Pyvio and Kora Announce Partnership for Seamless B2B Payments in Africa

by Giorgi Kostiuk

2 years ago

Made with AI

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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Tier I

Requires 25% Tier Progress to Claim

Meme Cache

Tier I

Requires 50% Tier Progress to Claim

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Tier I

Sector: #18291

25%

50%

75%

100%

Tier II

Survivors rescued:

0 / 600

Survivors

0/0

Transmit Signal

Broadcast this sector's coordinates to other rescuers.

Other news

Sorare Faces Legal Challenges Over Gambling Allegations

Sorare is facing legal challenges from the Gambling Commission regarding its operations and the classification of its fantasy soccer game.

Katerina Papadopoulou2 hours ago

NCA Freezes £136 Million Linked to Premier League's Sponsorship Deal

The UK's National Crime Agency has frozen over £136 million in a bank account belonging to the Premier League amid an investigation into a crypto sponsorship deal.

Tomas Novak3 hours ago

Shyft Finance Launches First Two Yield Vaults on Ethereum

Shyft Finance is preparing to launch its first two curated yield vaults, shCORE and shYIELD, on the Ethereum blockchain.

Leo van der Veen3 hours ago

shYIELD and shCORE Vaults Set to Open for Pre-Deposits

Shyft Finance's shYIELD and shCORE vaults are approaching their pre-deposit phase, with the company set to publish access information and final allocation details soon.