Afriex Adds Global Innovations Bank for Settlement Services

Aug 17, 2026
Afriex has partnered with Global Innovations Bank for sponsor and settlement banking services to support its payments API, faster settlement, Global USD Account access, and expanded regulatory coverage.
Afriex Adds Global Innovations Bank for Settlement Services

Afriex has partnered with Global Innovations Bank for sponsor and settlement banking services, announced in a press release. The partnership became effective in Q2 2026 and supports Afriex's B2B PaymentsAPI.

Afriex said the relationship will provide faster settlement across supported payment corridors, Global USD Account access, expanded banking and regulatory coverage, and more operational resilience as transaction volume grows. The company processes more than $600 million in annual payment volume and serves businesses moving money across more than 35 countries.

Afriex said the agreement also supports planned treasury, foreign exchange, and global account capabilities over the next year. Its banking network includes partners in the United States, Nigeria, Kenya, and other markets.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like Finance AI Weekly, Enterprise AI Brief or Daily AI Brief.

Also, consider following us on social media:

AI in Finance Enterprise AI AI Brief AI Brief (X)
Free newsletter

Enterprise AI Brief

Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.

AI Token Webinar

Market report

2025 Generative AI in Professional Services Report

Thomson Reuters

This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.