Pyvio and Kora Announce Partnership for Seamless B2B Payments in Africa

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


  1. B2B Payments Partnership
  2. Technological Solution
  3. About the Companies

  4. 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

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

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.

Other news

Nike Stock Hits 12-Year Low Amid Rebound Speculation

chest

Nike's stock closed at a 12-year low of $39.09, raising concerns about its future performance and potential for a rebound.

user avatarJesper Sørensen

Payward Joins Project Glasswing to Boost Cybersecurity Efforts

chest

Payward, the parent company of Kraken, has joined Anthropics Project Glasswing to enhance cybersecurity by utilizing Claude Mythos 5 for identifying security vulnerabilities.

user avatarRajesh Kumar

Nvidia's Stock Shows Resilience Amid Analyst Optimism

chest

Nvidia's stock shows resilience with optimistic analyst ratings despite a minor decline.

user avatarFilippo Romano

Nvidia Announces Major Investment in OpenAI's AI Data Centers

chest

Nvidia plans to invest up to $105 billion to assist OpenAI in developing new AI data centers, securing significant computing capacity.

user avatarLucas Weissmann

Ethereum Developers Propose Changes for Privacy Pools

chest

Ethereum developers are considering proposals for privacy pools to pay their own transaction fees, focusing on Frame Transactions and ForkChoice Enforced Inclusion Lists for the 2027 Hegot upgrade.

user avatarEmily Carter

SpaceX's Historic IPO and Billionaire Backing

chest

SpaceX's IPO in June saw its stock price initially soar but has since faced volatility, with significant investments from billionaires.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.