Pyvio and Kora Announce Partnership for Seamless B2B Payments in Africa

by Giorgi Kostiuk

2 years ago

B2B Payments Partnership
Technological Solution
About the Companies

Pyvio and Kora have announced a partnership aimed at improving payment capabilities for Chinese B2B e-commerce and media companies operating in Africa.

B2B Payments Partnership

Implementing cross-border B2B payments in Africa remains a significant challenge for international companies. The partnership between Kora and Pyvio is expected to help Chinese e-commerce businesses quickly access compliant payment rails in African markets.

The team at Kora has a deep and nuanced knowledge of the African payments context, and we rely on that to help Chinese e-commerce merchants overcome the many barriers to scaling in Africa. We are excited to partner with Kora. This is a huge milestone in our global expansion strategy and allows us to offer truly 'glocal' payment methods to Chinese businessesLi Kai, CEO of Pyvio

Technological Solution

Kora and Pyvio have been working closely together, providing payment processing services for Jumia, WeChat, and TikTok. Powered by Kora's payment engine, Pyvio can now offer B2B cross-border payments in over 25 African countries, including Nigeria, Ghana, Kenya, and South Africa.

Pyvio’s dynamic solution opens up new payment capabilities for Chinese companies including supercharged pay-ins, payout, cross border payments and card issuance. We are happy to be a partner with Pyvio in their mission to create truly localized payment experiences for Chinese companies doing business in AfricaDickson Nsofor, CEO of Kora

About the Companies

Kora is a pan-African payment infrastructure offering a powerful API for pay-ins, payouts, and cross-border settlements, enabling global companies to scale rapidly across Africa. Pyvio focuses on technological innovation and strengthening global financial infrastructure, with a particular focus on emerging markets.

The partnership between Pyvio and Kora represents a significant step towards improving cross-border B2B payments in Africa, providing Chinese e-commerce and media companies with modern and compliant payment solutions.

Other news

Strategys Phong Le Emphasizes the Importance of Software in Bitcoin Strategy

Phong Le emphasizes the interconnectedness of Strategy's Bitcoin identity and its software business, arguing that both reinforce each other.

Rajesh Kumaran hour ago

Senate Banking Committee to Markup CLARITY Act on May 14

The Senate Banking Committee is set to hold a markup of the long-awaited CLARITY Act on May 14, following significant delays and disputes.

Miguel Rodriguezan hour ago

Ethereum Leverage Ratio Sees Significant Decline on Binance

The Estimated Leverage Ratio for Ethereum on Binance has seen a sharp decline, now sitting at 0.57, indicating a decrease in speculative trading activity.