FX liquidity & settlement
Liquidity and settlement for African currency corridors
Cowrie moves value into and out of Nigeria and Ghana for businesses that need it priced properly and settled on time — through FX liquidity, cross-border settlement and regulated on- and off-ramps between currency and stablecoin.
Licensed
CBN IMTO · NCC VAS
Central Bank of Nigeria and Nigerian Communications Commission.
Markets
Six markets
Nigeria · Ghana · United Kingdom · United States · European Union · China
Currencies
Seven currencies
NGN · USD · GBP · EUR · GHS · USDT · USDC
Settlement
Same day to T+1
Across every corridor we operate.
What we do
Five services, one settlement engine
Each line runs on the same treasury, pricing and reconciliation infrastructure — which is why a client can price an FX trade, settle a supplier and move between naira and stablecoin without leaving one counterparty.
FX Liquidity
Two-way pricing in USD/NGN and USD/GHS, plus the major pairs, for businesses that need size filled without moving the market against themselves.
Read moreCross-Border Settlement
Corridor settlement for corporates and payment companies — supplier invoices, import cover and treasury movements paid into and out of the region.
Read moreStablecoin On & Off-Ramp
USDT and USDC against naira and cedi, with the fiat leg settling through our own bank accounts rather than a chain of intermediaries.
Read moreRemittances
Inbound transfers to Nigeria and Ghana under our CBN International Money Transfer Operator licence, delivered to bank accounts and wallets.
Read moreValue-Added Services
Airtime, data and telecoms aggregation under our NCC Value-Added Services licence — the business we have run continuously since 2015.
Read moreWho we are
Built by people who have run the rails
Cowrie Integrated Systems is a financial technology company operating across payments, foreign exchange and digital-asset settlement. Our team combines deep operational experience in African payments with the engineering to support it.
We build and run our own API-driven infrastructure rather than reselling somebody else's. That is what lets us price, settle and reconcile across multiple payment and liquidity rails at the speed our clients need — and it is why our vision, to make financial services accessible across Africa and beyond, is an engineering commitment and not a slogan.
More about Cowrie
How we work
Three commitments we make on every transaction
Our own infrastructure
The pricing engine, the settlement logic and the reconciliation are ours. When something needs to change for a client, we change it rather than raise a ticket with a vendor.
Compliance before volume
Onboarding, screening and transaction monitoring sit inside a Board-approved enterprise risk framework. We would rather decline a flow than explain one later.
Settlement you can plan around
Same day to T+1 across every corridor we operate, with direct banking and settlement relationships in each market rather than a chain of correspondents.
Where we operate
On the ground in the corridors we serve
Local presence is what makes same-day settlement possible. We hold accounts, relationships and people in the markets where the money lands.
Nigeria
Cowrie Integrated Systems Limited
Our operating centre. FX liquidity, cross-border settlement, stablecoin on- and off-ramp and value-added services, licensed by the CBN as an International Money Transfer Operator and by the NCC for value-added services.
Ghana
The cedi desk
An active desk pricing USD/GHS and running stablecoin settlement against the cedi — our second live currency book, and the template for the markets that follow.
United Kingdom · United States · European Union · China
The corridors beyond
Settlement reach for value arriving into the region and for clients paying suppliers outside it — the far leg of a corridor that begins in Lagos or Accra.
Get in touch
Tell us what you need to move, and where
Whether that is recurring FX cover, a supplier payment run or a stablecoin settlement leg, the fastest route is a short conversation with the desk.