Kenya's WapiPay Opens Africa-Caribbean Money Corridor Through Jamaica
The Bank of Jamaica has cleared the Kenyan operator to launch via JN Money Services, linking African and Caribbean remittance rails at scale.
WapiPay, a Kenyan cross-border payments company, has secured Bank of Jamaica approval to launch in Jamaica through a partnership with JN Money Services, opening a direct money-movement corridor between Africa, Asia and the Caribbean. The deal targets both diaspora remittances and trade-linked payments.
For the African-Caribbean diaspora, this is an opportunity signal: more competition on remittance rails generally means better rates and reach. It also reflects a broader convergence of African and Caribbean financial infrastructure that TWB readers straddle.