Africhange, a global provider of remittance services, has launched its operations in the United Kingdom. The platform, accessible via its website or mobile app, facilitates quick transfers of Canadian Dollars to Naira directly into any Nigerian bank account.
Enhancing Payment Solutions in the UK
Initially focusing on the UK-Nigeria corridor, Africhange plans to expand its services to include Ghana and Kenya by the year’s end. The company’s new Authorised Payment Institution License will support a variety of payment solutions, including remittance services, tailored for users in the UK.
Founder’s Vision and Mission
David Ajala, Founder and CEO of Africhange, emphasized the significance of the UK market entry, aiming to optimize remittance experiences for Africans in the diaspora. He highlighted the high costs associated with traditional money transfers to Africa and expressed Africhange’s commitment to offering more cost-effective solutions.
Innovative Offerings and Expansion Plans
Africhange introduces discounted exchange rates for students in UK universities, alongside its market-leading rates for the general public. The company also plans to launch its loyalty program, Afripoints, in the UK. This program allows users to earn cash rewards for transactions made through the platform, promoting customer loyalty and engagement.
Global Reach and Future Prospects
Currently supporting remittance services across over 100 global corridors, Africhange aims to expand further across Africa, Europe, Asia, and the Americas. The platform ensures seamless, cost-effective, and user-friendly international money transfers, empowering users to send funds worldwide in real-time with competitive exchange rates.
Diverse Currency Support
Africhange facilitates money transfers from Canada, Nigeria, Australia, and the UK to various countries worldwide, supporting a wide range of currencies including USD, CAD, CNY, NGN, KES, GHS, INR, AUD, GBP, and more.
