Coys to Unlock Pan-African Payments for Merchants
Summarized and contextualized by DistantNews.
At a glance
- Yuno, a global financial platform, partnered with Onafriq, a Pan-African payments network.
- The integration gives Yuno's clients access to Onafriq's network across 43 African markets via a single API.
- This partnership aims to unlock Pan-African payments for merchants globally, addressing infrastructure limitations.
Yuno, a global financial infrastructure platform, has announced a strategic partnership with Onafriq, the leading Pan-African payments network. This collaboration aims to provide merchants worldwide with access to Africa's most extensive payment infrastructure.
Through this integration, Yuno's clients will gain immediate access to Onafriq's network, which spans 43 African markets. This includes nearly one billion mobile wallets, 500 million bank accounts, and 2,000 cross-border payment corridors, all accessible through Yuno's single, developer-friendly API.
Africa represents one of the most exciting growth opportunities in global commerce, and yet too many merchants are still locked out by payment infrastructure that wasnโt built for scale. Our partnership with Onafriq changes that. By bringing their unmatched African network into our infrastructure layer, weโre giving our clients a single path to a continent-wide ecosystem with the reliability, compliance, and local depth they need to grow with confidence.
Juan Pablo Ortega, Co-Founder and CEO at Yuno, highlighted the significant growth opportunities in Africa, noting that many merchants are currently excluded due to inadequate payment infrastructure. "Our partnership with Onafriq changes that," Ortega stated. "By bringing their unmatched African network into our infrastructure layer, weโre giving our clients a single path to a continent-wide ecosystem with the reliability, compliance, and local depth they need to grow with confidence."
Dare Okoudjou, CEO of Onafriq, echoed this sentiment, emphasizing the need for infrastructure that matches the pace of Africa's payment landscape. "Africaโs payment landscape has never lacked ambition or momentum, what it needed is the right infrastructure that matches its pace," Okoudjou said. "Our partnership with Yuno changes the equation for global merchants who want to be part of this growth story."
Africaโs payment landscape has never lacked ambition or momentum, what it needed is the right infrastructure that matches its pace. Our partnership with Yuno changes the equation for global merchants who want to be part of this growth story.
Originally published by ThisDay. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.