VALR and Onafriq Deliver Mobile Money Access to Digital Assets for Millions Across Africa

VALR and Onafriq Deliver Mobile Money Access to Digital Assets for Millions Across Africa

Johannesburg, April 9, 2026 – VALR, the largest crypto change in Africa by way of commerce quantity, announced a strategic partnership with one among the continent’s most widespread fee gateways, Onafriq. The partnership goals to broaden entry to digital monetary companies for tens of millions by permitting Africans to fund their VALR accounts with cell cash of their local currencies.

Mobile Money’s Central Role in African Finance

Mobile cash is an important side of on a regular basis life in Africa. Mobile cash is used for every part from on a regular basis transactions to financial savings and remittances, particularly in areas the place conventional banks have little presence. In a 2025 report, the GSM Association (GSMA) launched a report analyzing the cell cash trade. In the report, the GSMA discovered that there have been more than 2.1 billion cell cash accounts globally in 2024, more than 1 / 4 of the global inhabitants.

By the start of 2025, the cell cash trade had grown by 20% in quantity and 16% in complete worth, processing more than 108 billion transactions, totaling over $1.68 trillion.

For Sub-Saharan Africans, cell cash is even more important, accounting for ~$190 billion in GDP for 2023 in the area. For most of these areas, cell cash use by way of platforms like MTN MoMo and M-Pesa outstrips the home use of conventional banking. This, successfully, makes integrating cell cash funds an integral a part of breaking into the African market.

For VALR, this means Onafriq, which owns the largest digital funds network in Africa, with over 1 million wallets in 43 markets. With the current integration, VALR will achieve entry to all of this infrastructure, enabling local-currently deposits to be settled in stablecoins or in one among a brief record of cryptocurrencies.

Onafriq Integration Enables Broader Participation in VALR Ecosystem

Onafriq handles processing all consumer settlements with stablecoins, letting customers all across Africa make deposits with cell cash and entry VALR’s full suite of options. This means easy accessibility to  VALR’s vary of 100+ cryptocurrencies, Bitcoin buying and selling, RWAs, lending/staking options, in addition to VALR Pay.

With these cell cash on-ramps, VALR and Onafriq might help Africans enter and take part in global markets. On top of this, they’ll accomplish that with their local foreign money and without help from a conventional financial institution.

VALR Paves the Way for African Financial Inclusion

VALR is already a major participant in the African digital financial system, with more than 1.7 million customers and 2,000+ shoppers among companies worldwide. The change is totally licensed by way of the South African Financial Sector Conduct Authority (FSCA) and has obtained regulatory approval to function in Europe.

Farzam Ehsani, VALR’s CEO and Co-Founder, shared high hopes for its partnership with Onafriq, stating: “VALR’s partnership with Onafriq deepens our reach across Africa and the world, connecting many more countries and people to VALR’s wide array of crypto asset services and infrastructure. Mobile money has already reshaped financial access across the African continent. By enabling direct connections in local currencies, we offer millions a practical pathway to Bitcoin, stablecoins, tokenised gold, and more, as well as innovative financial tools, supporting greater economic participation for everyone.”

Meanwhile, the Founder and CEO of Onafriq, Dare Okoudjou put a highlight on how the partnership will enhance monetary connectivity in Africa. “We are truly excited to welcome VALR onto the Onafriq Network, enabling their clients across Africa to transact freely with the 1bn mobile wallet users and hundreds of thousands of businesses already on Onafriq’s network. VALR is a recognised pioneer and leader of Blockchain and Stablecoin technologies on the continent, and we look forward to working with them to bring the many benefits of these technologies to people and businesses across Africa.”

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