By making African payments as simple as making a phonecall, We make borders matter less.
Onafriq is a pan-African payments company which enables interoperable cross-border and domestic digital payments. We boast a multi-cultural, multi-talented, agile team from over 30 different nations that is driven to create access to a borderless world - for millions of Africans and African businesses.
It's no secret that mobile money has revolutionised access to certain financial services in Africa and much of the rest of the world. Onafriq has been driving the next step in this revolution since its founding - to bring more possibilities, more connections, more interoperability by connecting mobile money user to each other, bank accounts, MTOs, enterprises and a world of new possibilities.
We have been at the forefront of increasing digital flows not only within Africa but also flows to Africa.
$200 million series C funding secured Read More
A fully integrated on and offline payments “network of networks”
Onafriq brings together a full suite of payment options and a vast last-mile network, enabling access and simplicity for a range of partners. MNOs, MTO, banks, global and local merchants, African SMEs, and global development organisations can collect and disburse payments, access our card issuance and processing services, and access Nigerian consumers and SMEs through our agent network, Baxi.
With access to multiple FX sourcing partners across the continent, Onafriq can provide multiple currencies across Africa for our partners.
Our Investors
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Our Leaders
Dare Okoudjou
Founder & CEO
Christian Bwakira
Group Chief Commercial Officer
Rashi Gupta
Group Chief Operating Officer
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Julian Adkins
Group Chief Financial Officer
Patrick Gutmann
Group Managing Director, Corporate Affairs
Luke Kyohere
Group Chief Product and Innovation Officer
Funmi Dele-Giwa
General Counsel and Chief Risk Officer
Omotayo Ogunlade
Group Chief Technology Officer
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Carolyne Mwaura
Group Head of People
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Meghan Taylor
Group Chief of Staff
Amber Thetford
Chief Product Officer, Cards
Oladapo Richards
Chief Product Officer, Agency services
Filip Nilsson
Chief Product Officer, Forex
Jane Robinson
Deputy Chief Product Officer, FX Treasury
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Adegbola Abudu
Managing Director, Anglophone West Africa
Sharon Welang
Managing Director - Francophone sub-Saharan Africa
Rachel Balsham
Managing Director, Southern and East Africa
Fulgence Stolk
Managing Director, Rest of World
Zamandlovu Ndlovu
Head of Corporate Communications and Marketing
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Richard Hadley
Director, Strategy & Sales Support
This is Onafriq
We unlock access, scaling up your business beyond borders. Because where there’s access, there’s growth.
#AccessGrowth
GOVERNANCE, RISK AND COMPLIANCE
The legal, governance, risk management, and compliance teams within Onafriq form the foundation of the organisation’s second line of defence. They individually provide oversight over business processes and monitor risks within the organisation.
The Governance, Legal, Risk Management, and Compliance Function (“GRC”), working as one global team, is responsible for the oversight, monitoring, reporting, and management of risks according to the scope of their responsibilities, which cut across the Group and are not constrained by functional boundaries. This facilitates improved compliance, enhanced governance, and more efficient risk management and mitigation.
Through our GRC function, we:
- Navigate regulatory complexity: ensure that our payment network adheres to the various local, regional, and global compliance requirements across a range of use cases (e.g. P2P, G2P, trade).
- Onboard new partners at scale with ongoing oversight: conduct partner due diligence, risk rating evaluation and standardised contracting. In an automated and real-time transaction and client screening environment, as well as automated monitoring of partner/client risk profiles.
- Ensure transaction safety and security: automated and real-time AI-driven transaction and fraud monitoring environment.
- Provide sound enterprise-wide risk management: three lines of defence; enterprise risk management framework; incident management; information security and cyber-security programs; ISO, PCI DSS, and CMMI certifications; and
- Reinforce the ‘Fin’ in Fintech: regulatory and compliance layers are embedded in the payments network based on global standards, best practices and local expertise.
We place significant value on our regulatory relationships across the African continent. Within the Onafriq group, we hold 16 payment licences in Mauritius, Ghana, Nigeria, Tanzania, Rwanda, Uganda, the Democratic Republic of Congo, and the United Kingdom.
