• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, August 3, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

VitalSwap Unlocks Global Revenue Channels For African Remote Workers

by Leadership News
6 hours ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

VitalSwap, a global financial technology platform, has introduced a new fintech platform designed to eliminate long-standing payment restrictions for African freelancers, remote workers, and digital entrepreneurs.

Advertisement

Founder and chief executive officer of VitalSwap, Akinsola Jegede, who disclosed this in a press statement, said the platform, which recently secured operational licensing, is already being hailed as a game-changer by early adopters, particularly among Africa’s rising pool of remote workers and digital service providers.

VitalSwap provides a Stripe-like alternative tailored to African realities, offering users the ability to open foreign business accounts denominated in United States dollars, British pounds, and euros, directly under their registered company names. Through these accounts, users can receive international payments, convert currencies seamlessly, and withdraw earnings locally.

“For too long, African professionals have been locked out of the global digital economy, not due to lack of talent, but because of the inability to access reliable and compliant payment systems. VitalSwap is changing that. We’ve built a solution that gives African businesses a direct route to receive global payments—legally, efficiently, and securely,” Jegede.

Platforms like Stripe and PayPal remain either inaccessible or heavily restricted in many African countries, leaving a significant gap in the continent’s participation in the global digital economy. This has forced many remote workers and startups to rely on informal or risky payment channels, often facing delays, hidden fees, and compliance issues.

RELATED

Presco Lauds 2024 Staff’s Performance, Explains 2025 Agenda

Presco Grows Pre-tax Profit By 121.8% To N111.9bn

13 hours ago
Nigerian Breweries Records N106bn Net Loss

Nigerian Breweries Records N738.14bn Revenue

13 hours ago

VitalSwap aims to bridge this divide with a digital infrastructure built from the ground up for African users. At the core of its system is an AI-powered compliance engine that automates Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML) processes. This ensures that businesses can be onboarded quickly while meeting global financial regulations.

“Our onboarding process ensures that African freelancers and digital entrepreneurs can access the global marketplace without fear of rejection or disconnection due to their location. We are not just opening accounts, we are unlocking possibilities,” Jegede explained.

Since its soft rollout, the platform has onboarded a pilot group of users and opened a public waitlist. Early feedback has been overwhelmingly positive, with users praising its ease of use, transparent currency conversion rates, and swift payout mechanisms.

For remote professionals working in software development, digital marketing, content creation, design, and consultancy, the inability to receive payments has often been a greater challenge than finding international clients. VitalSwap is positioning itself as the missing link between talent and opportunity.

Beyond just facilitating payments, the company’s vision includes building an end-to-end financial ecosystem that supports African digital businesses. This includes tools for invoicing, currency management, financial reporting, and potentially even credit services in the near future.

As Africa’s digital economy continues to grow, fueled by an expanding youth population, high mobile penetration, and the global appetite for remote work, the need for inclusive financial infrastructure becomes more urgent.

“Too many African businesses and freelancers have been shut out of global opportunities not because of a lack of skill or ambition, but because of payment restrictions,” the company said in a statement.

Jegede stated that the mission behind VitalSwap is as much about empowerment as it is about technology, adding that, “Our goal is to democratise financial access. We want to ensure that African professionals can compete, earn, and thrive on the world stage, on equal footing with their global peers.”


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




SendShareTweetShare
Previous Post

Fear Grips NSCDC, FFS, NIS Applicants After Recruitment Portal Update

Next Post

NHRC Condemns Closure Of Radio Station In Niger

Leadership News

Leadership News

You May Like

Presco Lauds 2024 Staff’s Performance, Explains 2025 Agenda
Business

Presco Grows Pre-tax Profit By 121.8% To N111.9bn

2025/08/03
Nigerian Breweries Records N106bn Net Loss
Business

Nigerian Breweries Records N738.14bn Revenue

2025/08/03
‘95,000 Women, Children Die Annually From Charcoal Smoke’
Business

Charcoal Trade Threat To Forest Sustainability, Livelihood – FG

2025/08/03
Shippers’ Council Condemns Vandalism, Theft Of Rail Tracks
Business

Shippers’ Council Seeks Abia Govt. Support On Isiala Ngwa Inland Dry Port Revival

2025/08/03
Use Existing Frameworks To Bridge Metering Gap, NERC Tells Distribution Firms
Business

NERC Transfers Regulatory Oversight Of Electricity Market In Nasarawa State To NASERC

2025/08/03
Lawmakers, Marítime Workers Kick Over NPA’s 50% Federation Account Remittances
Business

To Maximise Blue Economy Potential, NPA Assure Investors Of EODB

2025/08/03
Leadership Conference advertisement

LATEST

‘Obi’s 6m Votes Will Vanish If He Joins Atiku’, Says Tinubu’s Minister

‘You’ve Written Your Names In History,’ Tinubu Celebrates Victorious D’Tigress

‘A Golden Chapter For Nigeria’, Remi Tinubu Celebrates D’Tigress

Bandits Kill 11 Residents In Zamfara Villages

N712bn Lagos Airport Renovation Misplaced Priority — ADC

Federal Gov’t To Recoup N712bn Lagos Airport Renovation Spending In 3 Years Keyamo

JUST-IN: Nigeria’s D’Tigress Clinch 5th Consecutive FIBA Women’s AfroBasket Title

‘We Are Rebuilding Lagos Airport To Become West Africa’s Aviation Hub,’ Says Federal Gov’t

Ex-Katsina Central Senator Dumps APC For ADC

North Not Marginalised Under Tinubu, Kaduna Gov Insists

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.