VALR and Onafriq Enable Mobile Money Access to Digital Assets

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VALR, Africa’s largest crypto exchange by trade volume, has announced a strategic integration with Onafriq, the continent’s leading digital payments gateway. This partnership enables users across Africa to fund their VALR accounts directly using mobile money in local currencies, significantly expanding access to digital assets and financial services for millions of people across the continent.

Mobile money continues to play a central role in driving financial inclusion across Africa, supporting everyday transactions, remittances, savings, and credit access in regions with limited traditional banking infrastructure. With billions of transactions processed annually and rapid growth across the sector, mobile money has become the dominant financial rail for many African markets.

Through Onafriq’s extensive network, which connects nearly 1 billion mobile money wallets across 43 markets, users can now make seamless local-currency deposits into VALR. These funds are efficiently settled using stablecoins or selected cryptocurrencies, reducing reliance on conventional banking systems and improving cross-border financial accessibility.

The integration also unlocks broader participation in VALR’s digital financial ecosystem, which includes spot and margin trading for over 100 crypto assets, tokenised real-world assets such as gold and equities, yield products including staking and lending, and VALR Pay for streamlined payments. This creates a unified gateway between mobile money users and global digital markets.

This collaboration reinforces VALR’s commitment to advancing financial inclusion, as it continues to serve over 1.7 million users and thousands of institutional clients globally. By combining mobile money infrastructure with digital asset services, VALR and Onafriq are strengthening Africa’s position in the evolving global financial system and expanding practical pathways to modern financial tools.

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