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Leatherback’s app simplifies African cross-border payments

Modupeoluwa Olalere by Modupeoluwa Olalere
September 22, 2023
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Imagine the convenience of sending money internationally as quickly as texting! Say goodbye to paperwork, expensive fees, and long waits for funds! It sounds wonderfully dreamlike.

Leatherback, an innovative IT company, makes cross-border payments a breeze for Africans worldwide!

Leatherback’s new mobile app opens exciting possibilities for students, medical migrants, remote workers, freelancers, parents, and business owners.

Since 2019, Leatherback has offered remittance and multi-currency solutions to let Africans send and receive money swiftly and efficiently. Entrepreneur and co-founder Toyeeb Ibrahim imagined a world where money could migrate freely like the Leatherback turtle.

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The Leatherback is the most giant and most mobile marine turtle. Several countries have it. Turtles cross the Atlantic and Pacific Oceans and visit Alaska, Norway, New Zealand, South America, and South Africa. It spans countries and can withstand significant temperature variations.

Money moves slower than that turtle. Location, exchange rates, finding trustworthy financial partners, significant transaction costs, and more prevent people from living their dreams. The solution was Leatherback.

Like that turtle, Leatherback Finance is powerful and borderless. Its mission is to provide services that enable globalization and financial independence for all.

The company worked hard to create a mobile app that lets anyone send and receive money in any currency immediately because they realize international payments are complex. Student fees, migrants, remote employees, and freelancers can be paid in any currency via the Leatherback smartphone app.

Read also: Visa facilitates contactless payments in Kenya, collaborates with fintechs 

The Leatherback smartphone app features

The user-focused mobile app has a modern, straightforward, and easy-to-navigate interface. Users can sign up in two minutes without paperwork or hassle. Notably, the Leatherback mobile app provides many features that simplify and secure cash transfers. Key app features are:

SendR: A remittance solution that lets people transfer money in their native currency and get it instantaneously in NGN, ZAR, TZS, CFA, XAF, XOF, GHS, GBP, USD, and more.

Multi-currency account: Individuals can own a multi-currency account to process transactions quickly and deposit and withdraw funds in various currencies. The exchange rate for sub-account transfers and currency conversions is sometimes better than standard currency conversion expenses.

Daily rates and negotiation: Individuals in the diaspora can access daily rates for each currency and negotiate the rates that suit them. Leatherback considers their offers and assures they work. 

Instant transfers: Leatherback provides beneficiaries fast financial transfers with modern technology and strategic banking partnerships.

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Major regulators let Leatherback deploy its African mobile app

Significant regulated organizations authorize Leatherback to make its mobile app available in Nigeria, Ghana, Cameroon, Tanzania, and other African nations as part of its cross-border payments promise.

This inclusivity supports the company’s goal of removing financial transaction obstacles worldwide. Toyeeb Ibrahim, Leatherback CEO, was excited about the app’s launch, saying,

“We are proud to launch our mobile app to empower the African diaspora with cross-border payment solutions. We enjoy using 15+ currencies and transacting in 21 countries without visiting a bank. 

The mobile app is a big step towards a more connected world with fewer financial barriers, and people can meet, help each other, and do well across borders. In addition to focusing on efficient transfer services, Leatherback plans to add more financial solutions. This will show that it is even more committed to giving people the fastest way to send money across borders.

Download the Leatherback app from the Play Store or the App Store to start. You can find out more at www.leatherback.co.

Tags: AfricanLeatherbackMobile App
Modupeoluwa Olalere

Modupeoluwa Olalere

Modupe is a tech content writer with 3+ years of experience turning complex ideas into clear, engaging stories. She covers innovation, digital trends, and emerging technologies. When she’s not writing, she’s exploring new tools or tracking trends shaping Africa’s tech ecosystem.

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