Klasha
- Company typePrivate
- Founded2021
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Klasha firmographics
Firmographics- Name
- Klasha
- Legal name
- Klasha Inc.
- Website
- https://klasha.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Klasha industry classification
Industry- Product category
- Cross-Border Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Cross-Border & FX Payments Platforms (BPAMAFAK)
- akta.pro secondary industries
- SME & Business Cross-Border Payments (B2B) (FSAMAIAB), Cross-Border Payouts & Mass Disbursements (Pay-outs) (FSAMAIAJ), Cross-Border Collections & Local Receiving (Pay-ins) (FSAMAIAI), Merchant Cross-Border Collections (Pay-ins) & Local Payment Methods (FSAGAKAD), Cross-Border & Multi-Currency Gateway Services (FSAMACAI), Cross-border Payments, FX & Multi-currency Checkout (CRAFAJAF)
Keywords
Where Klasha is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Klasha business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Transaction Processing Fees: Klasha charges transaction fees for processing payments across different African currencies. Fees are tiered by currency and transaction volume, providing the primary revenue stream. Zero setup fees with fees only charged per transaction processed.
- Klasha Wire Cross-border Transfers: Fees for wire transfers from emerging markets to suppliers and partners globally. Volume-based pricing tiers starting at 2.75% for $1,000 transactions down to 2.16% for $50,000+ transactions. Payments typically settle in T+1-3 days.
- Multi-currency Account Services: Revenue generated from multi-currency account services enabling businesses to hold and transact in multiple currencies across 120+ countries.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Nigeria (NGN) transactions |
| Transaction based/ take rate | Pay-as-you-go | Kenya (KES) transactions |
| Transaction based/ take rate | Pay-as-you-go | South Africa (ZAR) transactions |
| Transaction based/ take rate | Pay-as-you-go | Klasha Wire - $1,000 volume |
| Transaction based/ take rate | Pay-as-you-go | Klasha Wire - $5,000 volume |
| Transaction based/ take rate | Pay-as-you-go | Klasha Wire - $10,000 volume |
| Transaction based/ take rate | Pay-as-you-go | Klasha Wire - $20,000 volume |
| Transaction based/ take rate | Pay-as-you-go | Klasha Wire - $50,000+ volume |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Klasha product offering
Product offeringCore offering
Klasha builds cross-border payment infrastructure enabling businesses to collect, send, and hold funds across Africa and Asia. The platform provides APIs, virtual multi-currency accounts, collection APIs, payout APIs, cross-border wire services, and embedded payments infrastructure supporting 120+ currencies. Its products enable African merchants to pay Asian suppliers in CNY with 5-10 minute settlement and Asian businesses to collect African local currencies.
Product overview
Klasha operates as a modular cross-border payments platform enabling seamless transactions between Africa and Asia. The core product suite includes Klasha Pay (encompassing Pay-ins, Pay to China, and Pay-outs), Klasha Wire for cross-border wire transfers, and Multi-currency Accounts. The Klasha App serves consumer users for peer-to-peer transfers to Asia, while the Embedded Payments API enables third parties to build payment products on Klasha's infrastructure. Additional features include Payment Links for no-code acceptance, Webhooks for transaction notifications, and Subscription APIs for recurring payments. The platform supports over 120 currencies and operates across 6+ African countries including Nigeria, South Africa, Tanzania, Zambia, Uganda, and Kenya.
Differentiator
Problem solved
Functional benefit
Products and services
- Klasha Pay (Pay-ins)
Quantifiable outcome
- 140,000,000+ transactions processed across emerging markets
- +3 more outcomes
Companies that use Klasha
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Klasha technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature6 records
Klasha partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- LianLian GlobalcoreStrategic partnership to streamline and simplify payments between Asia and Africa. Enables Asian businesses to collect payments from African customers in local currencies through Klasha's platform and API. Merchants using LianLian Global can receive payments in various African currencies and get payouts in preferred currencies. Collaboration positions businesses to provide localized payment experience to African consumers.
- EasyTransfercorePartnership to facilitate easier global tuition collection from international students in African currencies. EasyTransfer needed a payment partner capable of enabling collections in local African currencies and payouts in hard currencies like USD. Collaboration enables international students from Africa to receive more cost-effective payment solutions.
- China-Africa Chamber of Commerce in YiwucoreSigned MOU along with Rocher Global to further China-Africa trade and cross-border payments. Strategic collaboration to strengthen trade relations between China and Africa.
- Rocher GlobalcoreSigned MOU along with China-Africa Chamber of Commerce to further China-Africa trade and cross-border payments.
Scale indicators7 records
Recent moves7 records
Expansion highlights7 records
Klasha competitors and assessment
Company assessmentDirect peers
- Flutterwave: Flutterwave is a leading African payments technology company providing APIs for cross-border payments, multi-currency processing, and B2B payouts across Africa and globally. It is the most direct competitor to Klasha, operating in similar African corridors with overlapping B2B cross-border and merchant payment services.
