Ravasend is a borderless payments platform that helps Africans, diaspora communities, freelancers, expats, and local users send and receive money across Africa in seconds. The platform enables fast, low-cost transfers to bank accounts and mobile money wallets across 14 African corridors, using transparent pricing, live FX, and partner payment rails to reduce the cost and friction of cross-border payments.
Ravasend’s mission is to make African cross-border payments fast, affordable, and accessible for everyone. We are building the financial rail that allows people to move money across borders as easily as sending a local transfer, helping families keep more of what they earn, enabling freelancers and businesses to get paid faster, and strengthening economic connection across the continent and diaspora.
Sending money across Africa remains slow, expensive, and unreliable. Africans and diaspora users often lose significant value through high transfer fees, hidden FX spreads, failed transactions, delayed settlements, and fragmented payment rails. Traditional remittance providers can take days to settle payments, while informal or P2P alternatives create trust, compliance, and reliability risks. This makes it harder for families, freelancers, businesses, and mobile-first users to move money affordably and confidently.
Ravasend provides a simple app for instant, transparent cross-border transfers across Africa. Users can choose a destination country, enter the amount, view the cost upfront, and send money directly to bank accounts or mobile money wallets. By combining licensed partner infrastructure, multi-currency wallets, live FX, and automated payout routing, Ravasend reduces cost, improves settlement speed, and gives users verifiable proof of payment. The platform is live with 3,000+ users, 14 corridors, and a strong focus on reliability, compliance, and user trust.
Ravasend earns revenue from transaction fees and FX-related payment flows. Users pay a transparent fee when sending or receiving money across supported corridors, while Ravasend also benefits from partner-based payment rail economics across collections, conversions, and payouts. Over time, the business will expand into API-based revenue by offering cross-border payment infrastructure to fintechs, freelancers, platforms, and businesses that need reliable African payout rails.
Want to raise from VCs
Africa
$31k
