ANKA review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
ANKA is a pick for businesses and anyone moving money to Africa on a fixed schedule, with an exchange rate markup of 0% keeping the headline cost low. The catch is timing: Disbursements on Wednesdays, weekly or bi-weekly rather than instant transfers, and a narrower range of routes than bigger rivals.
Key facts
- Best for
- Scheduled payouts to Africa with no exchange rate markup.
- Transfer fee
- 6.99% per transaction (ANKA Pay), plus payout fee 0%-3%, total effective rate 6.99%-9.99%↗
- Exchange rate markup
- 0%↗
- Delivery time
- Disbursements on Wednesdays, weekly or bi-weekly↗
- Payout methods
- Bank, Wallet↗
- Currencies
- 8↗
- Legal entity
- GSPlatform Inc.↗
- Headquarters
- United States↗
- Founded
- 2016↗
- Support channels
- Email, Phone, Help-centre↗
- Official website
- anka.africa
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Get the app
- App Store
- Elsewhere
- LinkedInXmedium.com
Pros and cons
Pros
- Exchange rate markup of 0%, a clear cost edge on the conversion side
- ANKA Pay takes a per transaction charge with a payout fee on top, so the total effective rate sits well above the exchange rate markup
- Help centre, email and phone support through email, phone and help centre
- Payouts to a bank account or a mobile wallet, as listed in bank and wallet
Cons
- Disbursements on Wednesdays, weekly or bi-weekly, so money cannot move at short notice
- The total effective rate climbs once the payout fee is added to the ANKA Pay transaction charge
- A narrow corridor of 8 currencies limits which pairs can be funded
Who it suits
- Businesses paying staff or suppliers in African markets on a repeat cycle
- Anyone who can plan around a Wednesday payout rather than needing funds the same day
- Senders who want a stated exchange rate markup of 0% and no surprise on the rate
Who should look elsewhere
- Senders who need a transfer to land within minutes
- Anyone moving a currency outside the 8 ANKA covers
- People wanting card payouts, since bank and wallet lists bank and wallet only
The company behind it
ANKA is the trading name of GSPlatform Inc., a company registered in the US and founded in 2016. It operates a cross border payments service aimed at moving money between business accounts and recipients in African markets. Help is available through email, phone and help centre, so there is a self service option alongside direct contact. The service is built around scheduled disbursement runs rather than instant, on demand payouts.
How ANKA compares
9.1 vs 8.0
9.1 vs 8.5
9.1 vs 8.5
9.1 vs 8.99.1 vs 9.1
9.1 vs 8.6
9.1 vs 9.0
9.1 vs 8.9- 9.1 vs 8.9
9.1 vs 8.89.1 vs 8.8
9.1 vs 8.49.1 vs 8.0
Where ANKA is available
- Available
- Cameroon, Côte d'Ivoire, Senegal
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does ANKA charge to send money?+
ANKA Pay transfers carry a per transaction charge, and a payout fee of up to a further percentage of the amount is added on top. With an exchange rate markup of 0%, the total effective rate runs higher than the transaction charge alone, so budget against the combined figure.
How quickly does an ANKA payout arrive?+
Payouts follow a fixed schedule rather than running instantly: Disbursements on Wednesdays, weekly or bi-weekly. Anyone who needs money to move at short notice should treat that timetable as the deciding factor before opening an account.
Is there a charge on the exchange rate?+
The exchange rate markup is 0%, so the rate you see is the rate you get without a hidden spread. That is the main cost advantage over providers that add margin on top of the mid market rate.
How do I get the money out once it arrives?+
Recipients can be paid to a bank account or a mobile wallet, which is the full list in bank and wallet. Card payouts are not part of the service, so a recipient without a bank account or wallet would need another route.
How do I get help if a transfer goes wrong?+
Support runs on email, phone and help centre, so you can email, call or work through the help centre. A phone line is there for transfers that need chasing rather than waiting on an email reply.
Which currencies can ANKA handle?+
ANKA covers 8 currencies, which is a narrower set than many rivals. Check the pair you need before you commit, because a currency outside that list cannot be funded or paid out.
Who is ANKA designed for?+
It suits businesses paying staff, contractors or suppliers in African markets on a repeating cycle, thanks to Disbursements on Wednesdays, weekly or bi-weekly. Individuals sending an occasional transfer can use it too, but the schedule is built for regular runs.
Sources
- anka.africa/en checked September 26, 2026
Backs: Payout methods
“Withdraw your earnings quickly and securely through your bank account, PayPal, Payoneer, Mobile Money, etc., with reduced fees.”
- anka.africa/en/pages/about checked September 26, 2026
Backs: Founded
“Launched in 2016, our startup ANKA (meaning « Ours » in Dioula) offer services to vendors of African products on a global scale.”
- anka.africa/en/pages/legal checked September 26, 2026
Backs: Headquarters, Legal entity
“GSPlatform Inc., a corporation registered in the State of Delaware, United States, whose address is 2810 N Church St, PMB 512358, Wilmington, Delaware 19802-4447, United States.”
- anka.africa/en/payments checked September 26, 2026
Backs: Currencies, Exchange rate markup, Transfer fee
“We'll settle you $ 93.01 ... USD EUR GBP NGN KES GHS ZAR XOF”
- anka.africa/en/special-offer checked September 26, 2026
Backs: Delivery time, Support channels
“Disbursements are made to the bank account or payment method designated by the Vendor on Wednesdays (weekly and bi-weekly).”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type.