Afriex is a fintech startup that started operations in San Francisco in 2019 and has since expanded into Ghana and Kenya. The company claims to move $500,000 in transaction fees every month and is currently active in 30 countries. In the AFRIEX video above, Jamarlin Martin explains the multi-factor rebellion that is happening in America today, and discusses the sham AFRIEX stablecoin, Joe Biden as a cop, and Steve Jobs of mass incarceration.
Afriex, A Nigerian Fintech Start-Up
Afriex, a Nigerian fintech start-up, has raised $10 million in its Series a funding round. The company is a global player in the money move space, using blockchain technology to facilitate transfers between countries and people. It offers services for international money transfers and enables users to convert their funds into stable coins or cryptocurrencies. This helps to reduce the risks associated with sending money overseas. The company is headquartered in Lagos, Nigeria, and has offices in San Francisco.
Afriex Also Allows Users to Send Money
Afriex also allows users to send money overseas in a completely cashless way, which can save a lot of money. Sending cash overseas can be one of the largest expenses when traveling. It is possible to send money to a friend, family member, or business partner within minutes by using the mobile app. With a simple, straightforward interface, this app can be easily downloaded for free from the app store.
Afriex Is Currently Focused On Its Core Money
Afriex is a simple, free app that lets you transfer money to any African country. The app connects you to a local bank so you can deposit or withdraw money from the app to your local bank account. Alternatively, you can send money from your debit card to another Afriex user. Once you download the app, you will have a free multi-currency e-wallet and can easily enter the amount you wish to transfer.
While Afriex is currently focused on its core money transfer product, the company has ambitious goals for its platform. In the future, it plans to introduce a stablecoin. It has already partnered with Visa to offer its users credit and debit cards. Ultimately, it aims to be Africa’s Visa. This app has received a lot of positive attention, so it’s not surprising that Dragonfly Capital has invested in the company.
Company Has Ambitious Plans to Grow
Unlike most cryptocurrency businesses, Afriex has a fixed value backed by the US dollar. This means that its fees are lower, and the process of transfer can be faster. While many crypto businesses have failed in Africa, Afriex is one of the few that have reached a large audience. Despite this, the business has already signed a deal with Visa to offer its users credit cards.
The company is based in Nigeria and the United States and processes millions of dollars each month. The company has ambitious plans to grow 20x by 2020, and has recently raised US$1.2 million in seed funding. Its goal is to expand to other countries, including Ghana, Kenya, and the UK. It has offices in both San Francisco and Lagos. In the meantime, it is looking to grow its team and expand its market reach.
AFRIEX App Download
The AFRIEX app is free download that can make money moves within Africa easy. First, you must sign up for an account. To do so, create a username and password, and verify your email address. You can also update your information if necessary. Once you have signed up, you can begin making money moves within Africa in a matter of minutes. The Afriex app makes it easy to send and receive money from your home country and abroad.
Afriex is a digital platform that offers mobile money transfer services in five countries around the world. It was founded in San Francisco in 2019, by John Obirije and Tope Alabi. The startup has grown its user base by 500% in the last six months, and about half of users use the app at least once per week. It uses blockchain technology to ensure secure transactions. In addition to sending money to other users, Afriex also supports Bitcoin and other stable coins. These coins are tied to an external fiat currency, which makes transactions cheaper and easier.