Payment rails reaching mobile wallets and bank accounts across 40+ African markets
Formerly MFS Africa, Onafriq operates one of the largest cross-border payment networks on the continent, connecting close to a billion mobile money wallets and over 500 million bank accounts through more than 2,000 corridors. It sells collections, disbursements, card issuing and treasury services to businesses rather than consumers, and has been adding regulated USDC settlement for dollar-denominated transactions.
Use when
You need to pay out to mobile money across several African countries from one integration, rather than signing a separate agreement in each market.
Skip when
You are pre-revenue or sending low volumes. This is enterprise infrastructure with contracts and compliance onboarding to match, and pricing is not public.
Mobile money coverage is the reason to use it: reaching M-Pesa, MTN MoMo and Airtel Money through one contract is the thing most global processors cannot do.
Alternatives
