# Onafriq
*Also known as Onafriq*

- Website: https://onafriq.com
- Location: London, United Kingdom
- Agent profile: https://directory.haycion.ai/agents/onafriq-com

> Onafriq is a pan-African payments network enabling cross-border payments, collections, agent banking and treasury services for enterprises across Africa.

Onafriq is a Pan-African payments platform that connects banks, mobile wallets, and agent networks to enable fast, reliable money movement and payment collection across Africa. It operates a broad agent network and a multi-channel payments backbone that supports salary and gig payments, merchant collections, cash-in/cash-out, and cross-border settlements. The organization focuses on financial inclusion by providing enterprises, banks, and fintechs with a unified, API-driven payments infrastructure, compliance and security support, and 24/7 onboarding assistance. With coverage across many markets, Onafriq aims to simplify payments, reduce friction for senders and recipients, and unlock economic opportunity by enabling customers to pay and be paid anywhere within its network. The team emphasizes values such as care, simplification, tenacity and revolutionary thinking, and it seeks to enable meaningful payment experiences for partners and end users alike.

**Mission:** WE’RE BUILDING A WORLD WHERE PAYMENTS ARE AS EASY AS PHONE CALLS.

## Products & Services

### [Onafriq App](https://app.onafriq.com)
*Product*
Simplifies payment access for small and medium enterprises across Africa.

- **Real-Time Transaction Monitoring** — Receive Instant Transaction Updates
- **Compliance and Security Features** — Ensure Secure Transactions
- **Wide Payment Options** — Use Various Payment Methods
- **24/7 Customer Support** — Access Always-On Support
- **Seamless Integration** — Connect With Other Services
- **User-Friendly Interface** — Enjoy Intuitive Navigation

### [Baxi](https://onafriq.com/baxi)
*Service*
Seamlessly send and collect payments through a vast agent network across Nigeria.

- **Bank Account Disbursement** — Direct Bank Payments
- **Cash-In Cash-Out Services** — Enhances Cash Accessibility
- **Cash Disbursement** — Simplifies Cash Payments
- **Single Sandbox API** — Streamlines Development Process
- **Account Debit API** — Facilitates Cash Withdrawals
- **Offline Collection** — Enables Diverse Payment Methods
- **Virtual Account API** — Instant Wallet Creation
- **E-Naira Support** — Supports Digital Currency
- **Agent Management** — Streamlines Operations
- **Currency Conversion** — Ensures Fair Value

### [Collections](https://onafriq.com/services/collections)
*Service*
Facilitate diverse payment collection methods for customers across Nigeria.

- **Multi-Channel Payment Options** — Enable Diverse Pay-Outs
- **Agent Network Coverage** — Seamless Cash Transactions
- **Compliance and Security** — Secure Payment Processing
- **Real-Time Confirmation** — Instant Transaction Updates
- **Quick Transaction Processing** — Speed Up Customer Transactions
- **Cash Reconciliation Management** — Simplify Financial Oversight

### [Disbursements](https://onafriq.com/services/disbursements)
*Service*
Facilitates fast and secure disbursements across multiple platforms in Africa.

- **Multiple Payment Methods** — Choose Payment Method Easily
- **Real-Time Transaction Capabilities** — Receive Instant Payment Confirmations
- **Compliance and Security** — Ensure Safe and Secure Transactions
- **Pan-African Reach** — Access Multiple Markets
- **One Integration for Multiple Partners** — Streamlines Payment Processes
- **24/7 Technical Support** — Access Technical Assistance Anytime

### [Card Issuance and Processing](https://onafriq.com/services/card-issuance-and-processing)
*Service*
Seamlessly launch prepaid card programs with customized solutions and fast integration.

- **Global Acceptance** — Facilitate Easy Transactions
- **Enhanced Security Measures** — Ensure Data Safety
- **Customizable Card Solutions** — Empower Customers With Choices
- **Innovative API Integration** — Integrate Easily
- **Rapid Time-to-Market** — Launch Quickly
- **24/7 Technical Support** — Get Support Anytime

### [Treasury Services](https://onafriq.com/services/treasury)
*Service*
Simplifies multi-currency transactions and enhances cash flow efficiency for businesses in Africa.

- **Effective Treasury Management** — Support Real-Time Payments
- **Competitive FX Rates** — Secure Competitive Rates
- **Single Currency Settlement** — Streamline Currency Management
- **Float Continuity** — Ensure Cash Readiness

## Market Segments

- **Agent banking and cash network** (market size $20.0B, CAGR 12.5%): Agent-run cash-in/cash-out and local payment distribution via a nationwide agent network, including agent onboarding, management, offline collections, and agent-enabled disbursements.
- **Payment processing and card issuing** (market size $150.0B, CAGR 11.2%): Card issuing and payment processing infrastructure including instant issuance, 3D Secure, settlement, money transfers and value‑added payment services.
- **Payouts and disbursements** (market size $35.0B, CAGR 34.3%): Cross-channel disbursement and recipient management capabilities for reimbursements, vendor payments, real-time card payouts, and ACH disbursements.
- **Payments and merchant acquiring** (market size $28.2B, CAGR 8%): End-to-end acceptance of online, in-app, and in-store payments with local acquiring, unified commerce capabilities, payment data and financial management, and machine-learning optimization to improve conversions and support market expansion.
- **Treasury and liquidity management** (market size $6.8B, CAGR 12%): Manage nostro positions, currency liquidity and settlement workflows to optimize cross-border cash flows and provider routing.