Waza comes out of stealth with $8M to power global trade for African businesses
Waza, a Y Combinator-backed payment and liquidity platform, has emerged from stealth mode with $8 million in seed money. The startup aims to make it easier for African businesses and traders to manage and pay their suppliers globally, targeting a $7 trillion market with the potential to generate $25
The future of cross-border payment: Traditional vs digital
Africa is experiencing a rise in regional real-time payment infrastructure, shifting the tide of global remittances. The largest remittance corridors in Africa include transfers between Cameroon and Nigeria, Niger and Nigeria, and South Africa and Zimbabwe.
Verto Pay Redefines Nigerian SME Financial Management
Verto Pay revolutionizes international payments for SMEs, integrating a multi-currency wallet with USD, GBP, EUR, and NGN options. Verto Pay empowers Nigerian SMEs to transact globally without constraints, overcoming challenges like late payments and low transaction limits by banks.
Innovative cross-border payment platforms key for promoting SME agility
SMEs contribute over R900 million to the South African economy. SMEs face challenges such as access to finance, electricity constraints, competitive markets, and skills shortages.
