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Cross Border Remittances Startups in Africa

Cross-border remittances are a lifeline for many West Africans, but the industry is ripe for disruption. TerraPay and others are making inroads, but local business leaders are skeptical. They want lower fees, faster transfer times, and more transparency. The incumbents have a strong hold on the market, but the challengers are gaining ground. It's a dynamic space to watch.

Avg. Deal Size
$32.9M+0%
Active Startups
7+0%
Total Funding
$263.4M+0%
Avg. Growth
-50%+0%

Market Map

7 companies in this sector

Submit startup
CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
Zuba
Zuba
Nigeria

Zuba is a Cross-border payments into and out of Africa in under five minutes.

-
Seed
-
11-50
No Data
Africhange
Africhange
Nigeria

Send money globally with ease.

-
-
-
100-200
No Data
Hurupay
Hurupay
Kenya

Hurupay is a fintech platform offering stablecoin-backed virtual accounts for freelancers, remote workers, and individuals.

-
Funding Round
-
1-10
No Data
Vepay
Vepay
Nigeria

Vepay is a Nigerian fintech offering seamless cross-border payments, virtual cards, and global transfers.

-
-
-
11-50
No Data
TE
TerraPay
Kenya

TerraPay simplifies global money movement – by providing a single connection to the most expansive cross-border payments network.

$257M
Debt Financing
-
501-1,000
No Data
Nairagram
Nairagram
Nigeria

Nairagram is a US-headquartered remittance service for Nigerians in diaspora.

$7M
Debt Financing
-
11-50
No Data

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