Cauridor

Cauridor is a financial technology firm targeting the African market, building payment infrastructure to facilitate digital transactions across the continent.

The company's history traces back to the personal experiences of its founders, Oumar Rafiou Barry (CEO) and Abdoulaye Bah (CTO). As Guinean entrepreneurs studying in Canada, they faced the high costs and complexities of sending money home, which inspired them to create a solution. This led to the formation of BNB Transfer Corp in 2011, a consumer-focused remittance service. Recognizing a larger opportunity in the underlying payment systems, they pivoted the business in 2022 to a B2B model and rebranded as Cauridor. Barry holds a Ph.D. in Mechanical Engineering from the University of Toronto and has an academic background at Virginia Tech, while Bah serves as the technical lead.

Cauridor's core business is a B2B platform that provides payment rails through a single API integration. It serves international money transfer operators (IMTOs) like MoneyGram, Ria, and Western Union, along with banks and telecom companies, enabling them to process payments to, from, and within Africa. The company's infrastructure aggregates mobile money operators, such as MTN and Orange, and banks, creating an interoperable network for cross-border payments. Revenue is generated from this payment rails business, which now accounts for over 90% of its income. Cauridor has demonstrated significant traction, processing $500 million in total payment volume in 2024. For consumers, the company operates the B2C brand, BnB, which includes a digital app and an extensive agent network for money transfers and financial services.

The platform's key features include international money transfer aggregation, cross-border payments, payment collection, and bulk disbursement services. A primary benefit is its focus on the often-fragmented and underserved Francophone Africa region. Cauridor has built a physical network of over 25,000 agents across countries like Guinea, Senegal, and Ivory Coast to facilitate cash pickups, deposits, and withdrawals, bridging the gap between digital and cash economies. The company is also exploring blockchain technology and stablecoins to enhance settlement efficiency.

Keywords: cross-border payments, payment infrastructure, fintech, Africa, mobile money, remittances, B2B payments, payment aggregation, financial inclusion, payment rails