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Fincra has announced the launch of its Multicurrency Account API, which was developed in order to aid global transactions across the region of Africa.
product launch, banking, cross-border payments, cross-border ecommerce
Fincra, a payment company, has obtained an International Money Transfer Operator (IMTO) licence from the Central Bank of Nigeria (CBN).
banking license, central bank, banks, cross-border payments, payments
Ayowole Ayodele, CEO of Fincra, explains how cross-border payments in Africa are costly and complex, with Fincra's global network offering real-time currency conversion to enhance efficiency.
embedded finance, BaaS, banking, fintech, cross-border payments, remittance, bank transfer, local payment method, payments , ecommerce, payout, SWIFT, API, PSP