Fintech Innovator Tope Alabi Urges Greater Access, Fairness, and Transparency in Cross-Border Payments

HOUSTON, TX / ACCESS Newswire / October 20, 2025 / In a new feature spotlight, Afriex co-founder and CEO Tope Alabi is calling on individuals, policymakers, and technology leaders to take meaningful steps toward greater financial inclusion for immigrants and underserved communities worldwide.

"Every dollar sent home tells a story," Alabi said in the interview. "It might pay a child's school fees, fund a family's small business, or cover medical bills. Access to fair and affordable financial tools isn't just an economic issue-it's a human one."

Afriex, founded in 2019 by Alabi and co-founder John Obirije, was built to solve a problem they personally faced: high fees, slow transfers, and unreliable systems that made it difficult for immigrants to support loved ones back home. Today, the Houston-based fintech connects users across the U.S., Africa, and beyond-offering instant, low-cost cross-border transfers that empower communities and businesses alike.

The Global Need for Fair Finance

According to the World Bank, global remittances to low- and middle-income countries reached $656 billion in 2023, representing a lifeline for hundreds of millions of people. Yet, sending money remains expensive: the average global transfer fee is still around 6%, meaning billions of dollars never reach their intended recipients.

"These are dollars that could be feeding families or funding education," Alabi noted. "The system was designed for banks, not people. We want to change that."

Afriex's approach integrates global payment networks and local partnerships to make cross-border transfers faster, cheaper, and more accessible to underserved communities. This model helps keep transactions transparent, affordable, and accessible-even in regions with volatile exchange rates.

A Call to Empower Communities

Beyond technology, Afriex's mission is rooted in empathy and empowerment. The company believes that financial inclusion drives growth, stability, and opportunity for all.

"Every time someone sends money home, they're investing in their community," said Alabi. "That's the kind of impact we want to amplify-not just through our platform, but by encouraging people everywhere to take action."

Afriex's founders are now advocating for broader awareness around equitable financial systems, urging individuals to:

• Support transparent financial services that prioritize fairness and user trust.

• Educate themselves and their communities about how cross-border fees and FX rates work.

• Advocate for innovation in fintech regulation to help expand access for underserved populations.

• Engage in community giving, ensuring more people can participate in the global economy.

Leadership Through Listening

Afriex credits its success to community engagement. With hundreds of thousands of users across multiple countries, the company actively gathers feedback to improve features and respond to real-world needs.

"We talk to our users every day," Alabi said. "They tell us what's working, what's not, and what they need next. That's how we build trust-and trust is what transforms an app into a movement."

To read the full interview, visit the website here.

About Afriex

Founded in 2019, Afriex is a cross-border payments platform that helps individuals and businesses send, receive, and exchange money globally at lightning speed. The company combines traditional finance with blockchain innovation to make global transfers instant, fair, and accessible. Afriex operates across multiple African and global corridors and continues to expand its mission of building the world's most trusted financial platform for the global diaspora.

Contact:
tope@afriex.co

SOURCE: Afriex