Thunes and Ecobank Group Partner to Enable Instant Cross-Border Payments Across Africa

October 29, 2025
Thunes and Ecobank Group have announced a partnership to enable instant cross-border payments across Sub-Saharan Africa, beginning with Togo and expanding throughout Ecobank’s 32-country network.

Thunes and Ecobank Group have announced a partnership to enable instant cross-border payments for individuals and businesses across Sub-Saharan Africa, announced in a press release.

The collaboration will connect Ecobank’s banking infrastructure with Thunes’ Direct Global Network, which spans over 130 countries and links to 7 billion mobile wallets and bank accounts. The partnership will allow faster settlements, improved liquidity access, and simplified money transfers across borders.

The rollout begins in Togo, where Ecobank Group customers can now receive instant payments from global remittance partners. The initiative will gradually expand across Ecobank’s 32-country network, subject to local regulations.

This partnership follows a memorandum of understanding initially signed between Ecobank and TransferTo, Thunes’ holding company, in 2024, aimed at improving cross-border financial access across Africa.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like Finance AI Weekly or Daily AI Brief.

Also, consider following us on social media:

AI in Finance AI Brief AI Brief (X)

More from: Finance

10/29
Nationwide Commits $1.5 Billion to Technology and AI Through 2028
10/29
FP Alpha Launches NextGen Tax Insights for Financial Advisors
10/28
Bank of America Reports Record Use of AI-Powered CashPro Tools
10/28
Chronograph Integrates Private Capital Data with Claude
10/28
PayPal Unveils Agentic Commerce Services for AI-Driven Shopping

Subscribe to Finance AI Weekly

Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets

AI Token Webinar

Whitepaper

Governing the Future: A Strategic Framework for AI Adoption in Financial Institutions

This whitepaper explores the transformative impact of artificial intelligence on the financial industry, focusing on the governance challenges and regulatory demands faced by banks. It provides a strategic framework for AI adoption, emphasizing the importance of a unified AI approach to streamline compliance and reduce operational costs. The document offers actionable insights and expert recommendations for banks with fewer than 2,000 employees to become leaders in compliant, customer-centric AI.

Read more

You May Also Like