Cardri wants to power intra-African trade with instant payments and AI risk management
In Africa, one of the most persistent problems, especially for trade, remains the movement of money across borders. Despite numerous fintechs entering the fray, transferring funds between African countries still remains a challenge.
Nigerian fintech startup Cardri wants to change that with its intra-African payment solution.
Founded in 2022 by Bolaji Okunade, Yusuf Ibrahim, and Clement David, and in open testing since September 2024, Cardri began as an attempt to solve international card transaction restrictions but evolved into a financial super app that combines payments with AI-driven financial risk management for small businesses, entrepreneurs, and traders across Africa.
The startup is positioned to bridge the financial divide holding back commerce under the African Continental Free Trade Area (AfCFTA).
Read more: https://techpoint.africa/feature/cardri-startup-feature/
