Company profile
Sika Box US Incorporated
Sika Box US Inc, operating as Sika Financial Group, is a United States-incorporated financial market infrastructure company focused on clearing, settlement, liquidity aggregation, and market data for frontier and emerging market foreign exchange. Founded in 2023 and headquartered in Delaware, the company provides institutional counterparties including commercial banks, central banks, corporate treasuries, payment providers, and brokers with a central counterparty (CCP) and multilateral netting platform branded ClearNet. The platform delivers payment-versus-payment settlement finality and supports more than 30 emerging market currency pairs across Africa, the Middle East, Southeast and South Asia, and Latin America. Sika Box US Inc is registered as a Money Services Business with FinCEN in the United States, and its Canadian affiliate, Sika Box CDN Inc, is registered as an MSB with FINTRAC and as a Payment Service Provider. The company operates under regulatory no-objection letters in Kenya, Nigeria, and Ethiopia, and is engaged with the Kenya Capital Markets Authority on formal FMI designation.
- Sector
- Financial services / Cross-Border Payments, Payments Infrastructure
- Markets
- Rwanda, Tanzania, Uganda, Egypt, Ethiopia, South Africa, Kenya, Nigeria, Ghana
- Founded
- 2023
- Ownership
- Private
- Stage
- Startup
- Capital raised
- $2m
- Employees
- 11-50
- Business model
- B2B Financial Services
Products and services
ClearNet (CCP & Multilateral Netting Platform), Order Desk Access Channel, Web Platform Access Channel, API Integration Programme & FX Market Data Services
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 8 Jun 2026 | Aruwa Capital Management invests in Sika Financial Group | Private Equity | $2m | Uganda |
Source: Partner Researchers.