• Latest
  • Trending
Nigerian startup Sendsprint acquires US's Nobel Financial

Nigerian startup Sendsprint acquires US’s Nobel Financial

August 9, 2024
Edtech startup The Invigilator raises $11 million to scale its AI platform

Edtech startup The Invigilator raises $11 million to scale its AI platform

September 6, 2025
iXAfrica receives RMB financing to fast-track 20 MW expansion in Nairobi

iXAfrica receives RMB financing to fast-track 20 MW expansion in Nairobi

September 6, 2025
OpenAI challenges LinkedIn with new AI-powered hiring platform

OpenAI challenges LinkedIn with new AI-powered hiring platform

September 6, 2025
Tanzanian fintech NALA takes its services to Kenya

Tanzanian fintech NALA takes its services to Kenya

September 6, 2025
Call of Duty movie: Paramount, Activision strike deal for live-action adaptation

Call of Duty movie: Paramount, Activision strike deal for live-action adaptation

September 5, 2025
Meta Brings Back Facebook Poke with Emojis and Streaks

Meta Brings Back Facebook Poke with Emojis and Streaks

September 5, 2025
Know why they’re calling: Truecaller launches AI-powered insights

Know why they’re calling: Truecaller launches AI-powered insights

September 5, 2025
Visa harnesses local partnerships to launch Visa Pay in DR Congo

Visa harnesses local partnerships to launch Visa Pay in DR Congo

September 5, 2025
Betika denies recent reports of security breach

Betika denies recent reports of security breach

September 5, 2025
10 things you can actually buy with crypto in Africa

10 things you can actually buy with crypto in Africa

September 5, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Business Startups

Nigerian startup Sendsprint acquires US’s Nobel Financial

Modupeoluwa Olalere by Modupeoluwa Olalere
August 9, 2024
152 1
0
Nigerian startup Sendsprint acquires US's Nobel Financial
476
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

Sendsprint, a Nigerian fintech startup, has revealed that it has bought Nobel Financial, a US-based global money transfer service. With this purchase, Sendsprint will be able to offer more services and reach more people in the United States.

Sendsprint will also be able to support money transfers and gifting from customers in 16 US states, including New Jersey, Maryland, Georgia and more, to recipients in Nigeria, Ghana, Kenya and other African countries.

Nobel Financial is a company that was started in 2014 and sends money from the United States to over 32 countries in Africa, Latin America, Asia, and the Middle East. The company lets people send more than just money to people in Africa. They can also send gifts such as bags of rice and other items. More than a million people have used Nobel Financial to send money to people worldwide in the last 10 years.

Read also: Bio-Logical Climate Startup raises $1.3 million for growth and Expansion

RelatedPosts

No Content Available

“We see immense value in Nobel Financial, and that was what this acquisition was borne out of. The US presents a massive opportunity for us as a company, and we are excited to bring our unique blend of people-focused technology solutions and nuanced understanding of Africans to the US market to make this expansion into the US a remarkable success. ” Damisi Busari, CEO and founder of Sendsprint, said. 

Why Choose Sendsprint for Your Payment Needs? 

Sendsprint specialises in cross-border payment solutions, with operations in the US, UK, Ghana, Kenya, South Africa, and Nigeria. Transactions are processed quickly, often within 30 minutes, and are protected by advanced security measures, including two-factor authentication (2FA) and real-time transaction monitoring. 

In addition, Sendsprint has formed partnerships with more than three thousand active stores in Africa. These retailers include well-known names such as Shoprite, Dapper Monkey, Jumia, and Cake City. These partnerships allow users to send gift cards to recipients in Africa.

As part of the transaction, Scott McClain, who now serves as the Chief Compliance Officer at Nobel Financial, will assume the role of Chief Compliance Officer at Sendsprint. He and other members of his team will support Sendsprint’s compliance program in the United States.

Read also: Google-backed African startups raise $266 million in investment

More info on Sendsprint

Founded in 2022 by Damisi Busari, a former executive at Flutterwave, Sendsprint is a payment business based in Nigeria. Across Africa, the company is committed to developing digital payment systems and financial transfers. Busari’s leadership at Sendsprint and her knowledge of financial technology are essential to the advancement of innovation and the broadening of access to financial services.

Sendsprint’s leadership has established user-friendly solutions for international payments. The company reached an important growth milestone with the recent acquisition of Nobel Financial, which is situated in the United States. This acquisition has broadened the company’s effect and technological capabilities in worldwide payments.

Tags: Nobel FinancialSendsprint
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.

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.