What is Kobopay and how does it work?

Kobopay is a mobile digital banking and payments app that provides Africans globally with multi-currency financial services. You can open and manage wallets in multiple currencies, send and receive money internationally, complete KYC in-app, pay bills and utilities, save money, earn via referrals, and swap currencies seamlessly with no fees.

What countries does Kobopay operate in?

Kobopay is currently available and fully operational in Nigeria, the United States, and Canada.

Does Kobopay have a mobile app?

Yes, Kobopay has a mobile app available for iOS (iPhone, iPod touch, Mac with M1 chip or later, Apple Vision) and Android.

Who is Kobopay best suited for?

Kobopay is best suited for individuals and small businesses, particularly Africans needing global multi-currency banking, payments, and cross-border transfers.

Kobopay

🇳🇬 Nigeria

A multi-currency wallet app for Africans, nomads, and immigrants to send, receive, hold, and manage money across borders in their currency of choice.

Use it on:Web Android iOS

Is Kobopay right for you?

Best for

Nigerians abroad
Remote workers
Cross-border families
Freelancers billing clients
Online sellers paid abroad

What it does well

Multi-currency wallet
Cross-border transfers
Receive money in currency
Payment links
Customer invoicing

Things to check

Supported currencies
Transfer fees
Transfer speed
Withdrawal options
Nigeria-only availability

Kobopay is a multi-currency wallet and mobile fintech app for Africans, nomads, and immigrants who need to send, receive, hold, and manage money in different currencies.

Key capabilities include:

Multi-currency wallet to manage funds in the currency of choice
Send and receive money for cross-border and global payment needs
Global banking services to support financial mobility across countries

Available on Android and iOS.

It targets individual consumers dealing with currency barriers, cross-border living, and international money movement, including African users and diaspora communities.

Notable in the African fintech context, it was founded in 2022, operates across markets including Nigeria and Canada, and has participated in the Tony Elumelu Entrepreneurship Programme.

Categories:

Fintech

Features & Business Model:

b2c cross-border-payments invoicing multi-currency payment-links