onafriq vs PAL
onafriq
Connecting Africa's mobile networks through a single API for seamless digital payments and remittances
501-1000 employees · est. 2009
PAL
Proprietary payment processing for francophone West African businesses and emerging economies
9 employees · est. 2021 · Abidjan, Cote D'ivoire (ivor...
onafriq is the older company (2009 vs 2021); onafriq is the larger of the two.
Side-by-Side Comparison
| Metric | onafriq | PAL |
|---|---|---|
| Founded | ||
| Founded | 2009 older | 2021 |
| Headquarters | ||
| Headquarters | Not tracked yet | Abidjan, Cote D'ivoire (ivory Coast) |
| Employees | ||
| Employees | 501-1000 larger | 9 |
| Industry | ||
| Industry | Financial Services, Fintech, Payments | Finance, Financial Services, Payments |
| Funding Stage | ||
| Funding Stage | Series C | Grant |
| Total Funding | ||
| Total Funding | $220.20M | Not tracked yet |
| Funding Rounds | ||
| Funding Rounds | 9 | 1 |
| Taxonomy | ||
| Taxonomy | Mobile MoneyInteroperability PlatformDigital PaymentsRemittancesAPI IntegrationCross-border Payments +6 | Payment ProcessingMobile MoneyDigital WalletCross-border PaymentsAPI IntegrationAgent Banking +9 |
| Website | ||
| Website | mfsafrica.com | pals.africa |
About onafriq
onafriq, operating under the ethos of "Connecting Africa's mobile networks through a single API for seamless digital payments and remittances," is solidifying its status as a cornerstone in the African fintech sector. Founded in 2009, the company has positioned itself at the forefront of financial i...
About PAL
PAL is a startup offering proprietary payment processing for francophone West African businesses and emerging economies. The company's digital wallet facilitates intra-Africa cross-border payments to mobile wallets and bank accounts within emerging economies, including the FCFA Zone, Ghana, and Nige...
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Compiled from the BounceWatch company index. We last looked at onafriq on 10 Mar 2025, and PAL on 10 Mar 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
