Tulupay Launches Africa's First Unified Financial System

Imagine sending money from Nigeria to Kenya as easily as texting a friend, whether you're using a bank account, mobile money, or cryptocurrency. That future just got closer.

Tulupay announced the prelaunch of its Financial Operating System (FOS), a unified platform connecting Africa's fragmented payment networks into one seamless infrastructure. The system bridges traditional banking, mobile money, blockchain networks, and emerging digital currencies across multiple African countries.

The company already operates in Estonia with active footprints in Nigeria, Kenya, Ghana, Rwanda, and other markets. Their new platform tackles a problem that costs Africans billions each year: slow, expensive cross-border payments through disconnected systems.

"Africa still struggles with fragmented payment rails, high remittance costs, and the absence of a single infrastructure that connects banks, mobile money, and blockchain networks," said Felix Achibiri, Tulupay's founder. The company aims to unlock Africa's $3.4 trillion trade potential under the African Continental Free Trade Area agreement.

The platform includes Tulu Identity, a digital verification system that reduces fraud by 90% while cutting onboarding costs by 70%. Users control their own data, verifying their identity in just two seconds without sharing sensitive personal information.

Tulu Switch acts as the system's nerve center, connecting every type of payment method through one simple interface. Developers can now build apps that work with any African payment system using a single connection point, with automatic currency conversion and instant settlement.

The Ripple Effect

For small businesses, this could transform trade across borders. A shop owner in Ghana could receive an order from Rwanda, get instant financing based on verified buyer credit, ship goods with digital customs documents, and receive payment in their local currency within minutes instead of weeks.

The Tulu Wallet and Tulu Purse work together to let users manage both traditional money and cryptocurrencies in one place. Whether it's mobile money balances, bank accounts, or digital currencies, everything lives under one roof with real-time conversion between different types of money.

Executive Vice President Lavina Ramkissoon captured the vision simply: "We're building the infrastructure that Africa's future financial services will run on."

The platform also enables tokenization of real-world assets like property or trade invoices, making it easier for businesses to access financing and trade across borders. Combined with their hybrid exchange system, users get the speed of traditional platforms with the transparency of blockchain technology.

Built in partnership with The Hashgraph Group and secured by advanced blockchain technology, the system maintains bank-level security while remaining fully compliant with African financial regulations. Regulators are integrated directly into the compliance framework, ensuring transparency without sacrificing innovation.

Africa's financial future is getting simpler, faster, and more connected.

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