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Events / VALR and Onafriq Partner for Mobile...
Business partnership

VALR and Onafriq Partner for Mobile Money Crypto Access

Analysis based on 7 articles · First reported Apr 09, 2026 · Last updated Apr 14, 2026

Sentiment
60
Attention
4
Articles
7
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard
Market Impact

This partnership is expected to significantly boost cryptocurrency adoption and financial inclusion across Africa by integrating digital assets with widely used mobile money systems. It will likely increase transaction volumes for VALR and Onafriq, while also providing new investment avenues for millions of unbanked individuals.

Financial Services Cryptocurrency Mobile Payments
Event Summary

VALR, Africa's largest crypto exchange, has partnered with Onafriq, the continent's leading digital payments gateway. This collaboration enables VALR users across Africa to fund their accounts directly through mobile money in local currencies, bypassing traditional banking systems. The integration leverages Onafriq's network, which connects nearly 1 billion mobile money wallets across 43 markets, allowing direct local-currency deposits to VALR, settled in stablecoins or selected crypto. This initiative aims to broaden access to digital financial services for millions, facilitating easier entry into global digital markets using established local payment methods. VALR's offerings include spot and margin trading for Bitcoin and over 100 crypto assets, tokenized real-world assets, and yield products. Both Farzam Ehsani, CEO of VALR, and Dare Okoudjou, CEO of Onafriq, emphasized the partnership's role in reshaping financial access and connectivity across the African continent.

Key Actions
100 VALR partnered with Onafriq
100 Onafriq integrated with VALR
90 VALR expanded access to digital assets
90 Onafriq enabled mobile money deposits for crypto
40 VALR received regulatory approval South Africa===Financial Sector Conduct Authority
Entities Involved
priv
VALR
VALR has partnered with Onafriq to expand its reach across Africa, enabling users to fund crypto accounts directly through mobile money in local currencies. This integration broadens access to VALR's comprehensive offerings, including trading, tokenized assets, and yield products, strengthening its position in the African digital asset sector.
Importance 100 Sentiment 70
priv
Onafriq
Onafriq has partnered with VALR, leveraging its extensive digital payments network to facilitate direct, local-currency deposits for VALR users. This collaboration enhances Onafriq's functionality by extending its services into digital asset access and strengthens its role in financial connectivity across Africa.
Importance 100 Sentiment 70
per
Farzam Ehsani
Farzam Ehsani, Co-Founder and CEO of VALR, highlighted the significance of the partnership with Onafriq, emphasizing its role in connecting more people to VALR's crypto asset services and infrastructure across Africa.
Importance 70 Sentiment 60
per
Dare Okoudjou
Dare Okoudjou, Founder and CEO of Onafriq, expressed excitement about welcoming VALR to the Onafriq Network, noting the partnership's potential to enable clients across Africa to transact freely with mobile wallet users and businesses.
Importance 70 Sentiment 60
crypto
Bitcoin
Bitcoin is one of the crypto assets that VALR users can access and trade through the new integration with Onafriq, making it more accessible to millions in Africa.
Importance 60 Sentiment 50
crypto
Stablecoin
Stablecoins are used for settlements in the partnership between VALR and Onafriq, allowing users to deposit funds via mobile money and engage with VALR's offerings.
Importance 60 Sentiment 50
cnt
South Africa
VALR is headquartered in Johannesburg, South Africa, and is licensed by South Africa's South Africa===Financial Sector Conduct Authority (FSCA), indicating the country's role in regulating the cryptocurrency exchange.
Importance 20 Sentiment 0
+ 7 more entities View on Dashboard
Relationships
VALR related ↔ Onafriq
Onafriq related ↔ VALR
Farzam Ehsani related ↔ VALR
Dare Okoudjou related ↔ Onafriq
VALR related ↔ South Africa===Financial Sector Conduct Authority
Dare Okoudjou related ↔ VALR
Farzam Ehsani related ↔ Onafriq
Farzam Ehsani related ↔ Dare Okoudjou
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