- Chipper Cash: Chipper Cash operates a cross-border mobile money and B2B payments network across Africa and emerging markets. It competes directly with Klasha in the African remittance and cross-border payment space with a strong consumer brand.
- Wave: Wave is a mobile money platform operating across Senegal, Ivory Coast, Mali, Burkina Faso, Gambia, and Uganda, with growing B2B payment services. It competes with Klasha for African cross-border merchant and consumer wallet use cases.
- Paystack: Paystack (owned by Stripe) provides payment gateway services across Nigeria, Ghana, South Africa, and Kenya, with growing cross-border capabilities. It directly competes with Klasha for African merchant payment volume and has significantly more capital and product breadth.
- Verto: Verto is a B2B cross-border payments platform focused on emerging markets, providing multi-currency business accounts and FX services for companies trading across Africa, Asia, and LATAM. It is highly comparable to Klasha in product offering and target B2B customer segment.
Broad incumbents
- dLocal: dLocal is a publicly listed cross-border payments platform enabling global merchants to accept and disburse payments in emerging markets. It is a broad incumbent in the same emerging-markets cross-border category as Klasha, with public-company scale and broader geographic coverage.
- Interswitch: Interswitch is one of the largest African digital payments and commerce companies, providing switching, card processing, and B2B payment infrastructure across multiple African countries. It is a broad incumbent comparable to Klasha in Nigerian and pan-African payment infrastructure.
- Wise: Wise (formerly TransferWise) is a publicly listed global cross-border payments and multi-currency account platform. While not Africa-focused, it serves the same SMB and B2B customer base requiring cross-border payouts and multi-currency accounts as Klasha Wire.
Emerging players
- LianLian Global: LianLian Global is a Chinese cross-border payments company that is both a Klasha partner and a partial peer in the China-Africa corridor. It enables Chinese merchants to collect payments globally, partially overlapping with Klasha's China-to-Africa payouts business.
Regional players
- Paga: Paga is a Nigerian mobile money and payment platform serving consumers and merchants. It is a regional Nigerian competitor to Klasha on the consumer and SMB side, though with less emphasis on cross-border trade corridors.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Klasha social profiles
Digital presenceKlasha compliance and trust
Trust signalCompliance3 records
Klasha financial estimates
Financial estimateRevenue estimate
Valuation estimate
Klasha leadership team
Management profileNumber of profiles
Profiles3 records
Klasha funding detail
Funding detailFunding overview
Funding rounds8 records
Investors21 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Klasha M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Klasha
What does Klasha do?
Klasha builds cross-border payment infrastructure enabling businesses to collect, send, and hold funds across Africa and Asia. The platform provides APIs, virtual multi-currency accounts, collection APIs, payout APIs, cross-border wire services, and embedded payments infrastructure supporting 120+ currencies. Its products enable African merchants to pay Asian suppliers in CNY with 5-10 minute settlement and Asian businesses to collect African local currencies.
Is Klasha a public or private company?
Klasha is a private company. It is classified as venture growth investor backed and is currently operating.
When was Klasha founded?
Klasha was founded in 2021. It employs 11 to 50 people.
Where is Klasha based?
Klasha is headquartered in San Francisco, United States, in the North America region.
How does Klasha make money?
Three revenue lines are on record. Transaction Processing Fees are the primary driver. The others are klasha Wire Cross-border Transfers and multi-currency Account Services.
Who are Klasha's main competitors?
Direct peers on record are Flutterwave, Chipper Cash, Wave, Paystack and Verto. Broad incumbents are dLocal, Interswitch and Wise. LianLian Global is listed as an emerging player. Paga is listed as a regional player.
Does Klasha have an API?
Yes. Klasha offers a comprehensive API suite enabling developers to accept cross-border payments from emerging markets. The API supports plugins for e-commerce platforms (WooCommerce, BigCommerce, OpenCart, Ecwid, Primer), Web SDKs for web applications, Mobile SDKs for iOS/Android, Klasha inline (JavaScript integration), HTML checkout, Payment Links (no-code), Webhooks for transaction responses, and Subscription plans for recurrent payments. The platform processes pay-ins in African currencies, pay-outs to bank accounts and mobile wallets, cross-border wires, and multi-currency account management. Developer documentation is at developers.klasha.com.
What industry is Klasha in?
Klasha's product category is Cross-Border Payment Infrastructure. Its primary akta.pro industry code is BPAMAFAK, Cross-Border & FX Payments Platforms, with a secondary code of FSAMAIAB, SME & Business Cross-Border Payments (B2B). Its NAICS code is 522320 and its SIC code is 6199.