Redtech Plans a Kenya-Nigeria Payments Corridor With Kenyan Launch in 2027

Redtech Plans a Kenya-Nigeria Payments Corridor With Kenyan Launch in 2027

Moving money between two African countries can sometimes be more complicated than sending it to another continent. A payment made in one African market may pass through financial institutions outside the continent before reaching its destination, adding time, costs, and unnecessary intermediaries.Redtech, a Nigerian payments technology company, wants to change that by building a digital payments bridge connecting Kenya and Nigeria, with ambitions to extend the infrastructure across Africa.

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Reported by techweez.com.

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