The Miami startup building blockchain settlement rails for African governments

That was the amount that flowed into Sub-Saharan Africa as remittances in 2024, according to World Bank estimates . Yet, moving money across Africa still often means routing payments through correspondent banks, delays, foreign exchange (FX) costs, and fees that can reach double digits. Ryan Kirkley, co-founder and chief executive officer of Global Settlement Network (GSX) , a US-based blockchain infrastructure company, believes those inefficiencies are creating an opening for a new