African fintech startup WeWire has secured a Mauritius Global Treasury Activities License from the country’s Financial Services Commission (FSC), a move that boosts its global transaction capabilities and positions it as a cross-border trade enabler.
Why it matters
WeWire is now the only African fintech offering fully integrated cross-border payments and trade finance tools under one platform.
This could reshape how businesses—especially in emerging markets—navigate international payments.
What it does
- Enables fiat and stablecoin transactions across borders
- Offers faster access to working capital and trade finance than traditional banks
- Provides treasury services to help businesses manage FX risk and liquidity
By the numbers
- $2.2B+ in transactions processed
- 3,000+ business users
- Operating in 80+ countries
- HQ in UAE, with operational base in Ghana and presence in Nigeria, Kenya, Uganda, UK, Canada, and Dubai
The big picture
Many businesses in Africa and other emerging markets face hurdles like compliance delays and banking friction when trading internationally. WeWire’s platform aims to eliminate those pain points with faster, regulated tools.
What they’re saying:
“The world runs on trade,” said CEO Eben Ghanney. “This license takes us a step further in our mission to bridge African businesses with the rest of the world. It lets us help corporations hedge FX risk, tap into liquidity, and unlock trade finance at scale.”
What’s next
With the license in hand, WeWire is doubling down on becoming a “borderless financial ecosystem” that connects Africa with global markets—on its own rails.
