B2B Payments Startup Waza, Launches Lync To Help Transform African Businesses International Transactions
Waza, a Y Combinator-backed B2B payments startup, has launched Lync, a groundbreaking banking product designed to transform international transactions for African businesses.
This innovative solution, powered by a recent $8 million funding round, aims to empower enterprises across the continent to navigate global markets with greater ease and efficiency. Lync offers a comprehensive suite of banking features, enabling businesses to seamlessly receive payments and make transactions in over 100 countries.
The platform supports a wide range of currencies, including USD, EUR, GBP, NGN, and stablecoins, providing businesses with the flexibility to conduct international trade in their preferred currencies.
Unlike traditional wallet-based systems, Lync processes transactions under the company’s name, granting businesses full banking access and simplifying payment reconciliation. By leveraging a diverse range of payment rails, including ACH, Fedwire, SWIFT, and local payment rails like the UK’s Faster Payments.
With Lync, empowers African businesses can now seamlessly integrate international trade into their operations, accessing global markets with greater confidence and efficiency. This innovative solution represents a significant step forward in facilitating cross-border commerce for African enterprises and unlocking new opportunities for growth and economic development across the continent.
