𝘰 𝘮𝘪𝘯𝘶𝘵𝘦𝘴 𝘪𝘯𝘴𝘵𝘦𝘢𝘥 𝘰𝘧 𝘵𝘦𝘯, 𝘵𝘩𝘢𝘵’𝘴 𝘵𝘪𝘮𝘦 𝘢 𝘮𝘰𝘵𝘩𝘦𝘳 𝘤𝘢𝘯 𝘴𝘱𝘦𝘯𝘥 𝘸𝘪𝘵𝘩 𝘩𝘦𝘳 𝘤𝘩𝘪𝘭𝘥,” explains Rachel Inebe Muriithi-Nyakabwa, Onafriq's Product Director, who believes financial inclusion is about real-life impact. This #IWD2025, we celebrate the women shaping Africa’s financial future. We commit to accelerating action, expanding opportunities, and ensuring access for all. ✨ #InternationalWomensDay #AccelerateAction #WomenInFinance #FinancialInclusion

For years, Onafriq has been breaking barriers, making borders matter less, and expanding financial access across Africa. But real impact isn’t just about payments—it’s about the people driving change. Women have been at the centre of that transformation from the very beginning. 𝐇𝐞𝐫𝐞'𝐬 𝐰𝐡𝐚𝐭 𝐬𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐰𝐨𝐦𝐞𝐧 𝐢𝐧 𝐨𝐮𝐫 𝐭𝐞𝐚𝐦 𝐡𝐚𝐯𝐞 𝐭𝐨 𝐬𝐚𝐲: 🔹“𝘞𝘩𝘦𝘯 𝘸𝘦 𝘴𝘵𝘢𝘳𝘵𝘦𝘥, 𝘐 𝘥𝘪𝘥𝘯’𝘵 𝘲𝘶𝘪𝘵𝘦 𝘩𝘢𝘷𝘦 𝘢 𝘵𝘪𝘵𝘭𝘦. 𝘞𝘦 𝘸𝘦𝘳𝘦 𝘫𝘶𝘴𝘵 𝘵𝘳𝘺𝘪𝘯𝘨 𝘵𝘰 𝘧𝘪𝘨𝘶𝘳𝘦 𝘪𝘵 𝘰𝘶𝘵. 𝘞𝘦 𝘵𝘰𝘰𝘬 𝘳𝘪𝘴𝘬𝘴, 𝘸𝘦 𝘣𝘶𝘪𝘭𝘵, 𝘢𝘯𝘥 𝘸𝘦 𝘭𝘦𝘢𝘳𝘯𝘦𝘥—𝘶𝘯𝘵𝘪𝘭 𝘸𝘦 𝘣𝘦𝘤𝘢𝘮𝘦 𝘢 𝘧𝘰𝘳𝘤𝘦 𝘪𝘯 𝘈𝘧𝘳𝘪𝘤𝘢’𝘴 𝘱𝘢𝘺𝘮𝘦𝘯𝘵 𝘴𝘱𝘢𝘤𝘦,” says Sharon WELANG, Managing Director for Francophone sub-Saharan Africa, as she reflects on Onafriq's early days. That same bold spirit continues today. Across the continent, women are leading financial literacy programs, driving fintech solutions, and reshaping access for millions. 🔹"𝘔𝘰𝘴𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘮𝘣𝘢𝘴𝘴𝘢𝘥𝘰𝘳𝘴 𝘢𝘳𝘦 𝘺𝘰𝘶𝘯𝘨 𝘸𝘰𝘮𝘦𝘯. 𝘛𝘩𝘦𝘺’𝘳𝘦 𝘭𝘦𝘢𝘳𝘯𝘪𝘯𝘨, 𝘦𝘢𝘳𝘯𝘪𝘯𝘨, 𝘢𝘯𝘥 𝘴𝘩𝘢𝘱𝘪𝘯𝘨 𝘵𝘩𝘦 𝘧𝘶𝘵𝘶𝘳𝘦," says Jessica Nitiema, Knowledge Manager at Onafriq. These ambassadors help others gain confidence in financial systems while also building a future for themselves. 🔹“𝘐𝘧 𝘢 𝘱𝘢𝘺𝘮𝘦𝘯𝘵 𝘵𝘢𝘬𝘦𝘴 𝘵𝘸𝘰 𝘮𝘪𝘯𝘶𝘵𝘦𝘴 𝘪𝘯𝘴𝘵𝘦𝘢𝘥 𝘰𝘧 𝘵𝘦𝘯, 𝘵𝘩𝘢𝘵’𝘴 𝘵𝘪𝘮𝘦 𝘢 𝘮𝘰𝘵𝘩𝘦𝘳 𝘤𝘢𝘯 𝘴𝘱𝘦𝘯𝘥 𝘸𝘪𝘵𝘩 𝘩𝘦𝘳 𝘤𝘩𝘪𝘭𝘥,” explains Rachel Inebe Muriithi-Nyakabwa, Onafriq's Product Director, who believes financial inclusion is about real-life impact. This #IWD2025, we celebrate the women shaping Africa’s financial future. We commit to accelerating action, expanding opportunities, and ensuring access for all. ✨ #InternationalWomensDay #AccelerateAction #WomenInFinance #FinancialInclusion

