By Ifeoluwa Odunayo
Flutterwave, Africa’s leading payments technology company, has introduced Swap, a new feature on its Send App that enables Nigerians to seamlessly convert naira to U.S. dollars, British pounds, and euros at competitive rates.
Developed in partnership with Kadavra BDC and Wema Bank, and backed by the Central Bank of Nigeria, Swap offers a fast, secure, and accessible foreign exchange solution.
It is designed to facilitate international transactions, including tuition payments, medical expenses, and other cross-border financial needs.
Flutterwave CEO, Olugbenga ‘GB’ Agboola, emphasized that limited access to foreign exchange has been a major challenge for businesses and individuals.
With Swap, Nigerians can participate more effectively in the global economy, sending money with greater ease and confidence.
The company also plans to expand its currency options, further bridging Nigeria’s financial integration with global markets.