How DusuPay Has Powered Templer FX’s African Expansion Since 2018
- DusuPay
- Dec 22, 2025
- 3 min read
In 2018, Templer FXÂ made a bold move.
They expanded into Africa.
At the time, this decision was not hype-driven. It was data-driven.
Africa’s forex market was growing fast. A young population. Rising smartphone usage. More retail traders entering the market every year. In several African countries, forex trading growth rates were already outpacing parts of Europe.
Templer FX saw the opportunity early.
They publicly announced their Africa expansion on their website, positioning Africa as a long-term growth market, not a side experiment.
But what came next surprised them.
Official TemplerFx publication on their website: https://templerfx.com/en/news/view/1643
The Challenge with the continent: Africa Is Not One Market
On paper, Africa looks like one region.
In reality, it is 54 completely different markets.
Unlike the US or Europe, where Visa and Mastercard dominate payments, Africa runs on local rails.
Each country has its own trusted way of moving money.
In Uganda, over 90 percent of everyday transactions happen through mobile money. People prefer MTN Mobile Money and Airtel Money, not cards.
In Kenya, M-Pesa is the default payment method. Cards are optional. M-Pesa is mandatory.
In Nigeria, users trust wallets and bank transfers. Platforms like Opay and direct online banking dominate.
In South Africa, EFT remains the most trusted way to move money, especially for larger amounts.
What this meant was simple.
Card-only payments would lock out the majority of real users.
The Real Problems Templer FX Faced
Once Templer FX started operating across multiple African countries, the challenges became clear very quickly.
1. Too Many Local Integrations
Each country required a different payment provider.
Different APIs.
Different contracts.
Different uptime risks.
Maintaining this setup would have taken months of engineering work and constant support overhead.
2. Local Bank Account Requirements
To collect funds locally, Templer FX would have needed bank accounts in each country.
Opening accounts.
Maintaining balances.
Managing reconciliations.
This was slow, expensive, and operationally heavy.
3. FX and Fund Repatriation Issues
Some markets made it difficult to move money out.
Nigeria and Burundi stood out as particularly complex due to FX controls and settlement delays.
For a global forex broker, this was a serious bottleneck.
Growth was there.
Payments were the problem.
Why Templer FX Chose DusuPay
This is where DusuPay came in.
Instead of building 10 to 15 local integrations, Templer FX chose a simpler path.
One partner. One API. One settlement flow.
DusuPay provided a single integration that allowed Templer FX to:
Collect payments using local methods across Africa
Pay out to users in their preferred local channels
Handle FX conversion cleanly
Settle funds anywhere in the world
Stay compliant with local regulations
No fragmented systems. No country-by-country rebuilds.
Just one infrastructure layer built for Africa.
How the Partnership Worked in Practice
For Templer FX, this changed everything.
They could accept deposits from traders using the methods they already trusted.
Mobile money.
Bank transfers.
Local wallets.
They could process payouts without delays. They could move funds across borders without fighting local bottlenecks. They could scale without opening new bank accounts every time they entered a new country.
Most importantly, their team could focus on trading, risk, and customer experience. Not payments firefighting.
From 5 Countries to 15
Since 2018, the partnership has scaled steadily.
Together, DusuPay and Templer FX expanded from 5 African countries to 15.
Along the way, DusuPay supported:
Collections across diverse local payment methods
Payouts to traders and partners
FX handling in restricted markets
Global settlements outside Africa
Ongoing regulatory and compliance requirements
This was not overnight growth.
It was controlled, reliable expansion.
The kind that lasts.
What Other Financial Companies Can Learn
Africa is no longer an emerging market.
It is an active, fast-moving financial market.
But it does not reward shortcuts.
If you are building in:
Forex
Stocks
Crypto
CFDs
Financial securities
You cannot enter Africa with card-first thinking.
You need infrastructure that understands local behavior, local regulation, and local money movement.
One Integration. Africa Covered.
Templer FX’s story is not unique.
Hundreds of FX, crypto, and financial services companies now trust DusuPay to handle Africa’s complexity so they don’t have to.
Africa may look fragmented on the surface.
With the right partner, it scales cleanly.
Just like Templer FX proved.