Africhange, a global remittance service provider, has started operations in the United Kingdom. They offer an efficient, cost-effective, and reliable way for people to send and receive money internationally.
Africhange uses technology to help users transfer money across borders, focusing on Canada, Nigeria, Australia, and the UK. The company was founded to make remittances easier for immigrants, offering low to no transaction fees, quick payments, and excellent customer service.
Starting with transfers between the UK and Nigeria, Africhange plans to expand to Ghana and Kenya by the end of the year. Their new Authorised Payment Institution License will allow them to provide a range of payment solutions, including remittance services, to UK users.
UK university students can benefit from discounted exchange rates, while everyone can enjoy Africhange’s competitive market rates. Africhange also plans to launch a loyalty program, Afripoints, which will reward users with cash for using their platform.
David Ajala, founder and CEO of Africhange, 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,”
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