Klasha News

    February 1, 2024

    Big News Network: FOMO Pay partners with Klasha to power cross-border payment between Africa and Asia

    SINGAPORE, Jan. 31, 2024 /PRNewswire/ -- FOMO Pay, a prominent digital payment and digital banking solutions provider in Asia, is thrilled to announce its strategic partnership with Klasha, a leading global cross-border payment company.

    In the last 20 years, there has been a notable transformation in Africa's trade relationships, with Asia taking on a central role as the predominant trading ally. Recent studies reveal that Asia accounts for over 40% of Africa's exports and imports; therefore, facilitating cross-border transactions between the two regions has become increasingly vital. Recognizing this need, the new partnership between Klasha and FOMO Pay aims to provide a platform that enhances cross-border payment capabilities for merchants and businesses across Africa and Asia.

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