Afriex, a global fintech platform, has announced a strategic collaboration with Visa aimed at transforming how people and businesses move money across borders. Through this partnership, Afriex will leverage Visa Direct—Visa’s real-time payment technology—to enable instant delivery of funds directly to eligible Visa accounts around the world, connecting to billions of endpoints seamlessly and securely.
By integrating Visa Direct via its financial institution partner, Afriex is taking a major step toward simplifying and accelerating international transactions. This collaboration ensures that users can send and receive money globally in real time, eliminating the delays and inefficiencies traditionally associated with cross-border payments. It marks a significant milestone in Afriex’s mission to make global payments faster, more transparent, and affordable for all.
For Afriex, the partnership underscores a broader commitment to financial inclusion and innovation. CEO Tope Alabi highlighted that “for the millions of families and businesses who depend on remittances, speed and transparency matter most.” He noted that working with Visa enables Afriex to combine its fintech innovation with Visa Direct’s unmatched reach, ensuring that money moves in seconds—not days.
The collaboration comes at a time when the demand for faster remittances is growing. According to the World Bank, remittances to low- and middle-income countries reached USD 669 billion in 2023. By integrating Visa Direct, Afriex strengthens its position as a bridge for global remittances, ensuring funds reach families, communities, and businesses across continents with greater reliability and ease.
The integration is now live on the Afriex platform and available through the Afriex mobile app, offering users immediate access to real-time global transfers. This development not only elevates Afriex’s capabilities but also represents another step forward in advancing financial connectivity and inclusion worldwide.
