Money Industries partners with Klasha to power cross-border payments for local and international merchants

Money Industries, a pioneer in cross-border fintech solutions, and Klasha, a leading global cross-border payment company, are joining forces on a strategic partnership for cross-border money transfers and payment systems. This partnership will enable Money Industries’ merchants to expand into the African market by leveraging Klasha’s payment gateway to process cross-border payments from African customers.

With this partnership, Money Industries merchants can now accept payments from African customers in local African currencies and receive payouts in hard currencies such as USD, EUR, and GBP. This integration simplifies the complexities of cross-border transactions, providing merchants with a streamlined solution to manage global payments as they expand their reach into Africa.

Kutay Yalınkılınç, CEO of Money Industries, shared his thoughts on the partnership:

“Money Industries " was conceived to offer financial institutions seamless and unrestricted global transactions. This agreement with Klasha marks a significant expansion of Money Industries’ footprint to a new continent. We believe this collaboration will create substantial opportunities for cross-border money transfers and payment solutions between all the countries where Money Industries operates and Africa.”

Jess Anuna, CEO of Klasha, commented on this important partnership:

"We are thrilled to partner with Money Industries to enable collections for their merchants. This partnership marks another milestone in our mission to give Africans frictionless access to global goods and services, as experienced in other parts of the world. With Money Industries, we're making cross-border payments easier, faster, and more accessible for businesses expanding into the continent."

Combining Money Industries’ advanced technological infrastructure with Klasha’s strong regional expertise will make cross-border transactions faster and more secure. This collaboration will bring global financial markets closer, allowing businesses and individuals to establish stronger global connections.