Africhange Expands to UK, Offering Cost-Effective International Money Transfers
Africhange, a global remittance money transfer platform that provides users with an easy way to send money to and from across Africa and North America, has launched operations in the UK, offering more efficient, cost-effective, and reliable solutions for international money transfers.
Initially focusing on the UK-Nigeria corridor, Africhange aims to expand its services to Ghana and Kenya by the end of the year. The new Authorised Payment Institution License will enable Africhange to provide a variety of payment solutions for UK users, including discounted exchange rates for students at UK universities alongside market-leading rates for the general public.
Africhange is also set to introduce its Afripoints loyalty program in the UK, which rewards users with cash for transactions. Users can earn points for every money transfer, redeemable as cash or discounts on future transactions. This program is already available in Canada, Australia, and Nigeria.
Supporting remittance services across over 100 global corridors, Africhange plans further expansion into Africa, Europe, Asia, and the Americas, while broadening its range of payment and financial services for users.
Speaking on the launch of operation in the UK, the founder and CEO of Africhange, David Ajala said,
“Africhange’s entry into the UK market represents a significant milestone in our mission to deliver the best possible global payments experience for Africans in diaspora. Despite the significant inflows of remittance to the continent, the cost of sending money means a significant percentage of those funds don’t get to the recipients and we want to change that. We have big plans and we are looking forward to expanding our services, reaching more customers and ensuring that everyone can benefit from seamless and cost-effective international money transfers.”
Africhange leverages its innovative platform to deliver seamless, cost-effective and user-friendly global payment experiences for users, enabling them to transfer funds internationally. Users can send money across the world in real-time, with competitive rates ensuring that more money reaches the recipients.
The company supports money transfer services from Canada, Nigeria, Australia and the UK to various countries across the world, with a range of currencies including US Dollars (USD), Canadian Dollars (CAD), Chinese Yen (CNY), Nigerian Naira (NGN), Kenyan Shillings (KES), Ghanaian Cedis (GHS), Indian Rupees (INR), Australian dollars (AUD), British Pound Sterling (GBP) and more.
Source: ffNews
