One Africa.
One MoMo.
One Market.
AMGO is building an operator-neutral, non-custodial execution layer for cross-border mobile money. It is designed to connect licensed mobile-money institutions to approved local-currency settlement while keeping customer funds, foreign-exchange pricing and institutional accountability with regulated participants.
African-foundedOperator-neutralNon-custodialBuilt for supervision
Admitted to the Bank of Ghana FinTech and Innovation Sandbox for controlled evaluation.
US$1.4 trillion moves through mobile money in Sub-Saharan Africa. Crossing a border still adds friction.
Mobile money is one of Africa's most scaled retail financial infrastructures. In 2025, 174 live services in Sub-Saharan Africa processed US$1.4 trillion in transaction value. Yet those services remain licensed, operated and supervised largely within national boundaries. That is not a design failure; it is how trust was built.
As cross-border rails expand, mobile-money institutions need a way to extend wallet utility without transferring custody, customer ownership or foreign-exchange risk to a new intermediary. AMGO is being built for that gap.
Mobile-money transaction value processed across 174 live services in Sub-Saharan Africa, 2025.
Estimated annual cost of hard-currency reliance in African cross-border trade payments.
Sources: GSMA, State of the Industry Report on Mobile Money 2026 — Sub-Saharan Africa regional trends. PAPSS, African Currency Marketplace announcement, July 2025. These figures describe the broad market and structural friction. They are not presented as AMGO revenue, total addressable volume or a forecast of AMGO adoption.
AfCFTA sets the direction. PAPSS provides the settlement infrastructure. Execution is the missing layer.
A continental policy direction
AfCFTA is creating the framework for a more integrated African market. Efficient cross-border payments are essential to turning that policy direction into practical trade for businesses and individuals.
A continental settlement infrastructure
PAPSS enables approved banks, payment service providers and financial intermediaries to support cross-border payments in African local currencies. AMGO is not another settlement rail; it is designed to make mobile-money participation operational above approved settlement infrastructure.
A material execution and cost problem
Africa's cross-border payments market was valued at US$329 billion in 2025 and is projected to reach US$1 trillion by 2035. Reliance on hard currencies is estimated to drain US$5 billion annually through fees, delays and opportunity costs.
Supervised cross-border mobile-money infrastructure — the execution layer between mobile-money endpoints and approved settlement.
Market source: AfricaNenda, An Open Letter on Cross-Border Payments in Africa, July 2026. Cost source: PAPSS, African Currency Marketplace announcement, July 2025.
The differentiation is architectural
Retain the customer relationship, the wallet and the user experience.
Coordinates the transaction. Holds no funds, sets no rates, owns no customer.
Retain custody, liquidity, foreign exchange and settlement responsibility.
Non-custodial by design
AMGO does not take deposits, hold customer balances or become the counterparty to the underlying payment. Customer funds remain with licensed participants.
No foreign-exchange book
AMGO does not set foreign-exchange rates, hold foreign-exchange inventory or take a proprietary currency position. Applicable rates remain the responsibility of licensed settlement participants and are disclosed before authorisation.
Participant-neutral
AMGO has no consumer wallet and does not own the end-customer relationship. Mobile-money institutions retain the wallet and customer experience; financial institutions retain custody, liquidity, foreign-exchange and settlement responsibilities.
Supervision by design
Rules, decisions and exceptions are recorded to support regulatory oversight, operational review and investigation within an approved pilot framework.
AMGO coordinates the transaction. It does not become the bank, the wallet, the foreign-exchange dealer or the settlement rail.
The supervised execution layer
Initiation
A payment instruction originates with a licensed mobile-money institution through an approved channel.
Validation and control
AMGO coordinates approved validation, screening, risk and fraud-control workflows across participants; each licensed institution retains its statutory accountability.
Settlement coordination
Approved local-currency settlement is coordinated through licensed participants, designed around PAPSS settlement infrastructure where authorised.
Evidence and oversight
Transaction status, decisions and exceptions are recorded to support reconciliation, investigation and supervisory review.
Institutional accountability remains where it belongs
Retain the customer relationship, wallet and user experience.
Retain custody, liquidity, foreign-exchange and settlement responsibilities.
Provides pan-African payment and settlement infrastructure for approved participants.
Set regulatory conditions and supervise activity within their jurisdictions.
Supports orchestration, institutional controls and supervisory evidence across the transaction.
Built for the institutions accountable for every transaction
Extend wallet utility across approved markets while retaining the customer relationship.
Evaluate cross-border mobile-money innovation inside a controlled and observable framework.
Support governed local-currency payment activity without transferring custody to AMGO.
Connect mobile-money participation to the continental trade and payments agenda.
Prove under supervision. Scale with approval.
AMGO has been admitted to the Bank of Ghana FinTech and Innovation Sandbox, providing a controlled environment in which the proposed model and consumer-protection arrangements can be evaluated before broader deployment.
Admission is not a licence
Sandbox admission is not a general commercial licence. AMGO will enter any additional jurisdiction only through the applicable regulatory, scheme and institutional approval processes.
Under development
AMGO is under development. Services are not currently offered to the public.
From supervised execution to continental reach
AMGO's ambition is to help African institutions extend mobile money across borders without weakening the controls that protect customers and financial systems.
The model is deliberate: establish the institutional framework, validate it under regulatory supervision and expand through approved participation.
AMGO welcomes institutional discussions with central banks, mobile-money institutions, financial institutions, PAPSS ecosystem participants and strategic partners.