Kora RoundUp 2025

2025

Simplifying payments on a global scale 2025

Last year was fantastic for us; we built new products, scaled to new countries and grew exponentially.

In 2025, we processed 164% more transactions than in 2024. We expanded Kora to North Africa, launched in Egypt, started beta testing in Tanzania, and deepened our growth in South Africa, Kenya, Côte d'Ivoire and Cameroon.
More Robust
More Accessible
More Secure
Year in review

Last year was fantastic for us; we built new products, scaled to new countries and grew exponentially.

We processed
164%
more transactions than 2024
We launched in
Egypt
and started beta testing in Tanzania
Employee retention rate
95.2%
with an Employee Net Promoter Score of 84
kora roundup badge

2025 in Numbers

In 2025, we launched in Egypt (EGP), bringing Kora's payment engine to North Africa for the first time. We're also working hard to complete our expansion to Tanzania in Q2 2026.

3+

New
Countries

10

Reports
Curated

12

Podcast
Episodes

Kora’s transactions by payment channels in 2025
Africa

Nigeria
Most diversified payment landscape
5
Methods
77.98%
Bank transfers
12.15%
Pay with Bank
6.75%
Cards
2.95%
VBA
0.16%
RBA
Kenya
Single dominant method
Mobile money
100%
Primary method
Egypt
Single dominant method
Mobile money
100%
Primary method
Ghana
Single dominant method
Mobile money
100%
Primary method
Cameroon
Single dominant method
Mobile money
100%
Primary method
Ivory Coast
Single dominant method
Mobile money
100%
Primary method
South Africa
Single dominant method
Pay with Bank (EFT)
80%
Primary method

Kora powers collections through one payment channel in Kenya, Ghana, South Africa, Egypt, Côte d'Ivoire and Cameroon.

Product spotlight

BULK PAYOUTS

Multicurrency bulk payouts in NGN, GHS, KES, ZAR, XAF, XOF & EGP

You can now make payouts across different African currencies in a few steps. Whether you're paying suppliers in Ghana, contractors in Kenya, or partners in Egypt, our multicurrency payout API makes it seamless.
Read more
CONVERSIONS

Conversions on dashboard & API

You can now convert currencies across GHS, KES, ZAR, XOF, and XAF directly on your dashboard and through APIs. This makes managing multi-currency operations significantly easier across Africa.
Read more
VIRTUAL ACCOUNTS

Virtual Bank Account API

Create fixed and dynamic virtual accounts for your customers, simplifying payments for them and your business. Fixed Virtual Accounts provide dedicated account numbers for each customer, ensuring smooth and recurring transactions.
Check it out here
REFUNDS

Multicurrency Refunds on dashboard and API

You can now process refunds through dashboard or API calls. Both channels support Nigerian Naira (NGN), Ghanaian Cedis (GHS), Kenyan Shillings (KES), South African Rands (ZAR), Central African CFA Franc (XAF), West African CFA Franc (XOF) and Egyptian Pounds (EGP).
Read more
PAYMENT LINKS

Multicurrency bulk payouts in NGN, GHS, KES, ZAR, XAF, XOF & EGP

You can now make payouts across different African currencies in a few steps. Whether you're paying suppliers in Ghana, contractors in Kenya, or partners in Egypt, our multicurrency payout API makes it seamless.

Read more
CARD ISSUING APIs

Conversions on dashboard & API

You can now convert currencies across GHS, KES, ZAR, XOF, and XAF directly on your dashboard and through APIs. This makes managing multi-currency operations significantly easier across Africa.

Read more
KORA START UP KIT

Virtual Bank Account API

Create fixed and dynamic virtual accounts for your customers, simplifying payments for them and your business. Fixed Virtual Accounts provide dedicated account numbers for each customer, ensuring smooth and recurring transactions.

Check it out here
KORA START UP KIT

Multicurrency Refunds on dashboard and API

You can now process refunds through dashboard or API calls. Both channels support Nigerian Naira (NGN), Ghanaian Cedis (GHS), Kenyan Shillings (KES), South African Rands (ZAR), Central African CFA Franc (XAF), West African CFA Franc (XOF) and Egyptian Pounds (EGP).

