Kappa provides cross‑border payment services for businesses and individuals in Central and West Africa, enabling fast transfers to destinations such as the US, EU, and China. The platform offers low fees, competitive exchange rates, and high transaction limits backed by encryption and anti‑fraud technology. Users can fund payments via bank connections or cash deposits and receive live support in English and French.
Funding
$8.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses and individuals in Cameroon face challenges with high fees, slow processing times, and limited transaction limits when sending and receiving international payments. This can hinder their ability to conduct cross-border trade and financial transactions efficiently.
Solution
Kappa is a financial platform designed to streamline global payments for businesses and individuals in Cameroon. It enables users to send and receive money across borders with low transaction costs, competitive exchange rates, and high transaction limits suitable for business needs. Kappa facilitates payments to various countries, including the US, EU, China, and the UAE, with guaranteed arrival and settlement times. The platform supports seamless payment flows by allowing users to connect their bank accounts or make cash deposits to fund transactions. Kappa also incorporates state-of-the-art encryption and anti-fraud technology to ensure secure and reliable transactions.
Target Audience
Kappa primarily targets businesses and individuals in Cameroon and the CEMAC region who need to send and receive payments internationally.
Features
- Fast international payments to the US, EU, China, and UAE
- Low transaction fees and competitive exchange rates
- High transaction limits for business use
- Guaranteed arrival and settlement times
- Bank account connectivity and cash deposit options for funding transactions
- State-of-the-art encryption and anti-fraud technology
- Live support in English and French