This #InternationalWomensDay, we celebrate the women who are shaping industries, breaking barriers, and driving progress across Nigeria. 🚀✨ Accelerating action means ensuring that financial independence is within reach for all. With Baxi powered by CDL, Onafriq's agent network in Nigeria, women—from local artisans to thriving merchants—have access to secure and efficient payment solutions that empower them to scale their businesses with confidence. As our teams engage with agents and merchants on the ground, we see firsthand how agency banking is unlocking opportunities, fostering growth, and transforming lives. When women thrive, communities and economies do too. #IWD2025 #AccelerateAction #FinancialInclusion #WomenInBusiness #Baxi #Onafriq

🇬🇲 In Gambia, near the Senegalese border, women-led savings groups are embracing digital finance through Digital Osusu. With AfriMoney, Onafriq, and the support of a grant from International Fund for Agricultural Development (IFAD), they’re moving from cash to digital—gaining control over their financial futures. “Whether you are a user, an agent, or an ambassador, you now have more choices and are more independent,” says Jessica Nitiema, Knowledge Manager at Onafriq. 📌 𝐓𝐡𝐞 𝐢𝐦𝐩𝐚𝐜𝐭 𝐬𝐨 𝐟𝐚𝐫: ✅ 134 savings groups onboarded ✅ 50,000+ USD collectively saved ✅ More women accessing financial security As we build up to #InternationalWomensDay, this is what accelerating action looks like—real change, real empowerment, real impact. #AccelerateAction #IWD2025 #FinancialInclusion #DigitalOsusu #Onafriq

At Onafriq, we enable our partners to empower women to drive change on the ground. Meet MoMo from MTN agents, who leverage Onafriq’s cross-border rails to move funds across Southern Africa. “Care is at our core,” says Tanya Alvis, Onafriq’s VP Commercial for Southern and Eastern Africa. “Every transaction on our platform matters because lives depend on it. These agents aren’t just facilitating remittances—they’re leaders ensuring families receive critical support while building financial independence.” By powering secure, efficient cross-border flows, we amplify the impact of partner networks like MTN’s—helping #AccelerateAction for gender equity. This #IWD2025, we celebrate the resilience of women who turn technology into opportunity. #FinancialInclusion #Onafriq

In Africa’s fast-evolving payments landscape, compliance is a commitment to security, trust, and hassle-free business operations. At Onafriq, we actively safeguard transactions by adhering to global and local regulatory standards, ensuring businesses can scale with confidence. ✅ Security: ISO 27001 & CMML3-certified ✅ Proactive Risk Management: Real-time fraud detection & prevention ✅ Licenced Across Key Markets: Covering multiple African countries With best-in-class technology and a deep understanding of local regulatory landscapes, we make financial transactions safer and more reliable. #Onafriq #Compliance #SecurePayments #Africa

The latest State of Inclusive Instant Payment Systems in Africa report reveals the rapid evolution of Instant Payment Systems (IPS) across the continent. Here are some compelling insights: Explosive Growth: 🌍 Africa now has 31 live IPS in 26 countries, up from just 2 in 2012. In 2023, these systems processed 49 billion transactions worth over $1 trillion, a 39% annual increase since 2019. 💥 Driving Financial Inclusion: 💳 Despite this growth, 45% of adults in sub-Saharan Africa remain excluded from financial services. IPS can provide real-time, low-cost transactions to bridge this gap. 🤝 Challenges & Opportunities: 🔗 Interoperability: Ghana is the only country with domestic inter-scheme interoperability, showing a need for cross-network connectivity. 💼 Diverse Use Cases: While P2P transactions are common, only 24 systems support P2B payments, and just 6 address G2P transactions. 📱 Digital Divide: The reliance on smartphone apps for IPS stresses the importance of access for feature phone users. These insights reveal the potential and challenges of using IPS to foster inclusive digital payments ecosystems in Africa. 🌐 With smarter fintech licensing, robust eKYC frameworks, and targeted regulatory reforms, the journey toward a fully inclusive financial landscape is well within reach. At Onafriq, we continue to drive payments innovations that make borders matter less. Our global omnichannel payment network of networks integrates banks, mobile money, cards, and cash services to deliver secure, real-time transactions that empower businesses and consumers across Africa. 👉 Discover more in the State of Inclusive Instant Payment Systems in Africa 2024 report by AfricaNenda #InstantPayments #AfricaFintech #SIIPS2024