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Key Findings
Key Findings
Case Study
Market Players
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People
1.3
B
Combined GDP
$
3.4
T
MoR Success Rate
90
%
People
1.3
B
Combined GDP
$
3.4
T
Payment Success Rate
90
%
Scaling your shouldn't be this hard
African startups often struggle to scale due to
Failed payment transactions
Cross-border payments often see dramatic failure rates
Tax registration mess
Complex regulations across multiple countries and jurisdictions
Compliance complexity
Unclear data protection and regulatory requirements
Even well-funded startups like AltSchool hit this wall.
African startups often struggle to scale due to
Failed payment transactions
Cross-border payments often see dramatic failure rates
Tax registration mess
Complex regulations across multiple countries and jurisdictions
Failed payment transactions
Cross-border payments often see dramatic failure rates
Tax registration mess
Complex regulations across multiple countries and jurisdictions
Compliance complexity
Unclear data protection and regulatory requirements
Even well-funded startups like AltSchool hit this wall.
African startups often struggle to scale due to
Broken payment gateways
Tax registration in multiple countries
Unclear compliance rules
"We ran into serious problems accepting local payments and staying compliant"
— Adewale Yusuf, CEO, AltSchool
African startups often struggle to scale due to
Broken payment gateways
Tax registration in multiple countries
Unclear compliance rules
AltSchool grew to 100,000+ students across Lagos, Nairobi, and Kigali. But expansion brought chaos:
"We ran into serious problems accepting local payments and staying compliant"
— Adewale Yusuf, CEO, AltSchool
Case Study
African startups often struggle to scale due to
African startups often struggle to scale due to
Broken payment gateways
Tax registration in multiple countries
Unclear compliance rules
AltSchool grew to 100,000+ students across Lagos, Nairobi, and Kigali. But expansion brought chaos:
"We ran into serious problems accepting local payments and staying compliant"
— Adewale Yusuf, CEO, AltSchool
See how they solved it
AltSchool grew to 100,000+ students across Lagos, Nairobi, and Kigali. But expansion brought chaos:
Broken payment gateways
Tax registration in multiple countries
Tax registration in multiple countries
Tax registration in multiple countries
Tax registration in multiple countries
"We ran into serious problems accepting local payments and staying compliant"
— Adewale Yusuf, CEO, AltSchool
See how they solved it
See how they solved it
There's a Smarter Way: Merchant of Record (MoR)
There's a Smarter Way:
Merchant of Record (MoR)
Boost cross-border
payment success up to 90%
Local payment orchestration and compliance handled automatically
Simplify tax & compliance
One integration covers VAT, data protection, and regulatory requirements
Expand into new markets faster
Skip the complex setup and go-to-market faster than ever
Want to expand faster across Africa
Download the 2025 State of Merchant of Record in Africa report.
Packed with strategies, data, and stories from real companies.
Get the Full Report
50+ Pages
In-depth analysis and case studies
Real Examples
Actual implementations and results
Actionable Insights
Strategies you can implement today
Download the 2025 State of Merchant of Record in Africa report.
Packed with strategies, data, and stories from real companies.
Get the Full Report
50+ Pages
In-depth analysis and case studies
Real Examples
Actual implementations and results
Actionable Insights
Strategies you can implement today
50+ Pages
In-depth analysis and case studies
Real Examples
Actual implementations and results
Actionable Insights
Strategies you can implement today