Afriex Enhances Payments System with Global Innovations Bank Partnership

Afriex Inc has announced a strategic partnership with Global Innovations Bank (GIB) to bolster its global payments infrastructure. With this collaboration, Afriex aims to enhance its banking network, focusing on faster settlements, better regulatory compliance, and Global USD Account services for businesses in over 35 countries.

Originally a consumer remittance platform, Afriex has evolved to provide a comprehensive cross-border payments framework. By partnering with banks like GIB, Afriex enhances its B2B PaymentsAPI, offering seamless international payment solutions without the necessity for local infrastructure development.

The agreement with GIB marks a significant step in Afriex’s plan to construct a robust international banking network. This move is crucial as the demand for reliable cross-border payment solutions grows, necessitating robust banking relationships.

Effective from Q2 2026, the partnership aims to introduce additional treasury and foreign exchange services, further solidifying Afriex’s position in the global financial infrastructure space.