VALR Expands Financial Access Across Africa through Mobile Money Partnership

Africa's largest crypto exchange, VALR, has made a significant step towards promoting financial inclusion on the continent by partnering with Onafriq, the leading digital payments gateway. The partnership allows VALR users to fund their accounts directly through mobile money in local currencies, streamlining access to digital assets and reducing dependence on conventional banking systems.

Mobile money plays a crucial role in African financial services, enabling everyday transactions, remittances, savings, and credit in areas with limited traditional banking access. According to the GSMA's State of the Industry Report on Mobile Money 2025, global registered mobile money accounts reached 2.1 billion by the end of 2024, with over half a billion monthly active users.

VALR operates a vast digital asset ecosystem, offering spot and margin trading for Bitcoin and over 100 crypto assets, tokenised real-world assets, yield products like lending and staking, and VALR Pay for efficient payments. With this integration, users in supported markets can deposit funds via mobile money and engage with VALR's comprehensive offerings.