BizTech: This fintech platform seeks to ease cross-border money transactions in Africa - News Summed Up

BizTech: This fintech platform seeks to ease cross-border money transactions in Africa


Business News of Friday, 10 September 2021Source: www.ghanaweb.comWith the introduction of the African Continental Free Trade Area (AfCFTA), payment transactions will come in handy through digital platforms. The intra-Africa agreement which currently has 55 countries participating in the free trade market will require payment integration to achieve a cashless-lite agenda. As part of efforts to address this, a financial technology company, FX Kudi Company Limited, has developed a platform to ease cross-border money transactions in Africa. Chief Executive of the company, Abioye Oyetunji, recounted on BizTech that his idea to develop the platform was birthed out of his own experience in receiving money from his parents to pay school fees. He said this when he spoke with Mawuli Ahorlumegah on GhanaWeb TV’s BizTech segment.


Source: GhanaWeb September 10, 2021 17:37 UTC



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