African fintech platform PawaPay has strengthened its collaboration with Deriv, enabling mobile money deposits across eight African markets through a single integration. The partnership, launched in 2025, supports connectivity with major mobile money operators and is designed to expand into additional markets over time.
Deriv selected PawaPay to deliver mobile money services without sacrificing localisation or reliability, even as transaction volumes grow. Since the launch, Deriv has observed a measurable increase in mobile money transactions, accelerated by coordinated launch and education campaigns. The reliability of the integration has also reduced failed transactions and ensured predictable settlement—critical factors for a successful payment product.
PawaPay connects businesses to local payment methods across 20 African markets, handling processing, settlement, FX, and reconciliation for global platforms operating at scale. This enables Deriv users to fund their accounts using mobile money wallets they already use day-to-day.
