Nigerian Fintech Company Leatherback Launches Mobile App to Ease Cross-Border Payments For Africans in Diaspora
Leatherback, a Nigerian fintech company that simplifies cross-border payments for individuals and businesses in Nigeria and beyond, has launched a mobile app.
Aside from the competency of the company to provide state-of-the-art technologies that enable users to enjoy a seamless payment process and international transactions, it rolled out a mobile app to empower Africans in the diaspora.
The recently launched app has a sleek user interface and easy to navigate. It has a range of features that ensure a streamlined and secure currency transfer experience, providing solutions tailored to cross-border payment needs.
The hassle-free onboarding process allows users to create an account in just a few minutes, eliminating rigorous processes.
Speaking on the launch of the mobile app, CEO of Leatherback, Toyeeb Ibrahim said,
“We are proud to introduce our mobile app to empower Africans in the diaspora by providing solutions tailored to their cross-border payment needs. We love the idea of accessing 15+ currencies and transacting across 21 countries on the go, without physically visiting a bank”.
The app is launched with a range of exciting features, to enhance the seamless transfer of funds and to enable a secure currency transfer experience.
Check Out Some Features on the Newly Launched Leatherback App:
• Daily rates and negotiation: Individuals in the diaspora can access daily rates for each currency and negotiate the rates that suit them. Their negotiations are considered, while Leatherback ensures the offered rate works.
• Instant transfers: Through advanced technology and strategic partnerships with banking networks; Leatherback enables instant fund transfers, empowering recipients with swift access to funds when needed.
• Send: This is a remittance product on the app that enables individuals to send funds in their local currency, and the recipient will instantly receive the funds in the currency of their choice, be it in NGN, ZAR, TZS, CFA, XAF, XOF, GHS, GBP, USD and many more.
• Multi-currency account: Individuals can own a multi-currency account to quickly process transactions, and deposit and withdraw funds in various currencies. Interestingly, users can transfer funds between sub-accounts or convert currency as needed, often at a preferential exchange rate compared to regular currency conversion fees.
•News and Updates: On the app, there is a news and update feature that enables users to stay updated on any recent happenings about Leatherback and news on any product launch.
As part of the startup’s commitment to cross-border payments, Leatherback is authorized by notable regulated bodies to ensure that the mobile app is accessible to users in Nigeria, Ghana, Tanzania, Cameroon, and other African countries.
Leatherback mobile app represents a significant step towards a more interconnected world, where financial barriers are torn down, and individuals have the power to connect, support, and thrive across borders.
The Fintech company partners with notable companies that have been pivotal to their success, which include PROVIDUSBANK, Prime Trust, Stripe, PLAID, Clear.Bank, Currency Cloud, and 4STOP, amongst several others.
Leatherback describes itself as an ever-evolving Fintech company with a global mission to become the number one trusted partner, creating opportunities for everyone from individuals and SMEs to big businesses.
