Hanypay Integrates AKL Lumi Stablecoin to Expand Global Financial Ecosystem

Hanypay, a leading Ghanaian fintech licensed by the Africa Diaspora Central Bank (ADCB), proudly announces a strategic agreement to develop and integrate the AKL Lumi stablecoin

Hanypay, a leading Ghanaian fintech company licensed by the Africa Diaspora Central Bank (ADCB), has announced a strategic agreement with the Group of Consultants (GOC) Consortium to develop and integrate the AKL Lumi stablecoin into the global financial ecosystem.

This initiative is part of the broader vision to expand financial inclusion, digital asset adoption, and economic empowerment across Africa and the global diaspora.

The agreement, referenced under Arrangement Number: 4557/2425/09/03, spans the United Arab Emirates, India, and Singapore, bringing together Client and Bank Group (CBG) and the Group of Consultants (GOC) Consortium.

The consortium members specialize in blockchain technology, financial auditing, compliance, and fintech innovation. Together, they will see the AKL stablecoin securely developed, audited, and integrated with international cryptocurrency exchanges, bringing a new level of accessibility, transparency, and financial stability to users worldwide.

Jeronimo, a member of the GOC Consortium based in Singapore, and Rohit, a Group of Consultants (GOC) associate, have been instrumental in facilitating this partnership. Their expertise in blockchain technology, financial auditing, compliance, and fintech innovation will be invaluable in the successful integration of the AKL Lumi stablecoin.

Client and Bank Group (CBG) and the Group of Consultants (GOC) Consortium

Client and Bank Group (CBG) and a consortium of industry-leading experts under the Group of Consultants (GOC) have successfully formed a strategic alliance spanning the United Arab Emirates, India, and Singapore.

This significant milestone marks the culmination of several months of rigorous negotiations, extensive regulatory assessments, stringent compliance reviews, and comprehensive legal structuring.

The establishment of this consortium underscores a shared commitment to fostering innovation, financial excellence, and industry leadership across diverse markets. With expertise drawn from multiple global financial hubs, CBG and GOC aim to drive transformative solutions in banking, fintech, investment strategies, and regulatory compliance.

This partnership positions the consortium as a formidable force in shaping the future of financial services, ensuring seamless cross-border transactions, enhanced regulatory alignment, and the integration of cutting-edge financial technologies. Through this collaboration, CBG and GOC seek to unlock new opportunities, facilitate economic growth, and contribute to the advancement of global financial ecosystems.

Project Scope and Objectives

The project will be executed in three key phases:

1. Stablecoin Smart Contract Development: Creating a secure and efficient stablecoin smart contract with robust collateral management, KYC/AML compliance, and blockchain-based transaction verification.

2. Regulatory Audits and Exchange Listings: Ensuring compliance across multiple African jurisdictions and facilitating seamless listings on global cryptocurrency exchanges.

3. Marketing, Public Relations, and Branding: Elevating awareness and driving adoption of AKL Lumi through strategic engagement, positioning it as a preferred digital asset for economic transformation.

Hanypay’s integration of AKL Lumi on its platform has already seen a surge in adoption, reinforcing the growing demand for stable digital currencies backed by tangible assets. The agreement underscores the commitment to positioning AKL Lumi as a major player in the stable coins market.

Strengthening Financial Sovereignty and Economic Empowerment

As part of this initiative, Hanypay will ensure seamless transactions through its advanced peer-to-peer (P2P), business-to-business (B2B), consumer-to-consumer (C2C), and government-to-government (G2G) exchange solutions. The platform’s ability to support 170 fiat currencies further cements its role as a leading fintech enabler for global trade and investment.

AKL Lumi, launched by the Africa Diaspora Central Bank in June 2024, has rapidly gained traction as a trusted digital currency backed by four grains of 24-karat gold per unit. The current agreement will not only bolster confidence in the Lumi ecosystem but also unlock new investment opportunities for African kingdoms, communities, and the global diaspora family.

About Hanypay

Hanypay is a Ghanaian fintech company licensed by the Africa Diaspora Central Bank (ADCB), offering cutting-edge digital payment solutions, blockchain integration, and cryptocurrency exchange services. With a focus on financial inclusion, Hanypay enables seamless transactions across global markets, empowering businesses, individuals, and governments with secure, efficient, and transparent fintech solutions.