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Flutterwave, the African paytech company, is expanding its ‘Send App’ service across 49 US states through a partnership with MainStreet Bank, a local bank serving customers in Massachusetts and New Hampshire.
Send App by Flutterwave aims to facilitate faster, easier, and more affordable money transfers from Africans in the diaspora to their families and friends back home.
Send App’s US coverage has grown to 49 states today (all except Texas) and plans to build on Flutterwave’s success since its launch and reinforce its commitment to serving African diaspora communities globally with a payment solution that fits their needs.
Remittances to Africa have doubled over the last decade, reaching an estimated $100billion in 2022, according to the United Nations, supporting the medical bills, education costs, and living expenses of an estimated 200 million Africans. The importance and necessity of staying connected, no matter the distance, is a key driver of this expansion.
Other key features of Send App include real-time support and exchange rate updates, an activity section that tracks transactions in real-time, as well as a new voucher and referral code section.
“As a customer-focused, tech-forward community bank, MainStreet Bank understands and prioritises investment in communities, which makes it a great fit for Flutterwave’s goal to build bridges that connect Africa to the world,” said Olugbenga Agboola, founder and CEO of Flutterwave. “Our partnership with MainStreet Bank underscores our dedication to providing secure, regulatory compliant, and efficient financial solutions.
“This has further strengthened the safety and security of our customers’ funds and data, ensuring that Send App remains a reliable remittance solution that gives Africans in the diaspora peace of mind with every dollar they send back home. We care deeply about our diaspora community, who we expect to play a major role in Africa’s next phase of growth.”
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