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Home Tech News Africa Tech News

Wallets Africa introduces multi currency wallets

Modupeoluwa Olalere by Modupeoluwa Olalere
October 23, 2023
in Africa Tech News, Business, Business Strategy, Editors Pick, Entrepreneurship, Innovation, Startups, Tech News, Technology
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The Nigerian financial industry is paying attention to fintech company Wallets Africa, which is excited to show off its newest product, Spring.
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The Nigerian financial industry is paying attention to fintech company Wallets Africa, which is excited to show off its newest product, Spring.

This unique multi-currency wallet will change how people handle money by making Ethereum transfers and cashback easy.

Read also: Nigerian Crypto exchange Coinazer expands to Brazil

In the banking field, Wallets Africa has reached some impressive milestones:

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Successful Consumer Wallet Launch: Wallets Africa has welcomed 250,000 users to its consumer wallet in Nigeria, positioning it as a critical player in making financial services more accessible.

Business Digital Banking: Wallets Africa is one of the first companies in Nigeria to offer digital banking and borrowing services to businesses. They have over 20,000 business accounts, which helps businesses grow.

Leading Consumer Card Issuer: Wallets Africa’s cutting-edge prepaid card product has made it a leader in consumer card issues, giving users a safe and easy way to pay.

Honoured Hard Work and New Ideas: Wallets This year, Africa’s commitment to new ideas was recognised when it took part in the Ecobank Fintech Challenge and Y Combinator Winter ’19, solidifying its place as a tech leader.

Strong Support From Investors: Wallets Africa has received support from prestigious investors, including Swell Partners, Microtraction, Michael Seibel, and other well-known Silicon Valley backers who have invested $1.6 million.

Wallets Africa is taking another massive step towards making banking services more accessible to everyone with the launch of Spring. Spring users can do the following:

Easy to sign up and get an account number

Get good cashback on the things they buy.

Easily carry out ether transfers for a range of purposes.

CEO of Wallets Africa, John Oke, said, “We are excited to launch Spring, which aligns with our mission to make finance available to everyone.” This is a big step forward in our journey.”

The company behind Wallets Africa is getting ready for a seed round and thinks that the goals of the business and the goals of potential investors are very similar. Wallets Africa is happy to talk about this chance and looks forward to getting in touch with interested people.

10 Best Bitcoin Wallets in Nigeria (Updated 2022)

About Wallets Africa

The fintech company Wallets Africa is growing and wants to change banking services so everyone can use them. Because it is always coming up with new ideas and wants to give people more power, Wallets Africa has become a leader in the financial technology field.

Tags: AfricaDigital Wallets
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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