Korapay: Allows Nigerian migrants to send money back home

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Korapay: Allows Nigerian migrants to send money back home

Korapay: US cross-border payments service, connecting Nigerian migrants with their relatives back home

  • Korapay is based in Lagos, Nigeria, and found by Dickson Nsofor, CEO
  • The firm is currently open to 12 states in the US
  • The cross-border service has a record transaction delivery time of about 60 minutes
  • That anyone can send money directly to any naira bank account in Nigeria
  • It also offers rates up to six times cheaper than other similar services
  • Their mission is to serve all of Africa via one single API
  • They aim to create a connection between Africa and global the financial system