"VALR's strategic partnership with Onafriq enables African users to fund their wallets using mobile money, bypassing traditional banking hurdles and enhancing financial access."
"The integration connects nearly 1 billion mobile money wallets across 43 markets, allowing over 1.7 million VALR users to access a wide range of financial tools."
"Mobile money contributed roughly $190 billion to gross domestic product in 2023, underscoring the significance of this Onafriq deal for local economic growth."
"The partnership involves stablecoin settlements, ensuring transaction speed and stability, while users gain access to VALR's full suite of products, including trading and real-world assets."
VALR has partnered with Onafriq to allow users in 43 African markets to fund their cryptocurrency wallets using mobile money. This integration connects nearly 1 billion mobile wallets, facilitating access to financial tools like bitcoin and tokenized gold. Mobile money significantly contributed $190 billion to GDP in 2023, highlighting its importance for local economies. The partnership utilizes stablecoin settlements for transactions, ensuring speed and stability. Users can access VALR's products, including trading options and real-world assets, enhancing financial inclusion across the continent.
Read at news.bitcoin.com
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