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Technology
Kente Labs
An Accra software studio that bills UK clients in pounds and pays its team in cedis an hour later, without thinking about currency.
FX cost on invoices
0.4%
Was
3.6%
£420k
collected from UK clients last year
Industry
Technology
Location
Accra, Ghana
Corridors
GBP → GHS
Our UK customers pay into a sort code and our team in Accra gets cedis an hour later. Nobody here has to think about currency any more.
Kwame Mensah
Founder
The problem
Kente Labs builds software for UK clients and pays its team in Accra. Client invoices arrived as international wires, and the bank’s conversion margin quietly took more than 3% of every payment.
What changed
Clients now pay into a UK sort code like any local supplier. The money lands in the studio’s pound balance, and Kwame converts to cedis at the mid-market rate plus one visible fee.
Rate alerts instead of guesswork
A rate alert on GBP to GHS tells Kwame when the pound strengthens, so larger conversions happen on good days rather than whichever day the invoice cleared.
The result
The studio’s FX cost on client invoices dropped from 3.6% to 0.4%, and payroll in Accra runs an hour after clients pay.
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