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← Embedded Finance Index 2026/Banks

Bank of Africa

Bank
Sponsor BankFX / Payouts

Bank tracked in the Embedded Finance Index. Named by 2 companies, most often as their fx & payouts.

bankofafrica.com ↗
TypeBank
Used asFX & payouts, Sponsor bank
Rank#135 of 201 in Sponsor Bank
Buyers2 companies

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How companies use Bank of Africa

2 companies name Bank of Africa in their stack. The most common role is fx & payouts (1). A company can use the same bank for more than one thing.

FX & payouts1
Sponsor bank1
Who uses Bank of Africa
2 companies disclose Bank of Africa in their stack
ChariWema Bank Plc.
Buyer mix · 2 of 2 classified
Bank / National · 1Fintech / SMB banking · 1
Africa · 2
What the disclosures say
Chari
“chari.ma homepage: 'Un IBAN marocain rien qu'à vous', Carte Visa physique et virtuelle, agréé Bank Al-Maghrib. baas.ma/en/services/card-issuing: 'Chari holds a Visa Associate License with dedicated BINs, sponsored by Bank of Africa, and a 7-year partnership with Visa.”
Wema Bank Plc.
“Wema has a bilateral correspondent partnership with Bank of Africa (BOA) group (part of BMCE Bank of Morocco) covering correspondent banking, remittances, and trade facilitation across ~15 African/European countries.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Bank of Africa? Claim this profile above to unlock your own full list.
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Other banks in Sponsor Bank

Other banks named for Sponsor Bank in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Evolve Bank & Trust101 buyers →Sutton Bank65 buyers →Cross River64 buyers →Pathward43 buyers →Celtic Bank39 buyers →Community Federal Savings Bank37 buyers →Thread Bank31 buyers →The Bancorp Bank25 buyers →
Share this rank

An embeddable badge for Bank of Africa’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.

Ranked #135 of 201 in Sponsor Bank — Embedded Finance Index 2026
Copy-paste snippet
<a href="https://www.embeddedfinanceindex.com/vendors/bank-of-africa?ref=badge">
  <img src="https://www.embeddedfinanceindex.com/api/badge/bank-of-africa.svg"
       alt="Ranked #135 of 201 in Sponsor Bank — Embedded Finance Index 2026">
</a>
<img src="https://www.embeddedfinanceindex.com/api/badge/bank-of-africa/install" width="1" height="1" alt="" style="display:none">

Bank of Africa — frequently asked

Which companies use Bank of Africa?

2 companies disclose Bank of Africa in their stack in the Embedded Finance Index 2026, including Chari and Wema Bank Plc..

What do fintechs use Bank of Africa for?

Bank of Africa is a bank. Companies in the Embedded Finance Index 2026 name it as their fx & payouts (1) and sponsor bank (1).

What are the alternatives to Bank of Africa?

The most-disclosed Sponsor Bank alternatives to Bank of Africa are Evolve Bank & Trust (101 buyers), Sutton Bank (65 buyers), Cross River (64 buyers), Pathward (43 buyers), Celtic Bank (39 buyers) and Community Federal Savings Bank (37 buyers).

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