Klasha helped Spoynt expand its operations within Africa by facilitating cross-border payments

Spoynt is a fast-growing fintech disruptor headquartered in the United Kingdom with teams in Estonia, Azerbaijan, Switzerland, Ukraine and Turkey. They offer innovative payment solutions and provide businesses with powerful global processing at affordable rates. Spoynt was looking for a payment provider that could facilitate local currency collections in Africa on their behalf. 

Challenge

Spoynt works with merchants with international payment challenges who need help expanding into African countries. They needed a vendor to enable/make African payment infrastructure available to their merchants looking to receive payments from Africa or expand their reach within Africa. In a nutshell, they were looking for a partner to get support for all local African currencies for pay-ins and payouts.

The Klasha Solution 

Sponynt partnered with Klasha to register their merchants on the Klasha platform. Klasha provides the merchants with a dedicated dashboard to track all their real-time payments. KlashaWire provides the transparency needed to scale its operations into Africa.

Since the integration with KlashaCheckout for African collections, Spoynt merchants have been privileged to affordable processing fees and exchange rates, instant settlements, and multiple options for payout currency such as KES, NGN and ZAR. Klasha assigned a dedicated account manager and support engineers to provide real-time updates and support. 

“We at Spoynt were looking for a strong and rapidly developing partner in the African market to provide our customers with new payment services to enable them to expand their business. We needed a partner with the same philosophy and customer service standards. Klasha is about high standards, transparent business partnerships, and a vision to get e-commerce and payments in Africa to new levels. 

We at Spoynt are pleased to work with each member of the Klasha team; we are thankful for the support they provide us and the speed of response to our numerous feedback. ” -  Arif Akhmedzade, CEO.

The Results

Through Klasha's Checkout solution, Spoynt has unlocked 6 African countries and over ten payment methods for their merchants and helped over 50% of their merchants penetrate Africa easily.

KlashaCheckout is a payment solution for merchants and businesses that enables them to accept online payments from customers in Africa and worldwide. KlashaCheckout offers customers a simple, secure, and seamless checkout experience, with support for various payment methods, including cards, mobile money, M-PESA, USSD and bank transfers. Merchants can integrate KlashaCheckout into their website or mobile app using a simple API and get access to real-time transaction data and analytics.

You can book a meeting with our sales team to learn more about KlashaCheckout or any of our Klasha Business Account features that make cross-border payments in Africa more seamless.