Africhange, a global remittance services provider from Nigeria, has expanded its operations to the United Kingdom. The tech-enabled service focuses on facilitating cost-effective and efficient cross-border money transfers, catering to immigrants in Canada, Nigeria, Australia, and the UK. Africhange is recognized for its low transaction fees, fast payment processing, and strong customer service.
Starting with the UK-Nigeria corridor, Africhange plans to extend its services to Ghana and Kenya by the end of the year. The company’s new Authorised Payment Institution License will support various payment solutions, including remittance services, for UK users.
David Ajala, founder and CEO of Africhange, considers the company’s expansion into the UK as a crucial step in improving global payment experiences for Africans abroad. Their mission is to address high transfer costs that often hinder remittance funds from reaching their intended recipients in Africa. With a focus on expanding services, reaching more customers, and facilitating seamless and cost-effective international money transfers, Africhange aims to make a significant impact in the remittance industry.
UK students enrolled in universities will benefit from discounted exchange rates, alongside the market-leading rates available to the general public. Africhange also plans to launch its loyalty program, Afripoints, allowing users to earn cash rewards for transactions made through the platform.
Africhange’s expansion into the UK is set to provide a much-needed service for the African diaspora, offering reliable and affordable solutions for international money transfers.
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