In Africa, there are a lot of financial restrictions that we face here. Many times students in other countries find it extremely difficult to receive their allowances from parents and guardians. Countries especially Nigeria and Ghana are not an exception.
If you are an African student in Ghana, for instance, trying to receive your school fee from your parents in Nigeria, you realize that the processes are even more than you thought where your parents have to go through some FX processes, etc.
But with a world of financial technology, things are beginning to take shape in their own little ways. If you are looking for how to receive money in Africa seamlessly in a matter of seconds, then, in this post, I’m going to share with you the best way to transfer and receive money in Africa.
There are a lot of financial technology companies in Africa with Nigeria currently taking the lead. But most of it all, there’s one that has been able to stand a taste of time and is providing solutions to Africans and students alike. The platform is called FXKudi.
This company made its way to the public first in 2020 and has since provided financial solutions to individuals, parents, and guardians in Africa. In a press meeting with one of the co-founders, Adetunji Afeez, FXKudi is providing a solution with the aim of democratizing cross-border money transfer across Africa.
We all know how much it costs to transfer money from African countries to other parts of the planet. The stress, the fees, and the delays before achieving that. It’s actually nice to find a platform like FXKudi that understands the need to provide cross-border instant money transfers.
The fun part is that it is only the sender that needs an account on the FXKudi app while the receiver only needs to provide a bank account in any of the African banks to receive the money.
Why FXKudi Is The Real Deal?
It’s simple. The features you enjoy with the FXKudi app are stress-free which makes using the app very seamless. It has a very unique interface and user dashboard to enable you to do everything on your account. The overall feature is their money transfer option.
Transfer money for free
With FXKudi Mobile app available on Android Playstore and Apple Appstore, you can transfer money in a matter of seconds. You can send money from Nigeria to Ghana, Ghana to Kenya, etc, and vice versa.
Currently, there are six (6) supported countries and the startup has promised to expand to other parts of Africa. The app/ support sending and receiving money in the following pairs of currencies, Naira, Cedis, CFA, USD, and KES, and in just three steps you complete a transfer transaction.
How To Transfer Money With FXKudi Mobile App
The only requirement is that you’ll need an account with the app. And you can follow these steps to download the app at the speed of light.
- Search for “FXKudi” on the Apple App Store, or on Google Playstore and download
- Complete KYC process
- Sign up successful
Steps to transfer money after registration;
- Select sending and receiving currency
For example; if you are sending money from Nigeria to Ghana, then you’ll select sending country to be Nigeria and the receiver’s country, Ghana, and proceed.
- Provide receiver’s account information
- Complete payment process
FXKudi also has a service called Virtual Dollar card which enables you to pay online across the world. With the FXKudi card, you can shop on Amazon, eBay, Fiverr, Udemy, and a host of others.
In A Nutshell
– FXKudi enables you to send and receive money in Africa in seconds.
– With FXKudi card, you can shop across the globe and pay for anything online on over a thousand websites that accept it.
– You can register for an account for free and start sending and receiving money from the FXKudi mobile app which is available on both iOS and Android devices.
This is a sponsored post – Monday, June 13th, 2023.