Diadem Akhabue
WeWire, a leading fintech transforming cross-border payments, has secured a Mauritius Global Treasury Activities License from the Financial Services Commission (FSC), signalling the company’s strategic focus on strengthening its transaction capacity globally. This milestone reinforces WeWire’s vision to serve as a banking and trade bridge for businesses trading between Africa and the world and vice versa.
With this new treasury license, WeWire becomes the only African fintech offering fully integrated cross-border payments and trade finance solutions under one platform. This move empowers businesses globally to not only send and receive cross-border payments in both fiat and stablecoins, but also access working capital and trade finance tools with faster approvals than traditional banks.
For businesses in emerging markets, navigating international payment is often complex and burdened by compliance delays, bank rejections, or high-risk labels. WeWire offers a streamlined alternative. The platform simplifies global transactions by combining regulatory-compliant fiat and stablecoin payment rails with trade finance, enabling faster, more reliable access to global markets.
Since launching three years ago, WeWire has processed over $2.2 billion in transactions for 3,000+ businesses across 80+ countries. Headquartered in the UAE with operational headquarters in Ghana, WeWire has expanded its footprints to Nigeria, Kenya, Uganda, the UK, Canada, and Dubai—demonstrating the scalability of its infrastructure and its commitment to supporting global commerce from Africa outward.
Speaking on the new developments, Eben Ghanney, the CEO of WeWire, said, “The world runs on trade. For us at WeWire, we are building solutions that sit at focal points to power seamless trade transactions across multiple currencies. This license takes us a step further in achieving our vision to provide a bridge for global multinational businesses and corporations to trade in and out of Africa easily. We aim to achieve this by providing treasury services, allowing corporations to hedge their FX risk and access trade finance, local currency liquidity lines, and so much more. Raising funds to ensure liquidity means we can focus on growth and identify business opportunities in more sectors”.
The Mauritius license signals a significant leap forward for WeWire’s mission: to build a truly borderless, business-first financial ecosystem that connects Africa to the world—and the world to Africa.
About WeWire
WeWire is a global cross-border payments company bridging the payments gap for businesses in emerging markets. We empower businesses to pay, collect, and reconcile in local and international currencies across 80+ countries via streamlined Multi-currency Business Accounts, Smart Cross-border Invoicing, Stablecoin Payment rails, and OTC Desk, built for cross-border trade. These solutions enable companies operating in or trading with emerging markets to simplify collections, accelerate settlements, and unlock global growth opportunities.
The WeWire platform is purpose-built for high-growth businesses, especially those underserved by traditional banking infrastructure. Whether you’re managing global treasury operations or navigating complex payment corridors, WeWire provides a compliant, efficient, and scalable infrastructure to help your business move money faster, smarter, and further.
