A Merchant of Record payments platform for global businesses to collect in African currencies, manage compliance, and settle funds in USD, GBP, EUR, CAD, or CNY.

Kyshi Product Overview

Is Kyshi Right for You?

Liners prepares and updates these highlights as product information changes. Editorial standards

Best For

  • Global sellers in Africa
  • SaaS billing in Africa

What It Does Well

  • Collects local currencies
  • Merchant of record setup

Things to Check

  • Supported payment methods
  • Settlement currency options

About Kyshi

Screenshot of Kyshi website

Kyshi is a payments platform and Merchant of Record (MoR) for global businesses that need to collect payments in African markets in local currencies while settling in foreign currencies.

Key capabilities include:

  • Local currency collection and settlement across South Africa, Nigeria, Ghana, Kenya, and Cote d'Ivoire, with support for KES, NGN, ZAR, GHS, and FCFA, plus settlement in GBP, USD, EUR, CAD, or CNY.
  • Payment method coverage through regional partners, including credit/debit cards, e-wallets, and bank transfers, designed for local checkout preferences.
  • MoR compliance handling, including VAT/GST, local regulatory requirements, and data privacy obligations tied to selling across jurisdictions.
  • B2B payments, collections, and payouts, enabling businesses to collect locally and make vendor and supplier payouts in local currency and preferred payment methods.

Available on Web with API-first integration and developer documentation.

Built for B2B teams at small, mid-size, and enterprise companies expanding into African markets and managing cross-border revenue collection.

Notable in the African payments context for combining MoR compliance coverage with multi-market currency collection, plus add-on localized marketing, warehousing and logistics, and local customer support to support market entry. The company states it has processed $300m+ in payments over 3+ years for 500+ global businesses across 100+ countries.

Kyshi Facts

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Social Links
Official Links
African alternative to

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Kyshi Funding History

Liners compiles funding history from company announcements, investor records, and trusted reporting. We refresh it as new rounds are confirmed. How we source data

Kyshi has raised $100K across 3 recorded funding events. The latest was Seed in Oct 2022.

Total Raised:
$100K
Latest Round:
Seed

Kyshi Investors & Funding Rounds

SeedUndisclosedOct 2022
Venture (Round not Specified)$100,000May 2022

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Kyshi Founders & Leadership Team

Liners compiles leadership profiles from official company pages, professional profiles, and trusted public sources. We refresh them as teams change. How we source data
AA
Damilare Adebayo

Latest Kyshi News & Updates

Liners collects product news from official company updates and trusted publications. We refresh coverage as new articles are published. How we source data

Frequently Asked Questions About Kyshi

Kyshi is a Merchant of Record (MoR) platform that helps global businesses accept payments and expand into African markets. It simplifies cross-border transactions by handling payment processing, currency conversion, tax compliance, and local regulations across multiple African countries.

Kyshi's costs are transaction-based and vary by service (e.g., transfer and payment fees), with many account features marketed as having no monthly account fee but fees applied on certain transactions like wires and cross-border payments.

Kyshi operates in South Africa, Nigeria, Ghana, Kenya, and Cote d'Ivoire, with the ability to collect payments in local currencies and settle in GBP, USD, EUR, CAD, or CNY.

Visit the Kyshi website, create an account by providing your email, phone number, and personal details, then complete the required identity verification to access the platform.

Kyshi is best suited for global businesses and enterprises looking to accept payments and sell products or services across African markets, as well as businesses needing to manage vendor payouts in local currencies.

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