Kenya’s WapiPay expands into Jamaica to tap $2.5 billion remittance market

The Bank of Jamaica's approval will allow the Nairobi-based cross-border payments company to begin operations through a partnership with JN Money Services Limited (JNMS), a Jamaican payments services company. The deal will enable WapiPay to facilitate transfers between Africa, Asia, and the Caribbean, targeting both diaspora remittances and trade-linked payments.