KAOSHI Financial Technology for Banks Powered By Open Banking APIs

Sending money out of an African country is difficult and very expensive. Africans have to resort to this informal money transfer channels in order to boycott the exorbitant channels. However, these informal channels are very risky, disorganized and do not scale.

Kaoshi is leveraging open banking API technology to develop an enterprise platform that African banks can license and incorporate in their internet/mobile banking platform to enable their bank customers send money cross border in a secure, cheap and efficient manner, via a peer to peer currency exchange.