#CrossBorderPayments

Bitmama Expands Payment Solutions Across Eighteen African Countries Successfully

KenMichaelsSeptember 3, 2024August 28, 202508 mins

TL:DR, Bitmama and MANSA have joined forces to revolutionize cross-border payments across 18 African nations by providing enhanced liquidity and blockchain solutions. Nigerian cryptocurrency exchange Bitmama announces a strategic alliance with blockchain payment provider MANSA to expand multi-currency services and cater to Africa’s expanding Web3 community. MANSA will provide liquidity infrastructure in support of Bitmama’s…

Send USDT remittances using Celo wallet for low costs.

KenMichaelsMarch 28, 2024November 4, 2025010 mins

TL;DR, With a circulating supply exceeding 102 billion, Tether’s integration of USDT on Celo creates a powerhouse for mobile-first, low-cost stablecoin cross-border payments, targeting financial inclusion. Celo’s phone-number-to-wallet framework makes sending USDT as simple as texting, eliminating traditional banking barriers and offering a sustainable, low-cost alternative to expensive Ethereum network fees. The USDT on Celo…

De-Dollarization Dreams Meet African Reality: Inside the BRICS Payment System

KenMichaelsMarch 12, 2024December 2, 2025016 mins

TL;DR, The BRICS payment system uses blockchain and CBDCs for local-currency settlements, but July 2025 talks confirmed no unified currency—raising questions about Africa’s sovereignty versus dependency trade-offs. While Nigeria’s eNaira struggles with adoption and stablecoin use explodes, African nations face a choice: integrate PAPSS, BRICS rails, and Western systems, or risk new digital…

Strike Africa Promises Bitcoin Payments Without the Crypto Learning Curve—But Does It Deliver?

KenMichaelsMarch 7, 2024December 8, 2025014 mins

TL;DR Strike Africa launched in 7 countries using Bitcoin Lightning Network for instant remittances, targeting Nigeria’s 26 million crypto users amid the naira’s 50% February 2024 crash. The platform promises “zero-fee” transfers but applies variable FX spreads and faces serious regulatory risks after Nigeria blocked major crypto exchanges just weeks before launch. Users…

Why Eversend fintech Wins on Fees, Speed, and Compliance Across Africa

KenMichaelsFebruary 2, 2024December 8, 2025014 mins

TL;DR, Eversend fintech, a capital-efficient African payments startup, processed over $230M with just $1.2M in funding by focusing on strong unit economics, achieving a 62% gross margin and a 19:1 LTV/CAC ratio. The platform evolved from consumer remittances to essential B2B infrastructure, using stablecoins to settle cross-border payments in minutes for African businesses…

Web3 Neobank Canza Finance Secures $2.3M to Scale Baki, Its Low-Cost African Forex Platform

KenMichaelsJanuary 20, 2024December 22, 2025011 mins

Web3 Neobank Canza Finance raised $2.3 million as it scales Baki, a synthetic FX DeFi platform using USDC-collateralized zTokens to lower cross-border payment costs for African SMEs.

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Tag: #CrossBorderPayments

Bitmama Expands Payment Solutions Across Eighteen African Countries Successfully

Send USDT remittances using Celo wallet for low costs.

De-Dollarization Dreams Meet African Reality: Inside the BRICS Payment System

Strike Africa Promises Bitcoin Payments Without the Crypto Learning Curve—But Does It Deliver?

Why Eversend fintech Wins on Fees, Speed, and Compliance Across Africa

Web3 Neobank Canza Finance Secures $2.3M to Scale Baki, Its Low-Cost African Forex Platform

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