Klasha and FOMO Pay Forge Alliance to Transform Cross-Border Payments Between Africa and Asia.

12 Jun 2024

Klasha, a leading global cross-border payment company, has entered into a strategic partnership with FOMO Pay, a prominent digital payment and digital banking solutions provider in Asia. This collaboration aims to facilitate seamless cross-border transactions between Africa and Asia, acknowledging the pivotal role Asia plays in Africa's trade relationships.

Recent studies indicate that Asia accounts for more than 40% of Africa's exports and imports. Recognizing the increasing importance of facilitating cross-border transactions between these regions, Klasha and FOMO Pay are joining forces to provide an enhanced platform for merchants and businesses.

Jess Anuna, CEO of Klasha, expressed excitement about the partnership, stating, "We look forward to widening our services to more merchants with this partnership, enabling merchants in Asia to collect payments from the continent more seamlessly through our payment rails."

Zack Yang, co-founder of FOMO Pay, highlighted the significance of the partnership in fostering financial connectivity between Africa and Asia. He stated, "Our partnership is more than just a business collaboration; it's a commitment to fostering seamless payments and economic growth across continents."

The collaboration between Klasha and FOMO Pay opens new avenues for African and Asian merchants, easing market expansion and facilitating entry into new territories. This partnership is poised to empower businesses on both continents, promoting growth in an interconnected global economy through essential cross-border payment solutions.

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