VALR has integrated with Onafriq to allow users across the continent to fund their wallets using mobile money.
Key Takeaways:
VALR and Onafriq integrated to allow mobile money funding across 43 African markets in 2026. Mobile money added $190 billion to GDP in 2023, making this Onafriq deal vital for local growth. Over 1.7 million VALR users can now access Bitcoin and tokenized gold via 1 billion mobile wallets. Expanding Financial Access Through Mobile NetworksIn sub-Saharan Africa, mobile money contributed roughly $190 billion to gross domestic product in 2023. In markets such as Kenya, Nigeria, and Ghana, mobile money transactions significantly outperform credit cards and bank transfers for domestic use.
Farzam Ehsani, co-founder and CEO of VALR, highlighted the human impact of the deal.
