VALR and Onafriq Deliver Mobile Money Access to Digital Assets for Millions Across Africa

[PRESS RELEASE – Johannesburg, South Africa, April 9th, 2026]

VALR, Africa’s largest crypto change by commerce quantity, has built-in with Onafriq, the continent’s main digital funds gateway. This partnership allows VALR customers throughout Africa to fund their accounts immediately by means of cellular cash in native currencies, considerably broadening entry to digital monetary providers for hundreds of thousands of individuals.

Mobile Money’s Role in African Financial Inclusion

Mobile cash serves as a foundational component of monetary providers in Africa, facilitating on a regular basis transactions, remittances, financial savings, and credit score in areas with restricted conventional banking entry. According to the GSMA’s State of the Industry Report on Mobile Money 2025, international registered cellular cash accounts reached 2.1 billion by the top of 2024, with over half a billion month-to-month energetic customers. The sector processed roughly 108 billion transactions valued at greater than $1.68 trillion in 2024, reflecting 20% year-on-year development in quantity and 16% in worth.

In Sub-Saharan Africa, cellular cash continues to drive substantial financial influence, contributing round $190 billion to GDP in 2023 alone. This development is supported by interoperable networks that allow funds throughout main native currencies, together with the Kenyan Shilling, Nigerian Naira, Ghanaian Cedi, and Ugandan Shilling, and by means of cellular cash platforms similar to M-Pesa and MTN MoMo. In nearly all of these markets, cellular cash utilization for home transactions far outweighs conventional strategies similar to bank cards and direct financial institution transfers, in accordance to complementary insights from the World Bank’s Global Findex 2025 report, making acceptance of cellular cash essential to profitable market entry.

Onafriq operates Africa’s largest digital funds community, connecting almost 1 billion cellular cash wallets throughout 43 markets. The integration makes use of this in depth infrastructure to permit direct, local-currency deposits to VALR, settled in stablecoins or chosen crypto, streamlining entry and decreasing dependence on standard banking methods.

Enabling Broader Participation in VALR’s Financial Product Suite

Through this integration, with VALR and Onafriq processing all settlements utilizing stablecoins, customers in supported markets can deposit funds by way of cellular cash and interact with VALR’s complete choices. These embody spot and margin buying and selling for Bitcoin and over 100 crypto belongings, tokenized real-world belongings similar to gold, equities, and personal credit score, yield merchandise like lending and staking, and VALR Pay for environment friendly funds.

By integrating cellular cash on-ramps, the partnership facilitates simpler entry into international digital markets utilizing established native fee strategies.

VALR’s Leadership in Promoting Financial Inclusion

VALR holds a outstanding place in Africa’s digital asset sector, serving over 1.7 million registered customers and 2,000 company and institutional purchasers worldwide. Licensed by South Africa’s Financial Sector Conduct Authority (FSCA) and with regulatory approval in Europe, VALR is devoted to constructing inclusive monetary methods.

“VALR’s partnership with Onafriq deepens our attain throughout Africa and the world, connecting many extra nations and individuals to VALR’s big selection of crypto asset providers and infrastructure,” stated Farzam Ehsani, Co-Founder and CEO of VALR. “Mobile cash has already reshaped monetary entry throughout the African continent. By enabling direct connections in native currencies, we provide hundreds of thousands a sensible pathway to Bitcoin, stablecoins, tokenized gold, and extra, in addition to modern monetary instruments, supporting higher financial participation for everybody.”

Onafriq’s Founder and CEO, Dare Okoudjou, highlighted the importance of the partnership for monetary connectivity throughout the continent. “We are really excited to welcome VALR onto the Onafriq Network, enabling their purchasers throughout Africa to transact freely with the 1bn cellular pockets customers and a whole lot of 1000’s of companies already on Onafriq’s community. VALR is a acknowledged pioneer and chief of Blockchain and Stablecoin applied sciences on the continent, and we glance ahead to working with them to carry the numerous advantages of those applied sciences to individuals and companies throughout Africa.”

About VALR

Founded in 2018, headquartered in Johannesburg, and backed by main traders together with Pantera Capital, Coinbase Ventures, and Fidelity’s F-Prime Capital, VALR is a worldwide crypto change providing a complete suite of merchandise—together with Spot Trading, Spot Margin, Perpetual Futures, Staking, Lending, Borrowing, OTC providers, VALR Invest, Crypto Bundles, and VALR Pay. Licensed by South Africa’s FSCA, with regulatory approval in Europe, VALR serves over 1.7 million registered customers and 2,000 company and institutional purchasers worldwide. The change is devoted to advancing a simply monetary future that upholds human dignity and the unity of mankind. For extra data, go to valr.com.

About Onafriq

Onafriq is an omnichannel community of networks, making borders matter much less by offering our companions with a single pathway to unlock the total energy of cross-border and cross-platform fee options. With a community spanning 43 African markets, Onafriq connects over 1 billion cellular cash wallets, 500 million financial institution accounts, and over 400,000 brokers in Nigeria, enabling home and cross-border disbursements and collections, card issuing and processing, company banking, and treasury providers.

At Onafriq, we carry collectively international and regional enterprises, cellular community operators, cash switch operators, banks, fintechs, international growth organizations, and on-line and offline retailers. With top-notch regulatory and compliance capabilities and a sturdy regional presence encompassing 10 places of work in Africa, in addition to areas within the UK, US, and China, we’re paving the best way for a brand new period of entry for individuals throughout the African continent and past. Learn extra at onafriq.com.

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