Capi Money
Capi Money is a fintech company specializing in payment solutions across Africa, offering reliable and affordable international transactions with a focus on improving cash flow and reducing payment clearance times.
Company Overview
Capi Money is a fintech company focused on providing reliable and easy access to currencies across Africa. With a team size of five, part of the S23 batch of Y-Combinator, the company offers its services in both English and French. Capi Money ensures fast transactions, enterprise-grade security, and real-time updates on transfers to improve cash flow and ease working capital needs for businesses in Africa.
Services
Capi Money helps businesses in Africa pay their international suppliers in EUR, USD, or GBP on time. They offer the best exchange rates by eliminating intermediaries, ensuring fast transactions to improve cash flow by reducing waiting times for payments to clear. The company supports reliable, affordable international payments and allows users to sign up and conduct their first transfer on the same day. Capi Money also offers access to XOF and XAF currencies in West and Central African franc zones.
Industry and Sub-Industry
Operating within the fintech industry, Capi Money specializes in the payments sub-industry. The company's mission focuses on providing dependable and affordable currency exchange services to businesses across Africa, helping them settle international invoices efficiently. Their offerings are designed to meet the financial needs of businesses in an increasingly digital age.
Geographical Reach and Language Support
Capi Money primarily operates in the West and Central African franc zones, ensuring always-available foreign currency to avoid last-minute scrambles to settle invoices. The company functions remotely and partly remotely, providing services in both English and French, making it accessible to a broader audience across different regions in Africa.
Security and Compliance
Capi Money prioritizes secure settlement processes. Funds are held with licensed financial institutions, ensuring robust security measures. The company aims to offer a transparent and secure experience for its users, aligned with the best industry practices, and supported by various reputable organizations and companies.