Neofingo Protocol Overview

Euro (UK) – Africa (Ghana) Digital Trade Finance Corridor

Every year, African SMEs lose access to over ~$120 billion in trade finance. The gap persists because legacy banking infrastructure was never designed to serve a shea butter processor in Tamale or a coffee exporter in Freetown. Neofingo is a Digital Finance Corridor that connects the UK's digital banking ecosystem — neobanks, electronic money institutions, & RegTech firms — with African fintech hubs through a new financial instrument: the neo-LC, a programmable digital Letter of Credit. The protocol is open-licence, standards-aligned, and jointly governed by African and UK financial partners. Trust is designed into the architecture, built transaction by transaction, with no single side holding overriding control.

01 Jan 2026 5 pages
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Key highlights

  • Every year, African SMEs lose access to over ~$120 billion in trade finance.
  • The gap persists because legacy banking infrastructure was never designed to serve a shea butter processor in Tamale or a coffee exporter in Freetown.
  • Neofingo is a Digital Finance Corridor that connects the UK's digital banking ecosystem — neobanks, electronic money institutions, & RegTech firms — with African fintech hubs through a new financial instrument: the neo-LC, a programmable digital Letter of Credit.

Built for modern trade finance workflows

From real-time compliance checks to programmable settlement, every layer of the corridor is designed for speed and trust.

Corridor
neo‑LC
Signals
Neofingo

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