CAPE TOWN, South Africa, June 11 /APO Group: As African trading platforms expand across multiple markets, payment infrastructure has impeded growth where many financial services businesses still struggle to collect funds locally, convert currencies across markets, and settle globally through a single, connected system. The result is fragmented payment operations that are often costly, slow, and difficult to scale.
This challenge posed as a central theme at Trading Festival Africa (formerly Finance Magnates Africa Summit 2026) in Cape Town, where industry leaders gathered to discuss the future of trading and financial infrastructure in Africa.
During conversations with industry players at the summit, a clear need for more efficient payment infrastructure emerged. Many of these forex and trading platforms already rely on Kora’s infrastructure to support their payment operations. The summit highlighted growing interest in stablecoins and alternative settlement methods as businesses seek faster, more cost-effective alternatives to the traditional banking corridor.
Payment infrastructure is what separates platforms that can scale from those that hit a ceiling,” commented Bruno Bawa, Lead, African Partnerships at Kora. “We saw firsthand that most brokers lack the connectivity to process payments seamlessly across 10+ African markets simultaneously. That’s where the real growth opportunity sits.
Finance Magnates Africa Summit 2026 reinforced the importance of building the infrastructure that sits behind financial services. While discussions covered market trends and trading opportunities, many participants recognised that long-term growth depends on faster, more reliable and more connected payment systems.
As demand for cross-border financial services continues to grow, Kora is positioning itself to address this gap. By extending coverage to more African corridors, Kora enables forex brokers to serve their customers across the continent through a single, integrated system.
