FXKUDI
Founded
2020 in Accra, Ghana — FXKudi was created to simplify cross‑border money transfers and unrestricted global payments across Africa using digital tools and mobile technology.
Founders & Leadership
Abioye Oyetunji — Founder & CEO (recognised on the Forbes Africa 30 Under 30 list for his work with FXKudi)
Afeez Adetunji — Co‑Founder & CTO
Location
Accra, Ghana — operates across multiple African markets including Nigeria, Ghana, Togo, Senegal, Mali, Burkina Faso, Benin, Niger, Côte d’Ivoire, and Guinea‑Bissau.
Industry
FinTech / Cross‑Border Payments & Digital Financial Services — focused on instant money transfer, virtual cards, and borderless global payments.
Overview
FXKudi is a financial technology platform that enables fast, affordable, and near‑instant money transfers between African countries — often with minimal or zero transfer fees — alongside virtual dollar card issuance for unrestricted global online payments. The platform serves both individuals and small businesses who need seamless cross‑border exchanges, helping bypass traditional banking costs and delays.
Core Features & Capabilities
Instant Cross‑Border Transfers: Send and receive money across multiple African countries quickly and securely.
Virtual Dollar Cards: Create virtual payment cards for use on global platforms (e.g., PayPal, Amazon, Apple) and online merchants.
Mobile & USSD Access: Allows transactions via mobile apps and USSD for wider accessibility without internet dependency.
Zero or Minimal Fees: Designed to reduce or eliminate traditional fees for remittances and money movement.
Center for Financial Inclusion
Agent Network Integration: Partners with local agents to facilitate on‑the‑ground services and cash‑in/cash‑out points.
Target Market
Individuals and families across Africa needing low‑cost cross‑border money transfers.
Digital nomads, students, and diaspora users sending money home or managing payments globally.
Small businesses and entrepreneurs needing borderless payment solutions and virtual card capabilities.
Value Proposition
FXKudi combines fast, low‑fee remittances, virtual global‑payment cards, and mobile accessibility to offer a borderless financial experience — helping Africans move money across borders and spend online easily without traditional banking hurdles.