Cross-Border Remittances
COWREX enables fast, cost-effective international transfers, bypassing SWIFT and reducing transaction times from days to near-instant.
Category
- Fintechs
- OTC Desks
- Payments
- Remittances
Use Cases
- B2B Payments
- Payment Settlement
Circle Products Used
- USDC
Blockchains Supported
- Base
- Ethereum
- Solana
- Stellar
On/Off-Ramps
- Yes
Platform
- Web
Free/Paid
- Paid
Region
- Europe
- Middle East and Africa
- North America
Country
- Nigeria
- United Kingdom
Support
Cowrie Integrated Systems Ltd.
Pan-African digital payments group connecting Africa to the global economy.
Cowrie Integrated Systems is a UK-based Pan-African digital payments group providing secure, efficient, and scalable solutions.
Leveraging eNaira (Nigeria’s Central Bank Digital Currency) and a proprietary remittance platform (COWREX), Cowrie delivers instant domestic and cross-border payments, remittances, agency banking (via PoS), and eNaira card services.
Cowrie's offerings include:
- eNaira Card & PoS: Enables retailers and consumers to process secure transactions instantly, bypassing the high fees and settlement delays typical of traditional payment rails.
- COWREX Cross-Border Platform: Facilitates near-instant money transfers and B2B payments, reducing complexity and cost by using distributed ledger technology.
- Telecom & Airtime Distribution: One of Cowrie’s legacy solutions, providing wholesale airtime minutes and data to meet the largely prepaid Nigerian market.
With regulatory approvals in Nigeria (CBN-licensed for payment and remittance) and the UK (FCA-registered), Cowrie’s mission is to bridge Africa’s digital economy with the rest of the world through fast, inclusive, and cost-effective payment infrastructure.
Use Cases
Instant Domestic Payments
Merchants and individuals use Cowrie’s eNaira card and PoS for instant settlement with zero-to-minimal intermediary fees.
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