Bridging Continents: FOMO Pay and Klasha partner to boost Africa-Asia trade

A new collaboration between FOMO Pay, a leading Asian digital payment provider, and Klasha, a global cross-border payment company, is poised to revolutionise trade between Africa and Asia. This strategic partnership comes at a crucial time, with studies revealing that Asia accounts for over 40% of Africa’s exports and imports, highlighting the growing demand for seamless cross-border transactions.

Unlocking Opportunities for Businesses:

By joining forces, FOMO Pay and Klasha aim to empower merchants and businesses across both continents. Key highlights of the partnership include:

• Simplified Collections and Payments:FOMO Pay’s corporate clients can leverage Klasha’s platform to receive payments in local African currencies and methods, while getting payouts in their preferred currencies. This eliminates the complexities and costs associated with traditional cross-border transactions.

• Market Expansion Made Easy: Asian businesses can now unlock new markets in Africa with greater ease, thanks to Klasha’s expertise in navigating the continent’s diverse payment landscape.This opens doors to a wider customer base and accelerated growth potential.

Quotes from Industry Leaders:

Jess Anuna, CEO of Klasha, expressed her enthusiasm: “This partnership unlocks immense potential for merchants in Africa and Asia. Together, we will enable seamless payment collection from Africa for Asian merchants, leveraging our robust payment rails and unique payout capabilities. We are excited to expand our services and empower more merchants through this collaboration.”

Zack Yang, Co-founder of FOMO Pay, echoed the sentiment: “In today’s interconnected world, FOMO Pay and Klasha joining forces marks a significant step towards bridging the financial gap between Africa and Asia. This partnership goes beyond business; it’s a commitment to fostering economic growth and smoother payments across continents. By collaborating with Klasha, we enhance our offerings, expand payment channels, and empower our clients to thrive in the global market.”

The Future of Africa-Asia Trade:

This collaboration paves the way for a more interconnected future for African and Asian businesses. By simplifying cross-border transactions and facilitating market expansion, FOMO Pay and Klasha are unlocking new avenues for growth and prosperity across both continents.