Company Information

Get to know AfroPay

AfroPay is on a mission to simplify and revolutionize payments across the African continent. The company provides a unified payment infrastructure that allows businesses to accept a wide range of payment methods, including mobile money, bank cards, and bank transfers, through a single API integration. For individuals, AfroPay offers a digital wallet for seamless peer-to-peer transactions and online payments. By bridging the fragmented payment landscape in Africa, AfroPay aims to foster financial inclusion and empower businesses to scale.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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AfroPay

Uganda

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.