The Glasgow and Accra-based Kutana Technologies, the company behind Kutana Pay, has been selected for JPMorgan Chase’s Fintech Forward Programme, an initiative by the bank to support high-potential UK fintechs shaping the future of financial services.
The programme gives Kutana Pay direct access to JPMorgan mentors through a dedicated executive sponsor, tailored growth support via hands-on workshops and expert masterclasses, exposure to investors through showcase events and an all-expenses-paid trip to Slush 2025, as well as long-term backing through ongoing connections to JPMorgan’s network
Founded in 2024 by Nick Murphy and Samuel Opoku, Kutana Pay’s B2B payments and trade finance platform simplifyes cross-border trade between the UK, Europe, and African markets. Its platform enables instant, low-cost multi-currency payments, incorporates digital escrow to ensure trust between trading partners, and uses AI-driven credit models to extend working capital to SMEs that often struggle to secure traditional financing.
The company is tackling one of the toughest pain points for SMEs in cross-border trade: high costs and delays. While traditional banking rails can take several days and charge up to 12% in fees, Kutana Pay claims to cut those fees to around 1.5%, with near-instant settlements in GBP, USD, EUR, and key African currencies.
