July 1, 2025, Singapore - Tranglo, a leading global cross-border payment hub, has expanded its network to five more African countries: Gabon, Chad, Central African Republic, Congo Brazzaville, and Sierra Leone.
This strategic expansion broadens Tranglo's network across Sub-Saharan Africa, reinforcing its commitment to improving financial inclusion, bridging cross-border payment gaps, and streamlining remittance services in emerging markets. With this addition, Tranglo now supports payouts in 28 countries across the continent.
Despite the critical role of remittances, Sub-Saharan Africa remains the most expensive region for cross-border payments, with an average cost of 8.37%, according to the World Bank, higher than the global average of 6.62%. This disproportionately affects individuals and small businesses that rely on affordable and timely transfers.
Tranglo’s entry into these five countries will introduce faster, more secure, and cost-effective payment solutions. At launch, all five countries will support e-wallet transactions for near-instant transfers in local currencies: XAF (Gabon, Chad, Central African Republic, Congo Brazzaville), and SLE (Sierra Leone).
With a strong emphasis on real-time settlements, multi-currency support, and robust compliance protocols, Tranglo aims to be a critical enabler of cross-border payments for businesses, remittance providers, and individuals across Africa.
Tranglo Group CEO, Jacky Lee, said: "Many adults in Africa still lack access to essential financial services. By integrating with e-wallets across these markets, we enable people to send and receive funds quickly and securely in their local currencies, bridging the financial gap in underserved communities.
“We are committed to empowering local businesses, facilitating diaspora remittances, and contributing to the broader agenda of financial inclusion across the continent."
Tranglo helps financial institutions and businesses make cross-border payments through its proprietary solutions. Tranglo seamlessly integrates payout and partner services, unifying the end-to-end process with direct API and portal access. Companies can reliably and securely make payments to over 100 countries.
About Tranglo
Tranglo is a leading cross-border payment hub with a proven track record in business payments, foreign remittances, and mobile payment solutions. Founded in 2008, we have offices in Kuala Lumpur, Singapore, Jakarta, and London. Our global network spans 100+ countries, 300+ mobile operators, 2,500+ banks, 80+ wallets, and 60+ cash pickup outlets with thousands of touchpoints. Tranglo is backed by its shareholders, CURRENC Group Inc., a Nasdaq-listed company, and Ripple, a leading provider of digital asset infrastructure for financial institutions. Through Ripple Payments, we offer enhanced cross-border payout services with even broader coverage. For more information, visit www.tranglo.com or connect with us on LinkedIn, X, or Facebook.