MoneyHash Powers Luno's Payment Routing

Egyptian payment orchestration startup MoneyHash now routes Luno's transactions across multiple providers to reduce failed deposits.

Updated on Nov. 4, 2026 in Financial Services

MoneyHash Powers Luno's Payment Routing

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Egyptian payment orchestration startup MoneyHash now manages payments for crypto platform Luno, which previously maintained more than 25 payment provider and bank integrations in-house. Luno now routes transactions through MoneyHash based on provider performance, recovering one in four deposits that might otherwise have been lost.

Why it matters

As Luno's customer base grew across multiple markets, maintaining dozens of separate provider and bank connections became a growing operational burden. Outsourcing routing to a specialized orchestration layer offers a way to scale payments without building that complexity internally.

MoneyHash raised US$5.2 million in pre-Series A funding in early 2025 and has partnerships across Saudi Arabia, the UAE, Iraq, Bahrain, Oman and South Africa. Luno previously managed more than 25 payment provider and bank integrations in-house, a figure the source does not compare against a post-integration cost or failure baseline.

The players

MoneyHash

An Egyptian payment orchestration startup founded in 2021 that manages payment routing and provider connections for enterprise clients across the Middle East and Africa.

Luno

A cryptocurrency platform founded in Africa in 2013 that serves millions of customers across multiple markets.

The details

MoneyHash, founded in 2021 by Nader Abdelrazik and Mustafa Eid, routes Luno's payment providers and manages payments centrally. When one provider fails, the platform directs transactions to alternative routes, and the company launched its enterprise suite in October 2025.

Timeline

  1. 2013: Luno is founded in Africa.

  2. 2021: MoneyHash is founded by Nader Abdelrazik and Mustafa Eid.

  3. 2022: MoneyHash launches a successful beta.

  4. October 2025: MoneyHash launches its enterprise suite.

  5. Early 2025: MoneyHash secures US$5.2 million in pre-Series A funding.

Market Landscape

Payment orchestration middleware lets merchants route transactions across several processors rather than integrating each one directly. MoneyHash's work with Luno extends that model into crypto-exchange deposit infrastructure, where regional bank and provider connections are numerous and failure-prone.

For users of platforms like Luno, payment orchestration can mean fewer failed deposits and fewer delays when a single provider has a problem. The source does not indicate any change to fees, supported payment methods or account terms for customers.

The takeaway

Behind the scenes, routing software is increasingly what determines whether a payment succeeds, and reliability at that layer can matter as much as the product users see. Readers using crypto or fintech apps can check whether their platform publishes deposit success metrics.

Further reading

For more on how payment infrastructure is reshaping the sector, explore Financial Services coverage on Wisevoter.

Source note: This article includes information reported by Disrupt Africa.

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