Kotani Pay Expands to Tanzania and Cameroon
Nairobi, Kenya — Kotani Pay, Africa’s leading blockchain-based payment platform, is excited to announce its expansion into Tanzania and Cameroon. This strategic move is a key milestone in Kotani Pay’s mission to onboard the next million users across Africa by seamlessly bridging the blockchain world to the real world.
Building on its strong presence in Kenya, Ghana, Zambia, and South Africa, Kotani Pay is now offering its groundbreaking on-ramp and off-ramp solutions in Tanzania and Cameroon. The Kotani Pay API has been enhanced to support collections, payouts, and seamless on-ramp and off-ramp services using mobile money. With this expansion, users in Tanzania can now cash out in Tanzanian Shillings, while users in Cameroon can cash out in Central African CFA Francs (XAF), marking the company’s first venture into Central Africa.
Tanzania and Cameroon
The launch in Cameroon is particularly noteworthy as it marks Kotani Pay’s entry into Central Africa. This expansion represents a major milestone for the company, positioning it as a leading force in Central Africa’s burgeoning fintech landscape. By integrating with local mobile money services, Kotani Pay is set to revolutionize how businesses in Cameroon engage with digital currencies, fostering greater financial accessibility and economic participation.
Kotani Pay’s launch in Tanzania signifies a crucial step in advancing financial inclusion and innovation. The availability of cash-out services in Tanzanian Shillings will empower users to convert digital assets into local currency effortlessly, enhancing their ability to participate in the digital economy and access a range of financial services previously out of reach.
Bridging the Blockchain to the Real World
Kotani Pay’s expansion into these key African markets is set to revolutionize how businesses can interact with digital currencies and blockchain technology. By offering a robust API that integrates with existing mobile money platforms, Kotani Pay is ensuring that anyone with a mobile phone can participate in the digital economy, regardless of their location or financial background.
“Our vision has always been to democratize access to financial services across Africa. By launching in Tanzania and Cameroon, we are not just expanding our presence, but also equipping millions of people with the tools to join the blockchain ecosystem. This expansion is a crucial step in Kotani Pay’s mission to make blockchain technology accessible to everyday Africans. Through our easy-to-use on-ramp and off-ramp services, we are breaking down barriers and enabling seamless integration of digital currencies into daily life.” said Felix Macharia, CEO of Kotani Pay.
A Unified Payment Solution for Africa
Kotani Pay’s platform is designed to offer a seamless experience for users, enabling them to collect and disburse funds directly from and to mobile money wallets. This is a game-changer for businesses and their users, providing a trustworthy and efficient means of managing transactions in local currencies while leveraging the benefits of blockchain technology.
With the launch in Tanzania and Cameroon, Kotani Pay continues to solidify its position as a leader in the African fintech landscape, driving innovation and delivering solutions that cater to the unique needs of the continent.
About Kotani Pay
Kotani Pay serves as a seamless on-ramp and off-ramp(cash in and cash out) platform, empowering web3 businesses and users to convert their digital assets, including Stablecoins and Sats, into local currencies with unparalleled ease and efficiency. With a diverse array of payment channels such as mobile money, e-wallets, vouchers, and banks, Kotani Pay ensures that businesses can seamlessly transition between digital and traditional currencies for real-world transactions.
