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BudPay Joins Global Financial Leaders at Money20/20 USA to connect African businesses to the world

By Angela Obilom • October 23, 2024 • 2 mins read

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Africa is home to over 50 million micro, small, and medium-sized enterprises (MSMEs), accounting for approximately 80% of the continent’s jobs and contributing significantly to economic growth and poverty alleviation. As these businesses grow, one area where they continually innovate is payments—whether it’s receiving or reconciling transactions. However, the evolving financial landscape demands more than just the use of advanced technologies; it requires solutions that seamlessly bridge local and global economies.

Our commitment extends beyond facilitating payments. As a leading payment solutions provider, we actively engage with global leaders, innovators, and disruptors in Payments, FinTech, and Financial Services. BudPay’s mission is to shape the future of payments and foster meaningful conversations with industry experts and African business owners. Through these dialogues, we share insights, develop solutions, and collectively drive the future of financial services to benefit businesses across Africa.

BudPay will be joining other global industry leaders at Money20/20 USA from the 27th to the 30th of October in Las Vegas. As the world’s leading, premium content, sales, and networking platform for the global money ecosystem, this global gathering enables BudPay to connect with forward-thinking businesses, explore emerging trends, and create partnerships that will unlock new opportunities for African enterprises.

Our participation at Money20/20 USA is to further reiterate our commitment to driving payment innovation and offering tailored financial services to businesses across Africa, particularly those in emerging markets. With our diverse product suite, businesses are empowered to effortlessly receive and make payments, whether domestically or across borders.

By addressing the unique needs of African enterprises, BudPay is helping to build a connected, scalable, and financially inclusive ecosystem with our variety of payment services, including Payment Link, Checkout / Payment Modal with various payment options (Cards, Bank Transfers, USSD, Mobile Money), Invoicing, Bill Payments, Teams & Collaborations and In-Store Offline Payments (QR Codes and Pay with Bank Transfers)

Beyond our unique payment services, a key factor BudPay leverages to foster growth for African businesses is interoperability—the seamless connection of payment systems across borders. Fragmented financial systems currently limit cross-border trade and increase transaction costs, making it challenging for small and medium-sized enterprises (SMEs) to scale. BudPay bridges these gaps by enabling smoother transactions and reducing barriers, empowering businesses to expand beyond their local markets and tap into new opportunities across the continent.

At Money20/20 USA, we will join the world’s brightest minds in shaping the next chapter of the global payments industry, reaffirming our commitment to supporting businesses in Africa with the tools they need to thrive locally and compete globally.


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