Klasha

A cross-border payments platform that enables businesses to collect, send, hold and settle funds between Africa and Asia, including accepting local payment methods, converting between local currencies and USD/EUR/CNY, and disbursing to bank accounts and mobile wallets. It sells to finance teams and developers at B2B enterprises and merchants that trade between African and Asian markets. It is delivered as API infrastructure plus wire transfers, multi-currency accounts and an app for managing cross-border collections and payouts.

Key features

• Accept payments online from emerging markets
• Send instant payments in CNY to China
• Disburse funds in African currencies
• Send money across Asia in local currency
• Wire funds from emerging markets
• Multi-currency accounts for 120+ countries
• Embedded payments infrastructure
• Single API for collections and payouts
• Local currency settlement to bank accounts and mobile wallets
• Competitive FX rates with T+1-3 settlement