Who Uses AFXO in Africa
From diaspora remittances to DeFi protocols, AFXO serves organizations building real financial infrastructure for African markets.
Remittance Providers
Diaspora flows into Africa exceed $100B annually. Pricing accuracy directly impacts margins and customer trust.
The Challenges
- ×Corridor rates change rapidly
- ×Mobile money payout rates differ from bank rates
- ×Compliance requires rate justification
- ×Thin margins require precise pricing
How AFXO Helps
- ✓Corridor-aware rate data
- ✓High-frequency updates for volatile pairs
- ✓Audit trail for compliance
- ✓Confidence scoring for risk management
Cross-Border Payment Platforms
B2B payment platforms connecting African businesses need reliable FX for real-time settlement pricing.
The Challenges
- ×Multi-hop corridor complexity
- ×Settlement timing vs rate timing mismatch
- ×Counterparty rate verification
- ×Market hour considerations
How AFXO Helps
- ✓Multi-currency coverage in single API
- ✓Historical data for reconciliation
- ✓Webhook alerts for significant moves
- ✓Settlement-aligned update cadence
Fintechs & Neobanks
African fintechs building cross-border products need FX infrastructure that understands local market realities.
The Challenges
- ×Generic global data doesn't fit
- ×Mobile money integration complexity
- ×Multiple rate regimes (official vs market)
- ×Scaling across diverse markets
How AFXO Helps
- ✓Purpose-built for African markets
- ✓Single integration, continental coverage
- ✓Contextual rate understanding
- ✓API-first, developer-friendly
DeFi Protocols
Protocols building African stablecoins, lending products, or DEXs need on-chain FX data that doesn't exist elsewhere.
The Challenges
- ×No Chainlink feeds for African currencies
- ×On-chain data freshness requirements
- ×Oracle manipulation risk
- ×Multi-chain deployment needs
How AFXO Helps
- ✓Chainlink-compatible interface
- ✓Deployed on Avalanche, Polygon, Ethereum
- ✓Multi-source aggregation for manipulation resistance
- ✓Confidence scores for circuit breakers
Trade Finance
Cross-border trade between African nations requires FX pricing for invoicing, hedging, and settlement.
The Challenges
- ×Long settlement cycles create FX exposure
- ×Documentary requirements need rate evidence
- ×Multi-currency invoicing complexity
- ×Credit risk assessment needs FX volatility data
How AFXO Helps
- ✓Historical rate data for contracts
- ✓Point-in-time rate verification
- ✓Volatility metrics for risk assessment
- ✓Audit-ready data export
Treasury Operations
Corporates with African operations need FX data for treasury management, hedging, and reporting.
The Challenges
- ×Multi-country exposure aggregation
- ×Intercompany transfer pricing
- ×Hedge effectiveness measurement
- ×Financial reporting requirements
How AFXO Helps
- ✓Consistent methodology across currencies
- ✓Historical data for accounting
- ✓Rate snapshots for reporting dates
- ✓Enterprise-grade reliability
The Common Thread
Every use case above shares a common problem: generic global FX infrastructure doesn't work for African markets. The currencies aren't covered. The rates don't reflect settlement reality. The update frequency doesn't match needs.
AFXO exists because these organizations need FX data infrastructure that understands African market realities—not as an afterthought, but as the core design principle.
Whether you're building a consumer remittance app or a DeFi lending protocol, if your users transact in African currencies, you need data that reflects how those currencies actually work.
Early Stage?
Building something new in African fintech? Start with our Sandbox tier. Free access to indicative data for testing and development.
Start FreeEnterprise Needs?
Custom SLAs, dedicated support, and full currency coverage. Talk to our team about enterprise requirements.
Contact SalesReady to Build?
Technical documentation, API references, and integration guides are available on afxo.ai.