Complete List of Top Blockchain Applications

Pyvio and Kora Announce Partnership for Seamless B2B Payments in Africa

by Giorgi Kostiuk

a year 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

Lack of Institutional Support Raises Questions on Bitcoin Price Predictions

The absence of official statements from industry leaders and regulatory bodies casts doubt on Bitcoin's price forecasts.

Miguel Rodriguez15 minutes ago

Ethereum's Role as a Neutral Arbitrator Highlighted

Adriano Feria highlights Ethereum's role as a network of economic actors and a neutral arbitrator, emphasizing its significance beyond just technology.

Luis Floresan hour ago

Japan's Trade Data Reveals Mixed Economic Signals

Japan's trade data for November showed a 6.1% year-over-year increase in exports, surpassing economists' forecasts, but revised GDP numbers indicated a contraction of 0.6% in Q3.