Beyonic provides a cloud-based mobile-money payments, collections, and payments-API platform for businesses across Africa. Its buyers are enterprises, SMEs, fintechs, and social-impact organizations paying and collecting across African mobile-money networks, where last-mile beneficiaries such as field agents, farmers, and teachers hold wallets rather than bank accounts. A single REST API drives multi-network, multi-country disbursements and collections from one balance, with automatic network detection, payee verification, approval workflows, and real-time local-currency transaction fees.
Unlike merchant checkout gateways such as Flutterwave, Paystack, and Cellulant's Tingg, Beyonic handles bulk last-mile payouts and collections rather than online-commerce checkout. African mobile money is fragmented across networks, currencies, and regulators, and one integration with one balance replaces per-network contracts and cash. Acquired by MFS Africa in 2020.
