[1] The fintech company enables local and global businesses to accept pay-ins, make payouts, and get settled across popular payment channels across Africa.

The idea for the company came from Dickson Nsofor, who was at the time working for a fintech in London, HumanIQ, providing a solution to the problem of 60% of the world's population lacking full access to financial services.

Later in the 2022, Kora expanded to the United Kingdom by partnering with the municipal government in Birmingham to open its first fully operational UK office.

[1] At the 2022 Commonwealth Games opening ceremony, Kora was announced as a new Commonwealth-sourced foreign direct investments (FDI) project for the West Midlands.

In one court document drawn and filed on the 19th of October 2022 by state counsel Stephen Githinji on behalf of the ARA director, the agency said that it had withdrawn its entire lawsuit.