Africa's $3bn payments champion trades Wall Street polish for regional banking steel as executive turnover points to deferred listing plans and domestic regulatory friction.
The BCEAO’s instant payments platform launched in late 2025 to link banks and mobile wallets across eight countries. Months later, top players Wave and Orange Money have yet to fully join — latest data suggests they have little urgency.
While Orda currently operates in Nigeria and Kenya, this acquisition only covers its Nigerian operations, leaving the future of its Kenyan arm undecided.
Africa's $3bn payments champion trades Wall Street polish for regional banking steel as executive turnover points to deferred listing plans and domestic regulatory friction.
Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.