Building the Rails for Digital Africa
Nigeria’s rapidly expanding fintech landscape has birthed several powerhouses — and among them stands Kora, a payment infrastructure company on a mission to simplify how money moves across Africa.
Formerly known as Korapay, Kora was founded in 2017 to solve one of the continent’s biggest challenges: fragmented, unreliable, and expensive payment systems. Headquartered in Lagos, the company provides an end-to-end payments platform enabling global businesses to accept payments, make payouts, and issue cards seamlessly across African markets.
From Korapay to Kora: A Vision Beyond Borders
The company’s rebrand to Kora signaled more than just a new name — it marked its evolution into a full-scale infrastructure provider. Kora’s platform powers everything from local e-commerce transactions to international remittances, giving African businesses and consumers access to digital financial tools that bridge the gap between local and global economies.
Driving Financial Inclusion Through Technology
Kora’s suite of APIs and payment solutions enables merchants to collect funds in multiple currencies and make instant payouts across countries including Nigeria, Ghana, and Kenya. The company’s infrastructure has become a trusted backbone for both startups and established brands operating across borders.
By tackling issues of interoperability and regulatory fragmentation, Kora is not only facilitating smoother business transactions but also driving financial inclusion — connecting millions who have traditionally been locked out of the formal financial system.
Navigating Challenges and Scaling Across the Continent
Africa’s fintech sector is dynamic but complex. Each market has its own regulatory landscape, payment preferences, and technological limitations. Yet, Kora’s ability to adapt has positioned it as one of the continent’s most resilient and innovative players.
The company continues to invest in compliance, data security, and partnerships with financial institutions to ensure it remains at the forefront of digital payments in Africa.
Looking Ahead: The Infrastructure Layer of the Future
As Africa’s digital economy grows, so does the demand for robust financial infrastructure. Kora aims to be the invisible engine behind that transformation — enabling African businesses to operate globally, and global businesses to access Africa’s rising consumer markets.
In an ecosystem crowded with apps and wallets, Kora is betting on the rails beneath them — a strategy that may define the next decade of fintech innovation on the continent.