Read more

Product updates

Pay with Bank via API (OPay + PalmPay)

Why waste time chasing two integrations when you can integrate two of the most popular payment channels at once? We've made it easy for you to accept payments from 70M+ OPay and PalmPay users in Nigeria with just one API integration. Check it out here.

Check it out here

Pay with Pool Accounts in GHS, KES, ZAR, XAF and XOF

Pool accounts give your customers more flexibility in how they pay you. We've expanded this feature across multiple African currencies to improve your  collection coverage.

Read more

Kora WooCommerce plugin

E-commerce businesses on WordPress can now integrate Kora into their checkout in a few steps without writing code. This plugin makes it easier for online stores to accept payments across Africa. Check it out here.

Check it out here

Card Issuing without subscription fees

Merchants can now issue customer cards while working toward a PCI DSS certification. We’ve also partnered with an information and card security consulting firm to reduce the pricing certification. In addition, we’ve removed the subscription fees for both Customer cards and Reserved virtual cards making card issuing more accessible to you.

Watch on YouTube

Improvements to the
dashbord

Merchant Stories

Delivering Excellent Customer
Service At Scale

Play

ValueJet is a passenger-centric airline that’s known for their all round service excellence. Kora helps them maintain over 95% success rates in collections.

Read Case Study
Play

Moniebee provides customers with top-tier financial services from virtual cards to wallet services, and bill payment. Here’s how Kora is helping them power their services through APIs. 

Read Case Study
Play

Koolboks has saved over 40,000 tons of food from waste and avoided over 100,000 metric tons of CO2 emissions. They’re on a mission to empower small businesses and create a lasting impact on the planet. Here’s how Kora contributed to their mission

Read Case Study
We showed up across Africa and beyond in 2025, joining conversations about the future of payments, fintech innovation, and Africa's tech ecosystem.

15+ events attended

Speaker Engagements & Collaborations

20+ Guest speaker
appearances

We collaborated with other industry leaders to hold valuable seasons.

Play
Kora Events

Kora Retreat 2025

The entire team at Kora gathered in Lagos for five days. There, we paused to smell the flowers of our progress so far, charted the future, learned from different stakeholders and had a lot of fun.

Watch On Youtube
Play
Kora Events

Kora Retreat 2025

Our World Product Day event was fantastic. It lasted three days and culminated in a physical event with product experts and enthusiasts at the Afronaut. Enjoy the recap.

Watch On LinkedIn
Play
Kora Events

Kora Retreat 2025

In the second edition of Sundown Sessions, we hosted investors, operators, and enthusiasts to talk about AI in Africa and how it is influencing the creative economy, shaping Africa's business models, and the use cases investors are betting on.

Watch On Youtube
Play
Impact

Kora Retreat 2025

For the second edition of BrACCE, we teamed up with Quidax to organize the mentorship cohort and physical event. BrACCE continues to be our way of supporting women in technology careers.

Watch On Youtube
Play
Impact

Kora Endowment
Fund

Last year, we started our NGN200,000,000 endowment fund to support students in Covenant University. Here are the first beneficiaries telling the story of how much it meant to them.

Watch On Youtube
Play
Impact

Kora Retreat 2025

We started The Curve, an academy that trains software engineers and product designers for free, equipping them with the skills to bring their ideas and dreams to life. In 2025, we had our fifth cohort and 72 builders graduated. We’re looking forward to the sixth cohort in 2026.

Watch On Youtube
Kora Events

The Next Frontier For 
Creativity: AI and the 
creator economy

As the not so new AI rave gets in full swing, a race starts to form between those who can build and capitalize on AI versus those who believe its all a rumor. Listen to industry experts take on valuable insights on how they use AI to boost their operations.

Watch On Youtube

Embracing Change: The Role of Adaptability in Design

As the design landscape evolves, adaptability becomes a crucial skill for professionals. Explore how leading designers are integrating flexibility into their workflows to stay ahead of trends and client needs.

