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Overview
Kora provides B2B payment infrastructure across Africa. Through its API, it offers a suite of payment services—pay-ins, payouts, settlements, payment links, virtual bank accounts, bulk payouts, and card acquiring—so businesses can accept and send funds using cards, bank transfers, and mobile money with a single integration. Unlike many peers, Kora focuses on pan-African reach and developer-friendly integration, serving startups, fintechs, and logistics firms, supported by licenses and partnerships that enable cross-border payments and risk management across multiple markets. Its goal is to simplify and scale financial transactions for African-based and cross-border business operations, expanding financial inclusion and payment accessibility across the continent.
About Kora
Industries
Enterprise Software
Fintech
Financial Services
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
Toronto, Canada
Founded
2017
Simplify's Take
What believers are saying
- IATA access in June 2026 gives Kora a global enterprise channel into travel payments.
- USD card-acquiring improves conversion for merchants serving diaspora and international customers.
- Kora’s UK office and Commonwealth-backed visibility strengthen hiring and outbound sales in 2026.
What critics are saying
- Nigeria, Kenya, and UK regulators can still choke expansion through licensing or compliance delays.
- Flutterwave, Paystack, and local PSPs compress margins and steal enterprise accounts quickly.
- If cross-border settlement or AML controls fail again, enterprise trust collapses and Kora loses viability.
What makes Kora unique
- Kora integrated with IATA IFG in June 2026, reaching airline payment flows across Africa.
- Kora launched USD card-acquiring in July 2025, expanding merchant acceptance beyond local currencies.
- Kora’s single API spans pay-ins, payouts, settlements, mobile money, and local alternative methods.
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Benefits
Health Insurance
Paid Vacation
Parental Leave
Flexible Work Hours
Training Programs
Performance Bonus
Company News
The Asset Recovery Agency of Kenya has withdrawn its case against Korapay, the payment solutions company it levied money laundering and card fraud accusations against in July. Documents seen by Technext show that the agency withdrew its application last week. This comes after the National Police in Kenya finalised its months-long investigation into the matter. Mike Muia, the director, of criminal investigations in the Kenyan police, said in a notice that its “investigations are now finalised.”
At the Technext Coinference 2.0, the largest blockchain gathering in Africa, held in Lagos two days ago, key stakeholders and enthusiasts held heated debates on the future of blockchain in Africa. In a series of panel sessions and keynote addresses industry insiders touched on hot-bottom topics ranging from regulations in the crypto space, the future of decentralised finance (DeFi), opportunities for Africa with Web 3 and how NFT is disrupting the industry
Kora, a pan-African payments infrastructure, has been announced as one of the two new Commonwealth-sourced foreign direct investments (FDI) projects for the West Midlands at the Commonwealth Games which opened in Birmingham, UK. India’s first credit platform, The Disposal Company, was the other project announced alongside Kora
Kora, which expanded its operations into Kenya last year, says it has documents supporting its position and expresses confidence that the Kenyan courts will see that the accusations against the company are not only wholly baseless but borderline malicious.
Nigerian Fintech company, Korapay Technology Limited has denied the accusations of money laundering levied against it by the Kenyan Government. In a statement to Technext, Korapay’s spokesperson and head of marketing, Gbenga Onalaja claimed that the accusations are absolutely untrue and that the company will release a statement to back up its claim. This follows a report by Kenyan news outlet, The Standard that the High Court froze three bank accounts belonging to it and Kandon Technologies Limited with sums totalling about Sh45 million ($381,065.29) over suspicion of foreign laundering by the Kenyan Asset Recovery Agency (ARA)
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About Kora
Industries
Enterprise Software
Fintech
Financial Services
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
Toronto, Canada
Founded
2017
There are no jobs for Kora right now.
Find jobs on Simplify and start your career today