Kora

Kora, formerly known as Korapay, is a prominent pan-African financial infrastructure company dedicated to simplifying digital transactions across the continent. By providing a unified API, Kora enables businesses ranging from startups to multinational corporations to process payments, manage payouts, and handle cross-border settlements through a single integration. The platform supports a diverse array of payment methods, including cards, bank transfers, and mobile money, effectively bridging the gap between African markets and the global financial system. Founded in 2017, the company has evolved from its early roots in blockchain-based NGO tools and remittances into a comprehensive B2B payment engine. Headquartered in Lagos, Nigeria, with an international presence in cities like Toronto and London, Kora is committed to building secure and scalable infrastructure. The company emphasizes regulatory compliance and security, holding key certifications such as PCI DSS and ISO 27001, while continuously expanding its footprint to empower merchants to scale operations across Africa.

Kora’s mission is to build a safe, secure, and seamless payment engine that empowers local and global merchants to scale across Africa, ultimately eliminating digital financial barriers and connecting the continent to the global financial system.

• Received a commercial Payment Service Solution Provider (PSSP) license from the Central Bank of Nigeria in 2022
• Participated in the prestigious Techstars Toronto accelerator program in 2019
• Maintains rigorous security standards including PCI DSS and ISO 27001 compliance
• Successfully navigated and resolved regulatory investigations in Kenya, confirming full compliance

Sources

• Kora Official Website
• Wikipedia: Kora (Fintech company)
• BusinessABC: Kora Profile
• CB Insights: Kora Profile