Digital Nomads: The founder tackling the impossible intra-African payments problem
Freelancers need to get paid from global employers. Digital nomads need their money to cross borders with them. Businesses of all sizes make payments to bring shipments into their home countries. Students studying abroad want to withdraw the money sent to them from home, and diasporan Africans want to send the same back home.
This demand is driving fintechs to build rails that allow money flow smoothly across borders. There is a joke that if you shake a tree, any tree, a remittance fintech will fall. But these startups are overlooking one critical aspect of cross-border payments: intra-African payments.
