Another payment platform is throwing its hat in the ring for African businesses going global. OneKard launched a service aimed at manufacturers, exporters, and schools needing better cross-border money movement. It solves common headaches like slow settlements, currency swings, and weak support from existing global providers. Businesses can open foreign currency accounts, hedge payments, and get same-day transfers.
CEO Tomi Ovia stated the platform was built after seeing how much momentum African companies lose using ill-fitting tools. The goal is to provide clarity, speed, and control over international finances. COO Oluwaseyi Otunla highlighted its focus on real constraints like exchange risk and cash flow timing. This approach helps...