Watch On Youtube

Sustainable Practices: Designing for a Greener Future

With growing awareness around environmental impact, designers are called to innovate sustainably. Discover inspiring case studies of brands that are successfully marrying design with eco-consciousness.

Watch On Youtube

The Power of Collaboration in Creative Projects

Teamwork often leads to extraordinary results. Delve into the dynamics of collaborative design processes and how diverse perspectives enhance creativity.

Watch On Youtube
Whitepapes and ebooks

Embedded Finance in Africa 2025 white paper

Our white paper with Kantar unpacks the future of embedded finance trends and opportunities and shows how you can use them to drive revenue for your business.

Local and global fundraising playbook for Africa

In this ebook, Sunil Sharma, Maya Horgan Famodu, and Anil Atmaramani shared practical insights into what founders need to know about raising capital on the continent. The ebook explores investor expectations, storytelling, traction, and due diligence.

A CMO's guide to building lasting customer relationships through personalisation

Our ebook with Bunce explains how personalisation can help you boost retention and drive loyalty. It’s an important read for CEOs, CMOs and marketing professionals.
Embedded Finance in Africa 2025 white paper
FREE
Local and global fundraising playbook for Africa
FREE
A CMO's guide to building lasting customer...
FREE
View All Our Reports
The future of embedded finance report 2025Isometric illustration of a construction site with a crane, cement mixer, bulldozer, road cones, and a construction blueprint.Future series
Expert Industry Insights

Fintech Frontlines
By Kora

Fintech Frontlines is our podcast featuring insights from founders, investors and operators across Africa. Tune in for startup stories and the latest trends shaping the continent.

Balancing standardisation and customisation during expansion
March 24 | 2 Minutes 15 Seconds
Balancing standardisation and customisation during expansion

In this episode, Bruno Bawa, talks about how to customize your product to fit a new market without compromising your product standards.

Researching a new market for expansion
March 24 | 4 Minutes 28 Seconds
Researching a new market for expansion

In this episode, Gerald Black discusses researching the country you're trying to expand into...

How do stablecoins work for remittance companies?
August 18 | 6 Minutes 51 Seconds
How do stablecoins work for remittance companies?

In this episode, Eric Wainana, General Manager Africa at Conduit, shares insights into the  growth and...

Beyond Africa   Beyond Africa   Beyond Africa

What will 2026 look like for Kora
Kora's theme for 2026: Beyond Africa

We are going beyond Africa

In 2026, we're expanding to new markets including Zambia (ZMW), Rwanda (RWF), and Uganda (UGX), and we're adding support for major global currencies including CAD, GBP, HKD, and CNY. We’re building the future of payments in Africa and beyond, and we’re happy we’re doing it with you.
Read more

Pay in NGN, USD, GHS, GDP, KES, ZAR, XAF & XOF

Recent Article
Payments in Cameroon & Cote d"Ivoire are going digital but not through banks

New Possibilities with NGN, USD, GHS, GDP, KES, ZAR, XAF & XOF

Payments in Cameroon and Côte d’Ivoire have gone digital, but not through banks. Mobile Money is reshaping how people move money across Africa.
Read more in Kora Blog

We are going beyond Africa

In 2026, we're expanding to new markets including Zambia (ZMW), Rwanda (RWF), and Uganda (UGX), and we're adding support for major global currencies including CAD, GBP, AUD, HKD, and CNY. We’re building the future of payments in Africa and beyond, and we’re happy we’re doing it with you.
What will 2026 look like for Kora?

Inside Kora: The culture

2025 was incredible for us thanks to you, and we can’t wait to see what 2026 holds for us.

Building in Africa and want to access all the tools you need in one suite? Start here.
Expanding Our Coverage

Now Covering 6+ African 
Countries

Nigeria flagEgypt flagCote divoireCameroon flagGhana flagSouth AfricaKenya flagTanzania FlagNigeria flagEgypt flagCote divoireCameroon flagGhana flag