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

25 Apr 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.

Play audio


Share:

Comments

No comments

Add your comment

Search Blog

Recent Posts

The Importance of Agile Methodologies for Startup Success In today’s fast-paced business landscape, where...
AI Will Power the Next Wave of Financial Inclusion, Says SANEF’s Uche Uzoebo As progress continues in enhancing financial inc...
Meta Rolls Out New Facebook Measures to Suppress Spam and Support Real Creators Meta has announced a series of new measures aime...
Provisioning-on-Demand Software Can Radically Reduce Wastage for MNOs By Craig Palmer, Chief Executive Officer at VAS-...
Logidoo Opens Global Trade Channels for African Businesses with Groupage Shipping Logidoo, the pan-African logistics platform, has a...

Related Post

Logidoo Opens Global Trade Channels for African Businesses with Groupage Shipping
Logidoo, the pan-African logistics platform, has announced an important pivot to...
Lagos Turns Up for PUBG MOBILE Community Event with 1,000+ Attendees
On March 28, 2025, Lagos transformed into the ultimate gaming destination as PUB...
From Waste to Worth: LG Inspires Eco-Action with Hinckley Recycling Partnership
In a commendable initiative coinciding with Earth Day 2025, LG Electronics has...
Logo

Accelerating the growth of Africa's tech ecosystem