“With BFX, we send payments in just a few hours, and if we have any trouble or questions, the customer support team are quite responsive. We’ll keep using BFX to send payments between Japan and Africa.” – Kentaro Nagai, Managing Director, Africa Incubator Ltd.

Who is Africa Incubator Ltd?

Africa Incubator Ltd is a Japanese company based in Kenya and Uganda. The company offers mobile-oriented ICT solutions to East African companies and manage consultation for Japanese companies entering the East African market. At the critical time of expanding their business to Kenya, the firm took advantage of BFX’s payment services to send funds from the headquarters in Japan to the team on the ground.

 

The Problem

When launching in Uganda last year, the team used a bank transfer to distribute funds. It took more than a week for the transactions to go through, and came at a higher cost, which caused delays on the ground.

BFX’s Solution

With BFX, Kentaro was able to complete transactions from Japan to Kenya and Uganda in just a few hours, while saving on transaction fees. By offering direct payments through integrations with over 30 currencies, BFX allows you to cut out middle currencies and middlemen that often cause higher fees and longer transaction times when sending overseas payments through the bank.

Learn how you can send payments to and from Africa with BFX!