We are building the payment rails in Africa to enable businesses to process money transfers and payments to, from, and within Africa via a single API integration. Through our market-beating exchange rates and on-the-ground customer support teams across the continent we enable our partners to provide a seamless and competitive payment journey to customers throughout Africa.
We link the globe with Africa by partnering with top global money transfer firms, mobile networks, banks, and local fintech companies. Our goal is to digitize financial services by equipping these organizations with technology for global digital payments. We are dedicated to helping African customers go digital, ensuring their payments are sent and received instantly.
We provide international money transfer operators and fintechs with fast and secure digital payout options for their customers in Africa.
Inspired by the opportunities that digitization offers Africa, Oumar Rafiou Barry (Founder and CEO) and Abdoulaye Bah (Co-Founder and CTO), two young entrepreneurs from Guinea, formed BNB Transfer Corp (originally known as EZ Money Transfer) in Canada in 2011. BNB Transfer Corp was founded to allow Guineans living in Canada to send money back home quickly, safely at a low cost, whilst integrating the “last mile of the payments journey” seamlessly into their service, building a product that strives to reduce queue times at, and travel time to cash payout branches.
Cauridor, which focusses on solving these last mile problems, was spun out of BNB Transfer Corp in 2022. Its mission is to develop payments technology in an African context, by merging mobile money (e.g., MTN, Orange) operators, banks (e.g., UBA, Ecobank), and merchants in a single platform that employs blockchain technology to enable interoperable local and cross-border transactions.
In just two years, Cauridor has grown into a global team of over 300 employees who continue this mission today.
Cauridor isn’t just a name and a logo; it carries a significant part of African culture and history. Cowrie shells, known as “cauri,” were used as currency across Africa, Asia, Europe, and Oceania since the 14th century. They were prized for their portability, durability, and difficulty to counterfeit. King Gezo of Dahomey even preferred them over gold because they ensured fair trade.
But cowries were more than money; they symbolized trade power. In the 16th century, Europeans used cowries to access African markets, even trading them for goods and people. In America, cowries were found in spiritual bundles, jewellery, and clothing, suggesting their use as protective charms against enslavement.
Our brand name, Cauridor, honors this rich legacy. “Cauri” signifies currency, while “d’or” means gold, encapsulating the essence of value and heritage.