Wapi Pay, a Kenya and Singapore-based fintech startup, has secured investment to enhance its payment gateway connecting Africa and Asia, capitalizing on the growing trade potential between the two regions.

Target Information

Wapi Pay is a fintech startup co-founded by Paul Ndichu and Eddie Ndichu, aimed at revolutionizing the payment landscape between Africa and Asia. The company, headquartered in Kenya and Singapore, is creating a robust payment gateway that facilitates seamless transactions for corporations, merchants, and individuals across these two rapidly evolving regions.

Initially focused on bridging the China-Africa corridor, Wapi Pay has expanded its services to include major Asian economies. This encompasses countries such as India, Indonesia, Japan, Thailand, the Philippines, Malaysia, and Taiwan, thereby enhancing the economic connectivity between the continents.

Industry Overview in Africa

The fintech industry in Africa has been on a rapid growth trajectory, driven by the increasing demand for digital financial solutions. With the continent's young popul