Pesa

Pesa is a mobile fintech app for immigrants, diaspora communities, and small businesses that need to send, receive, hold, and convert money across borders using a multi-currency wallet.

Key capabilities include:

• Multi-currency wallet to manage balances across currencies (including CAD, NGN, USD, GBP, and EUR) for day-to-day cross-border money management.
• International transfers with $0 transfer fees advertised, designed to reduce costs and complexity for sending money to other countries (promotional FX rate applies to a customer’s first $500, per listed terms).
• Currency conversion and exchange rates with in-app tools such as a currency converter/calculator to estimate amounts before sending.
• Security controls including 2-Factor Authentication (2FA) and SSL-secured communication to help protect transactions.

Available on Android and iOS.

It targets B2C users such as Nigerians, Ghanaians, and other diaspora communities sending money home, plus B2B users that need cross-border payment rails (the business offering references EFTs, e-transfers, wires, bill pay, and developer options).

Notable in an Africa-related context, it supports remittance corridors into countries such as Nigeria, Kenya, and Ghana, and lists regulatory registrations across Canada (FINTRAC), the US (FinCEN), the UK (FCA), and Australia (AUSTRAC), which matters for cross-border payments serving African recipients.