“We’re seeing a surge in demand for digital payout services in Africa as last-mile customers embrace the enabling power of mobile wallets and online banking,” said Oumar Barry, Co-Founder and CEO of Cauridor. “As two customer-first organizations, we’re working with MoneyGram to ensure our shared customers can receive funds from these transactions swiftly and seamlessly. However, our role extends beyond payment processing. As one of the key reasons MoneyGram continues to choose Cauridor as a partner, our local support teams play a crucial role in educating and guiding customers, ensuring their mobile wallets are set up correctly for seamless transfers.”
The MoneyGram and Cauridor partnership extends back to 2016 with the original focus being on retail cash pickup for customers in Guinea, Sierra Leone and Liberia. The successful relationship has continued to expand over the last several years to include digital payments and a much wider geographical scope, reaching customers with a range of financial solutions globally.
“MoneyGram serves a diverse global customer base, with a strong presence in growing economies where the demand for fast, secure and accessible digital payouts is on the rise,” said Ahmed ALY
Head of ME-SA-APAC at MoneyGram. “To support our customers, we’re committed to partnering with industry leaders that prioritize customer experience, offering competitive rates, the highest standards of transaction processing and localized support. Our partnership with Cauridor is a great testament to this commitment, and we’re excited to expand our collaboration to ensure people across Africa can receive funds with ease.”
Through its direct connection to leading mobile and bank partners in Africa, Cauridor aims to provide market-beating exchange rates to its partners, whilst leveraging its on-the-ground presence in key markets to provide customer support. This is aligned with its mission to create a digitally interconnected economy where customers are able to access a broad range of money transfer and financial services in Africa.
About Cauridor
Founded in 2022, Cauridor is a US-based fintech company with operations in Canada and a growing list of African countries. Cauridor provides international money transfer and payment services focusing on cross border payments to, from and within Africa. They are building the rails to enable businesses to access payment networks in Africa through a single API integration. www.cauridor.com
About MoneyGram
MoneyGram connects the world by making the movement of money across borders seamless, affordable and secure for everyone. Each year, the company serves more than 50 million people in over 200 countries and territories, processing over $200 billion USD annually. MoneyGram spans the globe with over 2,000 employees across 36 countries, representing more than 75 nationalities. Headquartered in Dallas, Texas, and known for its strong and high-performing corporate culture globally, MoneyGram has been named a recipient of the Top Workplaces USA award for three consecutive years.
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