Relworx

Cross-Border Payments Infrastructurerelworx.com

Relworx is a Uganda-based software company founded in 2018 that, via a 2026 partnership with KXCO, is integrating an EVM-compatible blockchain platform into African digital finance — targeting payments, cross-border remittances, stablecoin issuance, and banking integration across Nigeria, Kenya, and South Africa.

Company typePrivate
Founded2018
HeadquartersKampala, Uganda
Headcount11–50
GTM typeB2B
OfferingSoftware

What Relworx does

Relworx is a Uganda-based private software development company founded in 2018, headquartered in Kampala with 11-50 employees and led by founder and CEO Augustus Katende. The company's original profile centered on website design and hosting services; more recently, it has repositioned toward blockchain-enabled digital finance infrastructure for African markets.

Through a strategic partnership announced with KXCO at the World Economic Forum in Davos in February 2026, Relworx is integrating KXCO's EVM-compatible blockchain platform into financial services across Africa. The collaboration targets payments, cross-border transfers, stablecoin issuance, and banking integration, with a stated objective of reducing cross-border transaction costs by up to 50% and addressing Africa's $50 billion annual remittance market. Primary focus markets are Nigeria, Kenya, and South Africa, with prototypes expected to launch in select African markets by mid-2026.

The company's business model is not publicly disclosed in available sources — no pricing, customer list, revenue figures, or funding history are available. Distribution appears to follow an implied B2B2C model, routing blockchain infrastructure through financial institutions and fintech intermediaries to reach underserved African populations. Ownership, investor backing, and detailed financial metrics represent material data gaps for any prospective investor.

Relworx firmographics

Firmographics

Name: Relworx
Website: https://relworx.com
Company type: Private
Founded year: 2018
Operating status: Operating
Headcount range: 11–50 employees
Short description: Relworx is a Uganda-based software company founded in 2018 that, via a 2026 partnership with KXCO, is integrating an EVM-compatible blockchain platform into African digital finance — targeting payments, cross-border remittances, stablecoin issuance, and banking integration across Nigeria, Kenya, and South Africa.
Ownership category
akta.pro rank

Relworx industry classification

Industry

Product category: Cross-Border Payments Infrastructure
NAICS: Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Contracts Intermediation and Brokerage (5231)
SIC: Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry: Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD)
akta.pro secondary industries: Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Consumer P2P International Remittances (FSAGAKAA), Cross-Border & FX Payments Platforms (BPAMAFAK)

Keywords

Digital payments infrastructure
Blockchain remittance platform
Cross-border payment solutions
Stablecoin issuance infrastructure
African fintech integration

Where Relworx is headquartered

Location

Headquarters

HQ city: Kampala
HQ country: Uganda
HQ region: Africa

Markets served

Relworx business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Technology or R&D, Personnel, Operations

Relworx product offering

Product offering

Core offering

Relworx builds and integrates blockchain-based digital finance infrastructure for the African market, anchored by an EVM-compatible blockchain platform. Its core focus is enabling cross-border payments, remittances, mobile money interoperability, stablecoin issuance, and banking API integration for underserved populations, with a stated objective to reduce cross-border transaction costs by up to 50% across markets such as Nigeria, Kenya, and South Africa.

Differentiator

Problem solved

Functional benefit

Products and services

EVM-compatible Blockchain Digital Finance Platform An EVM-compatible blockchain platform that integrates into financial services across Africa, enabling payments, cross-border transfers, stablecoin issuance, and banking integration for African financial institutions and fintechs, ultimately serving underserved populations.
Cross-Border Remittance Solution A blockchain-powered cross-border remittance offering built on the EVM-compatible platform, targeting Africa's $50 billion annual remittance market and serving underserved populations in Nigeria, Kenya, and South Africa.
Stablecoin Issuance Infrastructure Infrastructure enabling African fintechs and financial institutions to issue and transact stablecoins through the EVM-compatible blockchain platform integrated with mobile money and banking systems.
Banking API Integration Services A service layer enabling banking institutions and fintechs in Africa to connect their core systems with the EVM-compatible blockchain platform to extend digital finance services to underserved populations.

Quantifiable outcome

Reduce cross-border transaction costs by up to 50%
+2 more outcomes

Companies that use Relworx

Customer profile

Segments2 records

Ideal customer profiles1 record

Relworx technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Relworx partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

KXCOcoreStrategic or Co-development Partner · 1 February 2026KXCO, a blockchain technology and fintech solutions company, announced a strategic partnership with Relworx at the World Economic Forum in Davos to integrate KXCO's EVM-compatible blockchain platform into financial services across Africa. The collaboration focuses on payments, cross-border transfers, stablecoin issuance, and banking integration for underserved populations. The partnership aims to reduce cross-border transaction costs by up to 50% and targets Africa's $50 billion annual remittance market, with prototypes expected to launch in select African markets by mid-2026.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Relworx competitors and assessment

Company assessment

Broad incumbents

WorldRemit: Established global digital remittance provider with a strong African footprint including Nigeria, Kenya, and South Africa. Comparable incumbent on cross-border remittance with overlap in target markets.
Flutterwave: Pan-African payment infrastructure provider serving merchants and fintechs across Nigeria, Kenya, and South Africa. Comparable as a B2B/B2B2C payments platform targeting the same fintech ecosystem.
M-Pesa (Safaricom): Dominant African mobile money platform with deep penetration in Kenya and expanding across the continent. Comparable on digital payments, mobile money interoperability, and African cross-border ambitions.
Remitly: Global digital remittance platform serving African corridors among others. Comparable as an established digital-first remittance competitor seeking to reduce cross-border transaction costs.

Direct peers

Wave: Mobile money and cross-border remittance provider operating across multiple African countries. Comparable as a low-cost remittance and payments alternative in underserved African corridors.
Yellow Card: Africa's largest cryptocurrency exchange enabling stablecoin and digital asset payments and remittances across the continent. Comparable as a crypto-native payments and remittance platform in the same target geographies.
Chipper Cash: Pan-African cross-border payments platform enabling remittances and business payments across Nigeria, Kenya, and other African markets. Directly comparable on cross-border remittance use case and target geographies.
Sendwave: Digital remittance app focused on African diaspora corridors to countries including Nigeria, Kenya, and others. Comparable on cross-border P2P remittance use cases targeting the same customer base.
Bitnob: Africa-focused Bitcoin and stablecoin remittance and payments platform. Directly comparable on combining blockchain rails with African remittance and cross-border use cases.

Emerging players

Kotani Pay: Africa-focused blockchain payments and off-ramp infrastructure enabling crypto-to-mobile-money interoperability. Comparable as an emerging crypto-native African payments player with overlapping technology approach.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Relworx financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Relworx leadership team

Management profile

Number of profiles

Profiles1 record

Relworx funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Relworx M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Relworx

What does Relworx do?

When was Relworx founded?

Relworx was founded in 2018. It employs 11 to 50 people.

Where is Relworx based?

Relworx is headquartered in Kampala, Uganda, in the Africa region.

Who are Relworx's main competitors?

Broad incumbents on record are WorldRemit, Flutterwave, M-Pesa (Safaricom) and Remitly. Direct peers are Wave, Yellow Card, Chipper Cash, Sendwave and Bitnob. Kotani Pay is listed as an emerging player.

Does Relworx have an API?

No public API is recorded for Relworx.

What industry is Relworx in?

Relworx's product category is Cross-Border Payments Infrastructure. Its primary akta.pro industry code is FSADAIAD, Crypto Remittance & Cross-Border Money Transfer Providers, with a secondary code of BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms. Its NAICS code is 522320 and its SIC code is 6200.