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OneRamp

Can a compliance-first stablecoin on/off-ramp API become the default bridge between mobile money and crypto across Sub-Saharan Africa?

HQUganda
IndustryFintech / Crypto
The story

OneRamp (Oneramp Financials LTD) is an African stablecoin on/off-ramp infrastructure company headquartered in Uganda, bridging mobile money rails (MTN MoMo and others) with blockchain-based stablecoins (USDC, CUSD) across Sub-Saharan Africa. The company positions itself as crypto payments infrastructure for wallets and apps, offering an SDK and redirect integration model so other products (like Opera MiniPay, Argent Wallet) can embed stablecoin purchase and redemption directly into their flows. With a small team of 2 people and an ARR of $1.2M, OneRamp is focused on compliance-first KYC and regulatory adherence across multiple African jurisdictions.

Last 12 months
2024-11
2024-10
Product timeline
2023
Launched OneRamp SDK with React/Next.js and Node.js integration guides for off-ramp transactions to mobile money.· pivot
2024
Added USDC to catalogue of API, SDK and widget offerings; expanded stablecoin support to include Ethereum, Polygon, Starknet, and Celo.· banking
2024
Partnered with Opera MiniPay wallet, enabling stablecoin on/off-ramp via mobile money in Kenya, Uganda, Zambia, Tanzania, and Ghana.· acquisition
2024
Surpassed $106,000 in transaction volume with CUSD (Celo Dollar) as the dominant token, serving users across Uganda, Kenya, Tanzania, Ghana, and Zambia.· pivot
The stack
0 layers disclosed in OneRamp’s embedded-finance stack
Accounting gap: none