Afriex Launches Global Accounts To Transform Cross-border Payments

Afriex, a fintech company revolutionising cross-border payments, has launched a groundbreaking new feature, Global Accounts.

This innovative solution empowers individuals and businesses across Africa to seamlessly manage multi-currency accounts, making it easier than ever to receive, send, and store funds internationally.

Speaking at the launch, co-founder and CEO of Afriex, Tope Alabi, said, “At Afriex, our mission is to unlock new economic opportunities for Africans by providing affordable, accessible, and reliable financial services.

“With the launch of Global Accounts, we are taking a significant step forward in simplifying cross-border money management and addressing a critical pain point for our users. Freelancers, remote workers, and anyone needing to receive USD directly can now receive, hold, transfer, and manage their funds seamlessly.”

Alabi added that, “global accounts represent a significant milestone in Afriex’s journey to transform the cross-border payments landscape, and we are excited to empower our customers with greater financial flexibility and control, and we look forward to continuing to innovate and deliver solutions that meet their evolving needs.”

Global Accounts by Afriex allow customers to receive and hold funds in multiple currencies, including USD, GBP, and EUR, all within a single, intuitive interface. This eliminates the need to maintain separate accounts and navigates the complexities of traditional cross-border payments.

Key features and benefits of Afriex Global Accounts are that it offers a comprehensive solution with multi-currency management, fast and low-cost international transfers, real-time visibility, and mobile access, making financial management easy and convenient.

Communications Manager, Afriex, Wuraola Abulatan, said, “The launch of Global Accounts is a game-changer for Africans, especially freelancers, remote workers, and business owners who regularly need to receive or send money across borders.

“By consolidating multi-currency account management into a single platform, Afriex is removing the complexity and reducing the costs associated with cross-border payments, ultimately driving greater financial inclusion and economic empowerment.”

Afriex’s Global Accounts feature is now available to customers across Africa, North America, and Europe, with plans to expand the service to additional markets shortly.