Flagright has announced a partnership with Capi Money, which focuses on facilitating international payments for firms across Africa.
This strategic partnership primarily aims to address the challenges faced by African importers. These challenges include the high cost and extended wait times often experienced during the settling of overseas invoices. Capi Money is committed to offering African businesses the same pricing and speed for international transactions as seen in the US and Europe, aiming to remove the hassle of overseas payments.
Flagright, renowned for its advanced AML and fraud prevention solutions, is set to enhance the security and efficiency of Capi Money’s international payment services. This collaboration is not only a testament to the technological prowess of Flagright but also underlines its commitment to global financial security and efficiency.
Capi Money’s role in this partnership is crucial. As a forward-thinking financial service provider, Capi Money is dedicated to easing the burden of international transactions for African businesses. They are uniquely positioned to leverage Flagright’s technology to offer a secure and seamless experience for businesses needing access to major currencies like USD, EUR, GBP, or RMB for their invoices.
Both companies are united in their vision to transform the landscape of financial services, particularly in the context of African businesses. This partnership is set to redefine the standards of international financial transactions, promoting greater economic prospects for African importers.
Co-founder & CEO of Capi Money, Mitch Riley, said, “Partnering with Flagright is a game-changer for us. Their advanced AML and fraud prevention solutions will greatly enhance the security and efficiency of our international payment services, ensuring our customers can transact with confidence and ease.”
Baran Ozkan, co-founder and CEO of Flagright, commented, “We are excited to work with Capi Money in transforming the way African businesses handle international payments. Our technology aligns perfectly with Capi Money’s vision of efficient and secure financial transactions, setting a new standard in the industry.”
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