Press release: Kotani Pay Expands to Rwanda and Uganda

Kotani Pay
3 min readOct 30, 2024

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Kotani Pay, a licensed on-ramp and off-ramp service provider, is proud to announce its expansion into Rwanda and Uganda. This development marks a significant milestone in empowering local fintechs and crypto businesses, providing them with the essential tools to reach more customers and accelerate the adoption of digital payments in East Africa.

A Step Forward for Rwanda and Uganda

Rwanda and Uganda are vibrant emerging markets within Africa’s fintech and Web3 landscape, demonstrating a strong commitment to embracing digital finance and blockchain technology. By entering these markets, Kotani Pay enables local businesses and users to access a simplified and compliant on-ramp/off-ramp API. Fintechs and Web3 companies in Rwanda and Uganda can now engage in the global digital economy, expanding their reach and tapping into new client bases.

This expansion serves as a game-changer for fintech firms seeking to bridge fiat and crypto assets. With Kotani Pay’s easy-to-integrate API, these companies can facilitate seamless cash-in and cash-out services, providing customers with effortless access to both traditional and digital currencies. This functionality supports fintechs in scaling their operations and addressing the increasing demand for agile, borderless payment solutions.

Empowering Fintechs with Cash-In and Cash-Out Solutions

With Kotani Pay’s entry into Rwanda and Uganda, fintech businesses can now leverage cash-in and cash-out solutions designed to simplify digital payment integration. The Kotani Pay API is optimized for rapid deployment, allowing fintech companies to create services that cater to the diverse financial needs of their users. From mobile wallets to local bank transfers, Kotani Pay’s solution facilitates swift and secure transactions across traditional and digital payment channels, seamlessly connecting local currencies with blockchain-based financial services.

Supporting Web3 Businesses to Seamlessly On-Ramp and Off-Ramp

For Web3 businesses, Kotani Pay’s expansion means unprecedented opportunities to on-ramp users into crypto and off-ramp them into their preferred fiat currencies. This development is a critical enabler for Web3 firms, wallets, decentralized finance platforms, and exchanges looking to engage users in East Africa’s vibrant crypto markets. With Kotani Pay’s easy-to-integrate API, Web3 companies can scale effectively, providing users in Rwanda and Uganda seamless access to the Rwandan Franc and Ugandan Shilling.

“As we expand into Rwanda and Uganda, we are thrilled to support our clients in navigating these dynamic markets,” said Felix Macharia, CEO of Kotani Pay. “This expansion empowers fintech and Web3 companies to enter with confidence, removing the payment and technical barriers that have previously hindered innovation. We are committed to helping our current and future clients scale seamlessly across borders.”

Bridging Payment Fragmentation Across Africa

Kotani Pay’s ongoing growth reflects its vision to bridge payment fragmentation across Africa. With integrations into 15 major blockchain protocols, Kotani Pay is leading the charge toward unified, accessible payments for Fintech and Web3 businesses. As the company expands its footprint, it remains focused on delivering transparent, seamless payment solutions across Africa.

With the launch in Uganda and Rwanda, 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 is a seamless on-ramp and off-ramp platform, empowering Web3 businesses and users to convert their digital assets — including stablecoins and Sats — into local currencies with unmatched ease and efficiency. With a diverse array of payment channels such as mobile money, e-wallets, vouchers, and banks, Kotani Pay ensures businesses can effortlessly transition between digital and traditional currencies for real-world transactions.

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Kotani Pay
Kotani Pay

Written by Kotani Pay

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