Centurion Invest and ImpalaPay partner to empower digital assets payments across Africa
By Edlyn Cardoza
Centurion Invest partnered with ImpalaPay, a blockchain-based FinTech company with operations in 134 countries worldwide and 42 African countries. The operation will be conducted under the Centurion Invest Kenya entity.
The partnership will create a payment & exchange platform that will allow the Pan-African and Diaspora communities to conduct business via peer-to-peer and enterprise transactions using multiple interoperable platforms, including mobile money, cards, and bank accounts, to acquire cryptocurrency and digital wallets, that are used today by more than 500 million people.
Centurioninvest.co.ke offers a plethora of digital products available to Kenya, Uganda, Ivory Coast, Malawi, and Ghana to start with, which will then follow South Africa and the whole ImpalaPay network. Because of this joint venture, access to the Centurion ecosystem will be mainstreamed and open doors not only to debit card payments but also to Mpesa, Orange and Airtel clients who can pay on the platform.
With over ten years of experience, ImpalaPay built the first P2P mobile money multi-currency cross-border platform with Bharti Airtel in 2014. The fact is that more than 200 million wallets and over USD 1.8 billion in transactions were powered by ImpalaPay’s interoperability between Airtel and Mpesa, UBA, and Africash between 2018 and 2021.
Centurion Invest’s globalised solution, and a genuine need for crypto in Africa, provide perfect opportunities for innovative and disruptive methodologies for mass adoption. Conventional institutions left the unbanked majority in abandon; with the Centurion ecosystem, people will be able to benefit from the power of decentralised finance.
The relentless CI team has recently announced their exclusive global $CIX Crypto Visa Debit Card. The card is accepted in over 200 countries and can be used across over 70 million merchants. Available in both a virtual version or as a high-quality physical plastic card, users can load and top up their digital assets directly from the card management portal, convert crypto to cash and spend anywhere they see a ‘Visa accepted’ sign. Such products will revolutionise the region and empower all its users, eradicating any boundaries.
IBSi Daily News Analysis
January 16, 2024
$CIX Crypto Visa Debit Card
Egypt among top remittance recipient countries in 2023: World Bank
Read MoreIBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage