Source: Nairametrics
Klasha, a leading global cross-border payments company, has joined forces with EasyTransfer, a Singapore-based fintech that specializes in global education payments, to enhance tuition fee collection from international students in a range of African currencies.
EasyTransfer provides innovative solutions for handling international school fees with transparency and competitive rates. Recognizing the need for a partner capable of managing local currency collections and hard currency payouts, such as USD, EasyTransfer sought out Klasha. Through this partnership, EasyTransfer can now offer African international students more cost-effective payment solutions, allowing for local currency collections and hard currency disbursements at preferential rates.
Tony Gao, President and Co-Founder of EasyTransfer, highlighted the partnership’s benefits: “Our partnership with Klasha has streamlined settlement times, offering a significant advantage to international students from African countries like Nigeria and Kenya, which represent a growing segment in the global education market.”
Guohao Sun, Global Operations Partner at EasyTransfer, added, “Our commitment remains focused on supporting international students from diverse regions in as many currencies as possible, and we are continually seeking partnerships that increase our operational efficiency.”
EasyTransfer facilitates tuition payments for students from over 170 countries, including a significant presence across African nations. The collaboration with Klasha aims to simplify and accelerate the payment process for African students, especially those attending institutions in the UK, where interest from Nigerian and Kenyan students continues to rise.
Jess Anuna, Founder and CEO of Klasha, expressed enthusiasm for the partnership: “At Klasha, our mission has always been to close the gap in cross-border payments within emerging markets. This partnership with EasyTransfer underscores our commitment to providing accessible and reliable payment options for international students. We’re thrilled to make tuition payments easier and more affordable for African students studying abroad, supporting the global education sector.”
Justin Fan, Managing Director of Asia Operations at Klasha, emphasized the strategic importance of the alliance, stating, “As more African students seek educational opportunities in countries like the UK, simplifying tuition payments is vital. This partnership with EasyTransfer ensures that students and their families can focus on their studies without the burden of complex financial logistics, providing a customized solution for their specific needs.”
About Klasha
Founded in 2021 by Jess Anuna, Klasha is a global technology company that has developed a platform and APIs designed to facilitate seamless money transfers to and from emerging markets. The platform allows businesses to collect, send, and hold a variety of currencies through an extensive API stack. Supporting over 120 currencies, Klasha helps merchants save time and reduce costs associated with cross-border payments. For more information, visit [Klasha].
About EasyTransfer
Founded in 2013 by former international students, EasyTransfer is a Singapore-based platform revolutionizing online cross-border payments for international education. Processing billions of dollars annually for thousands of educational institutions worldwide, the platform enables students to “pay like a local.” EasyTransfer employs advanced anti-fraud and AML technology to boost compliance efficiency and mitigate fraud risk. It collaborates with leading banks and prestigious universities like The University of Manchester and Newcastle University and is backed by major investors, including Tencent and IDG Capital. .
