Compared to the global standard of five to six hubs, moving money between Nigeria and China or Singapore can require navigating through up to 16 hubs before the payment reaches the last mile, said Jess Anuna, founder and CEO of Klasha, a global cross-border payments...
Across the African continent, cross-border payments are slow, costly and highly fragmented. As a result of that tripartite challenge, “there might be 16 to 18 hubs for a payment to reach the last mile in some countries,” Jess Anuna, founder and CEO of Nigeria-based tech...
In today’s top stories from Europe, the Middle East and Africa (EMEA), the Nigeria announced the implementation of a 5% tax on mobile devices. Nigeria Implements 5% Mobile Services Tax Nigerian Finance Minister Zainab Ahmed announced a 5% tax in a statement outlining the country’s...
Today in B2B payments, Klavi has raised $15 million in a Series A investment to grow its open finance solution and develop new B2B finance products, and Klasha has added a former PayPal executive as CPO to help in its mission to transform African commerce....
November 27, 2023
Digital payments have reshaped the way travelers manage money, rendering the traditional reliance on cash or traveler’s checks a thing of the past. Today, it’s all about card swipes, phone taps and using online wallets for on-the-go transactions, simplifying the process of planning and booking journeys like never before. However, as the world of travel […]
November 20, 2023
Compared to the global standard of five to six hubs, moving money between Nigeria and China or Singapore can require navigating through up to 16 hubs before the payment reaches...
August 25, 2022
Across the African continent, cross-border payments are slow, costly and highly fragmented. As a result of that tripartite challenge, “there might be 16 to 18 hubs for a payment to...
August 12, 2022
Klasha has appointed former PayPal executive Ayman Jawhar CPO, saying his experience will help the company scale its B2B and B2C products for cross-border African commerce. Jawhar joins the San Francisco and Lagos, Nigeria-based technology company with 15 years of experience at PayPal, Miro, Prodigy Finance and Next47, during which time he led new product […]
