Established in 2017, Kora serves as a payment gateway catering to local and global merchants across Africa’s diverse markets, including Nigeria, Ghana, and Kenya. The fintech facilitates seamless transactions and supports multi-currency payments, enabling businesses to receive payments in various currencies from customers across different African nations.
Diverse Solutions and Features
In addition to its core payment gateway services, Kora offers solutions tailored to various industries such as gaming, betting, hospitality, e-commerce, and travel. Notably, Kora introduced a USD card-acquiring feature in March 2023, enabling users to accept payments in US dollars, thereby enhancing flexibility and convenience for merchants.
Expansion Efforts and UK Office
Expanding its global footprint, Kora inaugurated a UK office in 2022 through a partnership with the West Midlands Growth Company, an entity dedicated to driving investment and economic growth in the region. This strategic move underscores Kora’s commitment to expanding its reach and enhancing its presence in key international markets.
Partnership with Panache Ventures
At a recent event, Kora’s CEO, Dickson Nsofor, highlighted the significance of the partnership with Panache Ventures. By collaborating with Panache Ventures, Kora aims to foster partnerships, offer mentorship, and provide guidance on funding opportunities to support groundbreaking startups in Africa’s evolving technology landscape.
Acknowledgment and Support from Panache Ventures
Prashant Matta, General Partner at Panache Ventures, emphasized the entrepreneurial spirit prevalent in Africa’s tech ecosystem. Matta underscored the importance of collaborative efforts and discussions facilitated by the partnership between Kora and Panache Ventures, emphasizing their collective commitment to nurturing innovative startups across the region.
Source: TechpointAfrica