Kuda Technologies has announced the upcoming launch of a multi-currency digital wallet in Q3, aimed at facilitating remittances for Africans. This new service follows the company’s recent acquisition of a payment license in Canada.
The Kuda digital wallet will allow users to add funds in various currencies, including GBP, EUR, USD, and CAD, and seamlessly transfer money to African countries through a robust network of trusted partners.
During a recent tech conference in Canada, Babs Ogundeyi, Group CEO and founder of Kuda, stated, “With the launch of our digital wallet in Canada, we will offer Africans living in the country, including recent migrants, a simple, transparent, and cost-effective way to send money home. This will ultimately improve their financial well-being and strengthen their connections to their countries of origin.”
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