African-focused money transfer platform Kyshi has announced the launch of its beta version , “Kyshi for Business,” to enable businesses transact across multiple countries, including the UK, U.S., Canada, China, and several African nations, including Nigeria, Ghana, Kenya, South Africa, and Senegal.
The platform which is headquartered in UK offers multi-currency accounts and a money transfer platform with market-leading product features that help users send money and swap currencies across borders safely, conveniently, at low costs, and on time.
Founded in July 2020 by Ayo Akindele, the company offers 2% – 3% cashback on all purchases made through Kyshi Connect, including airtime, data plans, health plans, auto/gadget insurance, utility bills, cinema/event tickets, shipping, and other services.
The platform offers real-time transaction tracking, virtual account generation, and international payment processing in over 100 countries.
Kyshi for Business also supports accounting integrations to enable businesses to keep track of their transactions seamlessly and offer a mobile app marketplace, Kyshi Connect, that allows African online merchants to accept diaspora payments from millions of Africans residing in the UK, US, EU, and Canada.
Kyshi’s platform wants to be a one-stop solution for businesses intending to provide cross-border transactions and provides a new avenue for African online merchants to expand their customer base.
The company is positioning itself as a trusted cross-border business partner and is open for businesses to join the beta version of the platform.