onafriq
Connecting Africa's mobile networks through a single API for seamless digital payments and remittances.
501-1000 employees · est. 2009
onafriq is the older company (2009 vs 2016); onafriq is the larger of the two.
Side-by-Side Comparison
| Metric | onafriq | Tola Mobile |
|---|---|---|
| Founded | ||
| Founded | 2009 older | 2016 |
| Headquarters | ||
| Headquarters | Not tracked yet | Dublin, Ireland |
| Employees | ||
| Employees | 501-1000 larger | 14 |
| Industry | ||
| Industry | Financial Services, Fintech, Payments | Payments, Telecom |
| Funding Stage | ||
| Funding Stage | Series C | Not tracked yet |
| Total Funding | ||
| Total Funding | $220.20M | Not tracked yet |
| Funding Rounds | ||
| Funding Rounds | 9 | Not tracked yet |
| Services | ||
| Services | Not tracked yet | Integration with Mobile Money Wallets, Secure Cloud-based Transaction Platform, API for Payment Processing, Consolidated Reporting and Analytics, Mobile Enablement Services, USSD and Telegram Menus, Bulk Payment Solutions |
| Target Customers | ||
| Target Customers | Not tracked yet | E-Commerce Merchants, Transport and Logistics Companies, Insurance Providers, FinTech Companies, Sportsbook Providers |
| Taxonomy | ||
| Taxonomy | Mobile Money, Interoperability Platform, Digital Payments, Remittances, API Integration, Cross-border Payments, Merchant Payments, Bulk Payments, Bank-to-wallet Transfers, Mobile Payments, Offline Payments, Domestic Payments | Mobile Payments, Mobile Money Integration, API Services, Technical Integration, E-Money Solutions, Merchant Services, Transaction Processing, Digital Wallets, Mobile Network Operator Collaboration, Payment Security, Fast Transactions, Robust API, Sub-Saharan Africa Market, E-commerce Solutions |
| Website | ||
| Website | mfsafrica.com | tolamobile.com |
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 Tola Mobile
Tola Mobile, founded in 2016, operates at the intersection of the Payments and Telecom industries, with its headquarters in Ireland. The company’s slogan, "Mobile Payments, made simple," reflects its commitment to facilitating mobile money transactions across sub-Saharan Africa. Tola Mobile disting...
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Funding, hiring, leadership and stack changes at onafriq and Tola Mobile — by email.
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Compiled from the BounceWatch company index. We last looked at onafriq on 10 Mar 2025, and Tola Mobile on 3 Apr 2026. 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.