From an app built on WhatsApp, an instant messaging platform, to a full-fledged B2B liquidity platform, OneLiquidity began as an over‑the‑counter foreign exchange and stablecoin operation run on WhatsApp by founder and Chief Executive Officer (CEO) Munachi Ogueke.
The product started as a stablecoin-to-fiat exchange operating on a messaging app, enabling small businesses to move money within and across borders using (USDT (Tether) and USDC (U.S dollar coin) as the bridge layer.
Working with a small circle of clients, Ogueke helped people move money across borders, setting margins on each transaction and manually coordinating trades. It was an informal system that revealed a bigger opportunity: businesses needed faster, more reliable ways to move money at scale.
According to AfricaNeda, Africa is the most expensive region in the world to send money to or within. As of Q1 2025, the average cost of sending $200 to Africa remained at 8.2%, only declining marginally from 9.8%.
This is the gap OneLiquidity, a combined FX and stablecoin liquidity desk with proprietary smart-routing technology built for Africa’s complex currency corridors, was built to close.
